Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Thanks for all the info XenOn. It seems highly likely it's one of these products because BT stated that the biggest prize for Nanoco is mass adpotion into mobile phones. The timing of the product manuracture & launch and the fact that these two are specifically aimed at mobiles, amongst the many other applications we all know about work with Nanoco's statements.
We'll hopefully have run rate orders ramping up for use in industrial and other applications, but the mobile device manufacturers (Apple, Samsung etc) will be evaluating the sensors and worried about the FOMO of a competitor bringing a profuct to market first with better performance, battery life, etc.
I'm still holding off before adding more, hoping it drops a bit before news lands.
Also, it looks like Ruchi Upadhyay is the GTM person for N.America (Sylvie IRIGARAY for Europe), and she's doing the conference rounds to evangelise the new sensors, another big one this month - https://embeddedvisionsummit.com/2023/session/image-sensors-to-enable-low-cost-and-low-power-computer-vision-applications/
GLA and a good long weekend to you all.
That's awesome XenOn, thanks for sharing.
The product looks made for mobile devices, smaller and better than competitive products. If launched now and currently being evaluated by the device manufacturers, I gues that's why they predict 2026 for mass adoption. We could see it used in many other products before then too.
Very exciting.
I'd love to know what the STMicro product is that contains Nanoco's dots.
This one looks particularly exciting - VL53L9, and many of the ST project team that worked on it and Product Marketing people launching it are making a lot of noise about it (you can see their posts on Linkedin). If this is the one we could see a fast pick up in orders/adoption.
Are there any more technical people who have a view on this?
https://www.st.com/en/imaging-and-photonics-solutions/vl53l9ca.html
https://www.linkedin.com/posts/laurentplaza_stmicroelectronics-expands-into-3d-depth-activity-7166441160897462272-bWqf?utm_source=share&utm_medium=member_desktop
https://www.youtube.com/watch?v=W-7BENMOQV0
Another bulling copper article.
https://www.telegraph.co.uk/business/2024/05/02/world-poised-on-edge-new-copper-supercycle/
Good luck everyone, I suspect Atalaya has far to go and will likely be an acquisition target at some point.
She was working hard to finish above 450, looks like she may have made it.
What a beaut.
Above 450p for a short time, and the copper price keeps rising.
Last time it was above 450 was 2011.
GLA
We're pushing new long term highs and we're now on the main market. There's also a rising copper price, increasing output and potential to reduce costs, with a potential M&A frenzy beginning over copper assets.
Any chartists have a view on where this could go and next resistence points?
But I’m guessing fund managers who may be restricted on what they can trade may then be able to take a position when we move off AIM.
Could the VL53L9 also include QDs? Plus this names a first end customer (Lanxin Technology) with VD55H1 (apologies if already posted).
"ST is also announcing news of its VD55H1 ToF sensor, including the start of volume production and an early design win with Lanxin Technology, a China-based company focusing on mobile-robot deep-vision systems. MRDVS, a subsidiary company, has chosen the VD55H1 to add high-accuracy depth-sensing to its 3D cameras. The high-performance, ultra-compact cameras with ST’s sensor inside combine the power of 3D vision and edge AI, delivering intelligent obstacle avoidance and high-precision docking in mobile robots.
In addition to machine vision, the VD55H1 is ideal for 3D webcams and PC applications, 3D reconstruction for VR headsets, people counting and activity detection in smart homes and buildings. It packs 672 x 804 sensing pixels in a tiny chip size and can accurately map a three-dimensional surface by measuring distance to over half a million points. ST’s stacked-wafer manufacturing process with backside illumination enables unparalleled resolution with smaller die size and lower power consumption than alternative iToF sensors in the market. These characteristics give the sensors their excellent credentials in 3D content creation for webcams and VR applications including virtual avatars, hand modeling and gaming.
First samples of the VL53L9 are already available for lead customers and mass production is scheduled for early 2025. The VD55H1 is in full production now. "
https://mvpromedia.com/stmicroelectronics-expands-into-3d-depth-sensing-with-latest-time-of-flight-sensors/
XenOn, do we think the ST VD55G1 is the product with Nanoco's QDs then?
There's certainly lots of GTM launch activity from ST right now.
https://www.youtube.com/watch?v=dkcqmV_e7n8&list=PLnMKNibPkDnH8s-eBnz0acd-CSWZH3rJO&index=9
https://www.st.com/en/imaging-and-photonics-solutions/vd55g1.html
There it is, a five year high. Plenty more to go with this with increasing output, lower costs with the solar farm, a rising copper price, m&a activity and a main market listing on Monday that will see Atalaya included in many indexes. With their dividend policy we can look forward to higher dividends this year too.
Good luck to all holders, I suspect this has a lot more to go in the very short term.
We're testing the 5 year high of 440, just a matter of time, today, tomorrow or Monday.
Good luck all, let's hope the main listing turbos this.
This sounds like good news, will be interesting to see if big players start buying. Could be significant for teh SP, particularly as the copper price is holding up and we may be at the start of a long-term multi-year copper bull run, as widely reported/predicted.
Including todays RNS:
- £754,763 spent (25.16% of £3m) in 9 working days
- 3,535,459 shares acquired / cancelled
- Average price paid £0.21348 per share
At the same rate it should take approx 36 working days to complete = around w/c 17th June.
If the purchase average remains the same (21.348p) we'll buy another 10,517,124 shares.
This will leave us with 185,366,145 shares in issue (plus 13,762,222 in treasury).
At this rate there will be 185,661,861 shares in issue, plus 13,762,222 in treasury (£2,443,236 to go at an average of £0.21807 paid so far).
At £0.20 PPS with £23m in cash, that will be just under £15m enterprise value for the business.