RE: graphene usage6 Apr 2017 09:15
The surge of interest yesterday was clearly prompted by the graphene news about purifying seawater. I suppose every interested investor had a look to see what companies included the word 'Graphene' in their name and here we are.
Just a quick note...Allied Graphene Materials has a market cap of £35m with a piddly turnover of £75k plus some grants and interest taking it up to around £250k. Even their CEO earns 3 times the turnover! Shocking. Their market cap is 4.3 times ours. Crazy.
We have some great products and are REALLY on the up.
And by the way, to those unsure whether we are actually interested in seawater-to-drinking water, i would draw you to the paragraph in last years accounts:
"Global water consumption doubles every 20 years. Today, water scarcity, changing demographics, declining water quality, stringent regulations and climate change impact have become major issues in the global water sector, driven by rising demand due to population and economic growth. The global water market is currently estimated at $425.billion with strong demand for innovative solutions that enable more efficient use of available water resources, reusing and recycling of water to enhance the quality of drinking. Demand will continue to grow with the market expected to reach $1trillion by 2025 and leveraging on its technology platform, Graphene Nanochem intends to capitalize on the opportunities to address these water related challenges focusing on speed, size and cost reduction offered by its solutions."
So guys, we're in there - it may take some time. But the future could be VERY bright. But this is not a get rick quick investment in my opinion - more like a steady rise as products are proven. Long term hold and reap the benefits in years to come.