Member Info for FlyingHigher

+ runcorn refit and other assets. I can find £70m of value in Nanoco. That seems fair, but it won't be anywhere near £70m.

He has also contradicted his own comments as he talked about a settlement and on-going license deal, so you can't argue with somebody who denies making statements they evidently did. That's just mad. Believe what you like TerrorWit, you're always right!

I imagine every long-term holder here is looking at getting out at their breakeven point

He's Rodders to me - good bloke

It's our mate Rodney Gilstrap again

Get out now folks. It's only going to get worse. They'll need more money for the next well, then it's a total gamble, which may or may not produce anything. If it doesn't the company is doomed. It will be COPL V2 indeed. A stupid investment really, you'd have more fun at a casino.

We have no way of knowing whether there's oil so it's a 50/50 boom or bust punt.

"Fact is that if Apple hadn't changed their minds Edelman would have been your hero." I agree with this, although wonder if he and the Nanoco leadership were part of the reason for their withdrawal. That is a mere conspiracy theory though. The official line is they dropped the project due to costs and other priorities. I'll make the point again, it will look like an almighty coincidence if the new leadership reach commercialisation.

My money would be on the Asian customers pulling out, but lets be optimistic!

You also predicted a larger settlement as has been pasted before. Its really weird that you deny this when everyone can see it. You clearly don't like being wrong.

What about the millions of annual royalties you predicted?

The injunction and sales procedure are both a means to get LG to settle. The same was true with Samsung.

I did some reading after Terrorwit was defending the settlement and I read that there have been many tragedies of people taking their lives. It sounds like a horrible ordeal of exposing everything about peoples' private lives and I think Nanoco chose to minimize that. Obviously I don't know what was discussed, I'm speculating.

It seems like they're doing the same thing again.

Act quickly and effectively to secure a settlement.

It's not going to be earth-shattering, but it will be very significant for Nanoco in my opinion.

Further legal action or a takeover can't be ruled out either.

If Nanoco got a fairly quick £10m that would help them reach commercialisation much faster and could transform the business. Who knows? I clearly have more confidence in this new leadership!

The Cadmium Free Quantum Dot Sensor market is expected to grow to £1.1bn by 2030. It is still in its relative infancy with initiatives such as those conducted by Nanoco's current customers. The race to commercialisation has begun.

With Nanoco expanding their operations with new leaders at the helm, it's possible they will achieve a sizeable chunk of this market. This alone represents significant value!

TerrorWit - It's very strange that you reacted in the way you did. You rewrote history, denied making comments you clearly made, then said everyone else was wrong to get their hopes up. It's really odd behaviour that gains you nothing.

Perhaps it irks you too much to admit you were misled. You were like the rest of us, but you want to sugarcoat it for no sensible reason.

TerrorWit I completely agree that the bid could be anything.

I'm just making a vague value case which includes some cash to illustrate my belief that Nanoco is vastly undervalued.

For newbies, I struggle to see how there's less than £70m of value here.

£15.5m cash

£46m was the accounting valuation placed on the IP.

Runcorn was refitted for £20m a few years ago.

There's an impending lawsuit against LG, which will likely add millions to the cash pile.

The sensing applications business has 2 customers with more anticipated shortly.

With all these factors, £70m is too cheap but then factor in the cash burn and it's probably about right.

Ahh fantastic, so 14.35p is still considered cheap by them!

Directors bought in at 13p so its firmly in silly cheap territory.

It's definitely undervalued and should do 30p in the not too distant future!

Limitless appeals too I understand

Ddubya - exactly! The fact that the previous leaders presented damage models for the settlement, which worked out at hundreds of millions, then put out a vague RNS initially before the pittance was announced, is blatant wilful market manipulation for which they should have been held to account.

What is the point in a regulatory body that continues to ignore such misconduct?