Versarien Share Price (VRS)

elmer, I think it depends on the exact timing of the 20 day period. It's never been disclosed what the exact timings are. If it started on 1st May (and on 1st of subsequent months, a reasonably logical process) then the VWAP is 48.41p with 5 days to go. I have no idea what the actual period is and doubt they'll disclose it or the exact level of any monies received. Whichever VRS won't get £236k under the example below as there is c£20k of costs to come off the gross figure.

I'm not sure it works to try and be too exact on what monies are flowing, or when, given the real data isn't in the public domain. The cash does though provide most if not all of the monthly cash burn, so its very welcome.

I too hope China news follows soon and before 30th June. It will all help the story here.

On the accounts we know there'll be nothing in the numbers, they're backward looking and there have been no RNS of material orders. It will be all about the update on the various collaborations. I would like more on AECOM concrete, O&G as well as MAS. Any news on the bottle field test - such as whether it's underway (last update was a field test was the next step but I've no idea how long it would take to initiate such a test). I don't want any news of a collaboration failing!

All the news in terms of long term strategy has been positive over the last 6-12 months. Airbus and Rolls Royce added to AECOM and MAS that are all in the public domain is building a great client list.

Of course a material order would be best news of all.

On the other board a claim has been made that the VWAP (over the last 20 days) in line with the Lanstead Sharing Agreement is 50.39p - approximately 94% of the Benchmark Price - in which case VRS should receive ca £236k as the first instalment early next week (perhaps as soon as Tuesday).

This is disappointing as I was hoping that the SP would stay at / above the Benchmark Price, though I suppose 'only' a 6% loss is not too bad given the usual SP performance when there are long periods of no meaningful news (especially when this has previously been indicated) should just about keep the lights on for another month if Chris has tightened the purse strings.

Looks like everything is now going to rest upon Chinese News - for which we WILL hear something (positive or negative) at some point in the next 5 weeks, if it's in anyway negative (including 'more time required') I fear the SP action will not be pretty. I also believe Chinese News will come before the Finals (which is also a good things as these too will not be a beacon of positivity either and only play into the hands of the naysayers).

Getting caught in the middle is a legitimate concern. We will need both. Just look at their latest ruse. Companies selling components to Huawei designed using US software or tools must stop. Doesn't matter if the company is American or the product made there. Taken out chips from TSMC in one go. Can't see BJ doing anything other than blathering a bit and accepting if push comes to shove.

just like i said few posts down , luckyorange your spot on

A good summing up Bass, it is as if Trump wants to be ruler of the world but boy does he tell some porkies and then says the opposite a couple of months later hoping everyone has forgotten... not possible with his twitter activity.
Not long ago he was talking nukes with North Korea and now they are besties!
One thing with Boris is that he will do what he sees as pragmatic in spite of the rumblings in the backbenches, he knows how it all works , US knocking China knocks their own economy and not easy to disentangle .... UK will deal with both despite any threats to the contrary , the rest is just politics.