Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
@NGR: Don’t try to efface history and don’t put a cloak on all the big words that Tenner spouted - no doubt to lure retail investors for a 37p placing for which there was no economic justification in terms of share price issued.
Tenner only recently found his way to a more sober communication after having deliberately misled retail investors - so again no praise from me but I know that you are a professional Tenner cheerleader.
Qdnano: Just a shame that Tenner found his way to more sober communication after having misled investors for many months up to Samsung settlement.
This man deserves no praise whatsoever!!!
Everyone compare Tenner’s bombastic words from presettlement about Samsung litigation being only the cherry on the cake. Well the cherry on the cake was a crumbled old cherry and the cake turns out to be a small slice….obviously without any hard data in the RNS.
Maybe Lombard Odier with their fantastic independent analysis will know MUCH more.
Nanoco is a joke.
@LordWM: I hear you but once can also easily view the current share price as a sign of the catastrophic lack of trust and disillusionment of existing shareholders and reticence of other participants to become Nanoco shareholders.
I remain disgusted by the way Nanoco management and BoD have treated "their" investors.,
@TwoGood2Die: Yes, I have also decided not to pay the slightest heed to Edison...and yes for exactly the same reason...yeah...USD 250m only for the US market...
And Tenner saw all these "research" reports and remained silent.
@Nanonano: Yeah it was only for the US but remember that Tenner with gusto intoned that he would only agree to a settlement that would be global in scale and that would be a multiple of “current value”.
I don’t want to hark back but one needs to keep the past messaging in mind so not to be taken in too easily by current messaging.
Look there is neither right or wrong here as neither you nor I know what really went on at the heart of Nanoco but sometimes these share messaging boards get all hyped up and it’s good to have some people saying be cautious
@Nanonano: Troublesome has already made one valid point in his latest post and the one that I want to make is that I just cannot see any significant director share dealings.
And after the almost non existent transparency and communication with investors I also don’t believe that Tenner cares about retail investors at all.
I will make these points from time to time as O think that good and honourable people might be taken in by Tenner and the Board.
Oh and don’t get me wrong: Maybe they get commercialisation done but if the Samsung settlement is going to be the yardstick thank I don’t think we get a Schwarzwälder Kirschtorte but a 99p Tesco orange slice one day before sell date…
@LordWM: No, I am still partially invested and I am not trying to “work” the price.
I am just shocked how many people gobble up what Tenner says. And quite honestly I was excited by past Tenner presentations and in all honesty and frankness that this CEO has a tendency to excite and then to disappoint shareholders…
@Westhantim: I read the last few posts and the central still unanswered question remains: Why did we sign away the field of business where we had achieved commercialisation by the underneath tactics of Samsung.
Wake up everybody Tenner is still leading you up the garden path and quite frankly the fund raiser at 37p was a colossal dupe of investors.
@Westhantim: Yes I was also asking myself this question.
@Nanonano: Unfortunately I fear you are giving Tenner too much credit and his messaging around two imminent value inflection points and what was the result of the first inflection point was woefully off the mark and the second inflection point turns out to be less imminent than the word “imminent” implies.
I also don’t get why one would sign away major research effort and business field and major legal efforts for a risible sum….
I still am of the opinion that Tenner and the Board has acted in a way that remains many questions unanswered and a big question mark over their integrity and alignment of interest with ordinary shareholders.
@LordWM: I love your optimism and as someone who still holds a portion of Nanoco shares I genuinely hope you are right…
…however I was also very positive about the Samsung settlement due to the positivity shown by Tenner..and the rest is history.
@LordWM: No I don’t slam Nanoco or Tenner because I want to buy more. I slam Tenner over deceitful words and assurances that proved worthless.
You can do this to retail investors but don’t expect them to forget or forgive this betrayal of trust.
@troublesome: Exactly - quite frankly it is beyond me why anyone would still trust Brian Tenner or the Board. As was demonstrated with the Samsung settlement there is a clear gulf between what Tenner said and what he agreed to.
I judge people on the veracity of past statements and on these grounds I would have more faith in a Hans Christian Andersen fairytale.
@Nanonano: Brian Tenner always had good news for Nanoco shareholders - at least good news in his opinion.
I will spare myself attending another Andersen fairytale presentation.
@NGR: Well giventhe rhethoric fireworks of Brian prior to the capitulation settlement with Samsung a picture was painted of "imminent" inflection points. Well one inflection popint was an inflection landslide and on the other positive development, ie commercialisation, they have become very quiet.
I am greatly heartened to continue to see that the Brian Tenner inflection point has turned out to be the Brian Tenner inflection landslide.
@ddubya: What angered me and still angers me is the attempt of Tenner and Board to paint the settlement which was an utter capitulation as a success. This was insulting to any clear thinking shareholders. Also interesting that all the talk about going after other infringers was just empty talk.
My advice to anyone interested in Nanoco: Stay away and find a company with better and more honest management.
We are dealing with a CEO and a board who are beyond the pale.
I voted for Tenner to be gone due to his systematic deceit of Nanoco’s investors.
@Carlos: Unfortunately I agree with Nanogeddon. The Big Boys got what they wanted: Samsung a deal that allows them to go scot free, LOAM very nice profits, lawyers nice fees, Tenner and Board nice salaries...
...and the retail investors whomare financing all this: Zilch!