Member Info for LordWM

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.

Sorry, 27 working days = w/c 3rd June

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.

The question is what happens then? Is commercial order news expected over the next few weeks?

As of Friday:

2,553,108 shares purchased in approx one week

£556,763.69 spent (18.56% of £3m)

£0.21807 average price paid

SP has dropped a little, still plenty to go to prop it up.

At this rate the £3m buyback should be complete in around 5 weeks from commencement - Friday 17th May.

Hi Pirate, do you have a link to this please. Thanks for sharing.

@Kooba I was clear that I'd sold out before the tender and hoped to buy in below 20.03p, which would give me a lower average. A bit high risk, but I just bought some at 19.39.

I'm back in!

I'm getting interested again... Wonder how far this could drop, any views?

Makes no sence, being dragged by poor macro sentiment I guess. May buy more.

Must be time for some news on Paraguay soon. That should get this motoring and will be exciting to move into the construction phase, with more visibility of first revenue timeframe.

I’m surprised the SP hasn’t gone down more to reflect the likely reduction in cash in the business. I guess there’s uncertainty over the uptake of the tender offer, and some larger holders may decline to take part to increase their holdings after shares are cancelled.

I believe they’re due to announce tender results tomorrow, so we may see an ‘XD’ style adjustment then.

I’m hoping for a price of well under 20p (as low as possible obs), and will start buying again if that happens.

Sorry, this was the IQE link I meant to post, from last week - https://www.iqep.com/media/press-releases/2024/iqe-enhances-ai-connectivity-for-data-communications-with-advanced-high-speed-portfolio-expansion/

Sorry, I read the article date incorrectly!

LOAM invested and had a board seat for a time at Nanoco, and are IQE's largest shareholder.

I'm not sure if there's a QD related connection here and don;t understand the science, but could this be a different application and market for CFQDs - https://www.iqep.com/media/press-releases/2014/iqe-s-large-scale-mbe-technology-paves-the-way-for-next-generation-silicon-photonics/

The record date for the tender offer is 6pm on 9th April, results of the tender are 11th April, there's something else on 12th April and shares transferred/monies settled on 25th April.

https://polaris.brighterir.com/public/nanoco/news/rns/story/rgggzvr

Does this mean the 9th April (6pm) is the record date, after which the SP will likely make some sort of adjustment, but as the 'Accouncement of the results of the Tender Offer' is 11th April, will there be voltility due to the uncertainty?

BT saying that some (I'm guessing large) shareholders didn't want a return of capital, thay're likely to not take part in the tender offer and hold their shares.

We've discussed HOW the SP may react, but WHEN do people think it will happen, bearing in mind the small gap between the record date on 9th and results date on 11th?

Should be an interesting week.

I think 441 is a long term high, maybe 10 years or more. Fingers crossed we break that this week. All the forecasts are for copper to be just beginning a long term bull run.