Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
It is my feathered friend. IF Nano exceed their own projections, execute the current contract without issues, win further pipeline potential, control operating costs, gain traction in customer's target markets etc etc etc. I could go on. Lots of IFs for an unproven business which has repeatedly fallen foul of IFs in the past. Nano's credibility (and a few posters on here) regarding forward statements needs repairing. Hopeful but not convinced to start increasing just yet but each to their own dear rook - fly free. I need to find my other teef damn ifs.
If Nano fail to become cash positive during FY20 then cash raise necessary. I personally think they will raise well in advance this time round if they say any obstacles appear on the horizon whilst they have (some) speculative support.
Trouble a cut and paste from their post "Although it is based on HgTe the numbers give a good idea of the quantities of material required. I'm guessing the CIS dots would command a higher premium but the example used is 2m units requiring 50kg dots - they're going to need to be producing massive numbers to generate any really substantial revenue. At $20-30k / kg that's only 1-1.5m revenue. " From the paper it is actually 20m units requiring 50kg dots.
Still not sold on the Apple idea due to the volumes (Although I note Howl's fag packet calcs missed a 0 - 20m 1 cm units /50 kg). For a mass market application such as an iPhone I'd expect more but maybe it is watches/vehicles etc. The cost of manufacture/supply is difficult to gauge but purely on precursor materials some will be much lower volumes based on revenue projections - see patents for CuXSnY4 type compared to the Indium-containing CuInS2 type. As I said 'excited' by the tech which solves some of the issues discussed in that article but not on the financials.
Think you have to assume that the Edison interpretation is correct bags. I'm enthusiastic with the tech but not so much on the financials yet (still loss making FY20). Confusing picture - if the above is indeed true it would appear scale production (albeit modest) of another nanomaterial commences supply prior to the material originally developed and covered in the original contract. Seems unusual. I think Howl over on ADVFN has probably identified the materials under discussion and they appear in the last patents which come up on a Google search. Https://patents.justia.com/assignee/nanoco-technologies-ltd Also from Howl (thanks as always!) was a document which touches on scale supply which is interesting and gives some insight into volumes/revenues. (Hence my concerns over financials at least in the short term) Https://www.frontiersin.org/articles/10.3389/fchem.2018.00575/full Need some detail from Nano over the next few months and hopefully some additional revenue streams to make me a true believer again.
The usual ambiguous confusion from a Nano RNS. I read it similiar to Bagpuss I believe, in that this 'extension' is a one year material supply contract for production and delivery of the material under development in the original contract which ended following completion of build (Substantially completed?) and achieving tech milestones. The value of which is around £5-6m, £3m within the current FY and another £2-3m in the first half of the next FY. Is that not what others are reading?
Identifying misinformation, errors and general fantasy may assist others in finding the truth. A collective can be quite powerful in this regard and a monologue isn't. We are all investors with the sole purpose of making a profit and that profit is time dependant on both the company's and investor's own cashflow. As mentioned repeatedly I hold a modest amount of shares which I am happy to sit on for the time being as they are profit from trading NANO for several years. All remarked on through the post histories for anyone who has time on their hands. Your historical posts are also there presumably LOL.
Look like a good fit to me based on the information we have so far? Large US Tier 1 / IR market leaders / QDIW/QDIP research / expanding / M&A activity. Recently bought out CEVIDIA for AI processing of various applications incl. autonomous vehicles. Plenty of accessible information from the usual Google searches, LinkedIn etc. Too knackered today - impressed trouble has the energy to clean his boots - my gear still left unpacked and festering I'm the hallway! https://www.flir.com/about/investor-relations/