Member Info for BlahBlahDoh

I disagree, I think the carefully chosen words "niche market" and "very high quality food" suggest this will be for very specific high value foods, probably grown out of their natural season, for supply to rich western markets as expensive luxury food. Benefits may eventually trickle down to the poor, but there is enough food for everyone now, the problem is distribution, and I can't see them building high tech facilities in famine regions where there is no infrastructure.

ME seems to elevate a previously underplayed "Nanomaterials business" to the same level as Display, Lighting, Healthcare and (not) Solar. To my mind that's tantamount to recognising it as a new revenue stream, a Solar substitute, if you will. It 's an odd distinction though, because all the other divisions are based on nanomaterials.

Thanks Infinite, I was seeking education thinking you had some new information which ruled out my tentative suggestion of lead sulphide QDs as a possibile material for the new deal. I remain uneducated. So what can we deduce about the material for the new deal? And the partner? We're looking at proximity sensors for cars, so it could be camera, radar or LIDAR. Infra red seems to point at LIDAR as the most likely. If so, that's laser based (LIght Detection And Ranging), with a sensor measuring the reflected pulses, so what material would you need for that? Conceivably you could use QDs for precise tuning of the laser pulses, but interview comments suggest it's in the sensor itself. Does this point towards QDs or something else? The dominant force in LIDAR is a Silicon Valley-based company called Velodyne.

No, not really, I'm returning to a comment by Infinite in the last thread: "These 2d nano particles for IR sensors are not like quantum dots" Please Sir, can I have some more (information)?

Agreed Infinite, the correct answer to my question seems to be "nobody knows, now will you please shut up about it!". OK, I'll relax and just accept - the size is both doubling, and >quadrupling - in the quantum world, normal rules no longer apply.

Not sure what you mean Infinite: surely the existing R&D department already has offices, labs and storage space, so why wouldn't they just double in proportion to everything else? Why would they then need more than all the rest put together on top of that? Even if you're right, it still represents an overall increase in size far greater than doubling.

Tom, thanks for your valuable input, but you're wrong mate : the average UK house size is about 818 ft2: http://shrinkthatfootprint.com/how-big-is-a-house The "fuss" was merely a polite enquiry about why the figures given in the press release don't agree with MEs comment about the size of Runcorn doubling. 3->13 is substantially different from 3->6, and as I said before, ME didn't mention production or capacity, but he did mention size.

NigWit can't add up. It's not "rising to 10,000 sq ft after expansion", it's "10,000 square feet of additional space". So that's 3000+10000 = 13000 sq ft in total, after expansion. He's built his elaborate construction on sand, I'm afraid.

That press release says 10000 sq feet additional to the original 3000 sq feet. Is there a typo in there somewhere, or is the current size different from the original size? It's hard to reconcile the given figures with ME's statement of a doubling in size, unless there's some missing information. On those figures it's more than quadrupling in size!

I don't think ME actually said anything about doubling production or capacity, he just said doubling the size of Runcorn, in the context of what was being funded by the new partner: I took that to probably mean something like a replication of the existing setup for producing the new material? The material could conceivably be Lead sulphide QDs: https://www.startpage.com/do/search?q=lead+sulphide+QD although I think NigWit only noticed patents relating to Indium? Something they have been working on for over 10 years, you'd think we would have more of an inkling!

Yes Max, it was that one in Tempe, Arizona. The first and only fatality so far, I believe. Few details have been released by the police except that it was a Uber car in self-driving mode, and the deceased was struck after walking in front of it: https://www.technologyreview.com/s/610574/what-ubers-fatal-accident-could-mean-for-the-autonomous-car-industry/

Well ME did stress "MORE than sufficient cash": an odd statement to make if there was any doubt about it, and far less defensive than last year. We can be reasonably confident that cashflow is moving in the right direction, imo. "The reference to sensors and automobiles were perhaps two significant clues today." That's a bit of an understatement, before today we didn't even know the application. Now it's clear: @ 6:33 " Of course our nanomaterials business, where we work on a whole range of different nanomaterials, and notably infra-red materials, which can be deployed in a range of products, technologies including advanced sensors, has started to take off. Last month we announced a major new contract in that area. " @ 7:36 "This is an area that we in the nanoparticles group, we've been working on for over ten years, and this contract is very significant for Nanoco. The company that we're working with is funding the expansion of our Runcorn facility, so we're doubling the size ahead of commercial production early 2019. So we're moving very aggressively now to get that new production facility up and running, and get those materials qualified and start selling. The area that we work in is advanced sensor technology, and as you know, sensors are becoming more and more pervasive in our everyday life, and if you look at all the proximity sensors that are used in automobiles to locate what's around you, look at autonomous vehicles and their need to understand what's around them, these are the areas where these types of sensors are used, and our materials work in that area to help improve performance." As the Vortex of Doom I'd like to point out the tragic timing of this interview, coming on the very day of the first fatality due to an autonomous vehicle. Hopefully Nanoco's product can help reduce the chances of it happening again.

Kudos rc30, you hit it right on the nose! Wonder why they didn't just tell us then, rather than now, like this, but then again it's sooooooo Nanoco to do it this way.

"he didn't say they were cash flow positive now. " Quite right Bagpuss. The point he was making is that no more fund raising will be necessary: we're headed for break-even in time to avoid that. That doesn't really put a timescale on it, but it's certainly positive - the net outgoings must be reducing.

Massive news. The key takeaway for me was the casual reveal of a completely new revenue stream from the nanomaterials side: diversification in overdrive. BOOM! Near infrared sensors points the finger of suspicion at lead sulphide QDs as the likely material?

No need to read between the lines, just read what ME said: " exemplifies the potential of our technology", so it's our IP.

Vortex of despair, I like that. I don't apologise for challenging what I see as over-optimistic spin. I thought I used graphs and facts rather than negativity, but that's just me. Despite the melodramatic insults I genuinely wish NigWit well, and hope he is happier now he's removed me from his feed. Who wouldn't be? I'm the V.O.D!

"just wait until the 10th of April then after that you can either crow about how right you�ve been all along" No need to wait Wellwell, I was referring to a pattern clearly visible on a graph over several years, including the current one, surely that was clear from what I wrote? It's there for anyone to see right now. The April figures are irrelevant to the point I am making, which you don't seem to have grasped, and won't prove anything either way. As for my "crowing" or "slinking off", what a peculiar imagination you have. I predict I'll be evaluating the prospects in a realistic manner, and possibly challenging any overly optimistic statements backed by misleading statistics or spin. Let's see who is right.

"How horrible it must feel to be so unremittingly miserable and negative." How strenuous it must be to keep up the fiction that realism is misery and negativity. Optimism 24/7 leaves no room for genuine optimism when it is actually appropriate. Manipulating statistics is a very poor substitute for reality.

Don't really see how taking the start of year figure, the most flattering one available, adds any perspective. The share is down 7.6% over the past year, and has resumed it's normal downward pattern that is visible on the graph over several years. It may possibly be share of the year "next" year, but it was supposed to be this year, and the year before, so optimism ought wisely to be restrained to realistic levels.