Member Info for LordWM

Nanoco in the list of top risers (FTSE Fledgling Index on Interactive Investor) for the past couple of days, currently #2 for today.

This will be noted & explored by momentum investors.

Sorry for repetition, the handbags keep filling the board.

A summary for new investors:

- In Jan23 won a settlement for patent infringement against Samsung, earning Nanoco pre-tax $90m ($15m from a first payment, $75m due early Feb).

- 10-12pps will be returned to shareholders in March24, exact method TBC but likely in whole or part a special dividend and/or buyback

- During Samsung litigation, Nanoco had core patents challenged, tested and upheld at PTAB, confirming validity of patents for Nanoco's volume QD seeding process.

- Nanoco have deep partnerships with 2 global device component/chemical manufacturers partners (one is ST Micro, the other an Asian customer). Both of these have thousands customers.

- Big opportunities are in QD Sensors and display. QD sensors have significant performance and safety benefits, independent reports forecast QD sensors to become mainstream.

- Nanoco are uncovering and engaging with other possible patent infringers, which could result in additional settlements or licence partnerships.

- Nanoco's competition (QD manufacturers) are not profitable and some may have infringed Nanoco's patents. Following Nanoco's patent validation, many will now struggle to raise additional PE funding, one (Nanosys) recently sold.

- Nanoco have cash for 4-5 years (after return to shareholders) but will be cash positive from 2025, possibly sooner = no further dilution.

- Many announcements suggest that Nanoco's QDs are in sensors in the Apple Vision Pro, would be a huge validation of their tech and result in a huge scaling revenue stream and increases likelihood of Nanoco's QDs getting into future iPhone models = massive.

- Other than Samsung (accused of partnering with & stealing Nanoco's methods and knowhow, resulting in $150m settlement and validation of Nanoco's IP at PTAB), QD adoption in devices has not got going. This appears to now be changing, with actual STMicro sensors on sale using QDs. This should snowball significantly over coming months/years.

- Recently strengthened board with two experienced advisors with extensive contacts and experience scaling & selling tech businesses.

- Nanoco completing build of a device lab, to actually demonstrate tech to customers, instead of talking theoretically, which will de-risk and accelerate customer adoption.

- Nanoco is pretty much valued at cash or less than cash, with no value priced in for the core and fully funded business, in the early stages of a new technology adoption across a very wide range of use cases, including sensing, display, lighting, solar panels, medical devices and more.

- Directors are now buying - 16th Jan

@Piltick, the RNS is super positive and really confirms that everything is on track, and will likely happen.

But it's still impossible to actually model earnings, ROI, break even, etc. We need the FID, project financing and offtake details to understand this, and also understand if there will be any further dilution along the way.

My feeling is that this will be massive, but we can't proove it until the Q1 announcements start to drop (so just a matter of weeks).

When that happens, I'm hopeful well see significant SP movement and SP climb as production gets nearer/operational execution risk decreases through 2024/2025.

So right now, it's an awesome time to load up for the brave!

Without wanting to open a can of worms, because im very happy with our current position, I feel disappointed we didn’t take this approach with Samsung. Seems it’s faster, cheaper, effective and would have forced them to a settlement very quickly.

I know this was mentioned as an approach by Tariq and his insurrectionists, but there must be a reason why they didn’t do it.

Apple watch: US upholds ban on sale over patent dispute https://www.bbc.co.uk/news/business-68014619

Anyone know the reason for the price spike? I wondered if we'd break 21p today...

A great update, very happy with the progress.

Samsung will pay on time. The legal action was suspended on the basis that a settlement was reached, the terms of which were detailed in an undertaking to the court, so not an undertaking to Nanoco. So if Samsung don’t pay on time they’ll be in contempt of court. They’ll pay on time, no question about that.

A straight 12p dividend would do me fine. I suspect Nigel would be happy to get a nice payout for his years of work too. He deserves it after the ups and downs.

Aubergine emoji

Do we think we'll break through 21p tomorrow, or higher?

What an exciting few weeks/months we have ahead.

Here a post from a few days back as we’re likely to get more new investor eyes on here:

Here’s what’s compelling with Nanoco:

- Won/secured a settlement for patent infringement against the giant Samsung, earning Nanoco pre-tax $90m ($15 from a first payment, $75 due next month from a final payment).

- 10-12pps will be returned to shareholders in March 2024, exact method TBC but likely in whole or part a special dividend and/or buyback

- During Samsung litigation, Nanoco has some core patents challenged, tested and upheld at PTAB, confirming validity of patents around Nanoco's volume QD seeding process.

- Nanoco have deep partnerships with 2 global device component/chemical manufacturers partners (one is ST Micro and the other an Asian customer. Both of these have thousands of OEM customers.

- Nanoco's big opportunities are in QD Sensors and display. QD sensors have significant performance and safety benefits, see website presentations for more detail.

- Nanoco are uncovering and engaging with other possible patent infringers, which could result in additional settlements or licence partnerships.

- Nanoco's competition (QD manufacturers) are not profitable and some may have infringed Nanoco's patents. Following Nanoco's patent validation, many will now struggle to raise additional PE funding, one Nanosys were recently sold.

- Nanoco have cash for 4-5 years (after return to shareholders) but say they will be cash positive from 2025, possibly sooner, so there will be no further dilution.

- It's rumoured (and many announcements coincide/suggest) that Nanoco's QDs are present in sensors in the Apple Vision Pro, which is a significant because it's a huge validation of their tech and will likely result in a huge scaling revenue stream over time and increases the likelihood of Nanoco's tech getting into future iPhone models, which will be massive.

- Other than Samsung who were accused of partnering with and then stealing Nanoco's methods and knowhow (resulting in the $150m settlement and validation of Nanoco's IP at PTAB), QD adoption in devices has not really started to happen. This appears to now be changing, with actual devices in production using QDs. This should snowball significantly over coming months/years.

- Nanoco recently strengthened it's board with two incredibly experienced advisors with extensive contacts in this space, and experience scaling and selling tech businesses.

- Nanoco are completing build of a device lab, enabling them to actually show and demonstrate the tech to customers, instead of talking theoretically, which will de-risk and accelerate adoption.

- Nanoco is pretty much valued at cash or less than cash, with no value priced in for the core and fully funded business, in the early stages of a new technology adoption across a very wide range of use cases, including sensing, display, lighting, solar panels, medical devices and more.

- And finally, Directors are now buying (16.01

I wonder if it's too low profile right now. They did a great job with their comms to woo PIs last year, lots of presnetations, Q&As.

There's so much potential here with the leadership (eg Peter Levine who took Imperial Enery from 25p to an acquisition exit at £12.50 - a 5000% return), directors buying in huge amounts (Oliver Muscat buying £750k at just over £1 in March 2023), and their proposition (making Green Amonia/CAN, for a consistently low price and immediately selling it into a $multi-billion global market, a huge part of which is on their doorstep in S.America).

The problem is that it's a leap of faith until the economics are clear. This will all change when we can model revenue, break even and ROI, which we'll be able to do when they publish the FID and possible Offtake Agreements (which was obviously due in Q42023, and therefore will drop any day).

Until that happens, it's a leap of faith with feels like it's just you and me in the room kld1. Let's hope we both get rich.

I agree @kld1.

And this is what gives me more confidence, in March 2023:

"Olivier Mussat has today purchased 720,000 ordinary shares in the Company ("Ordinary Shares") at a purchase price corresponding to the Company's most recent placing price of £1.062 per Ordinary Share off-market from Alpha Energies Invest GmbH ("Alpha"), a company owned wholly and beneficially by ATOME Chairman, Peter Levine. The purchased Ordinary Shares represent 2% of the issued share capital of the Company."

Always good when Directors put significant skin in the game, and my average is way lower.

https://polaris.brighterir.com/public/atome/news/rns/story/w03l88w

This was expected in Q42023, is overdue, should drop any day:

"NEXT STEPS (Paraguay | Phase 1 | Villeta Development - Latin America’s largest green ammonia-to-fertiliser facility by 2025

- FEED completion and Environmental Social Impact Assessment (ESIA) in Q4 2023

- Final Investment Decision by Q4 2023

- EPC contractor packages identified and tendered, construction to commence by the end of 2023"

chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://wp-atome-2021.s3.eu-west-2.amazonaws.com/media/2023/09/23-10-11-ATOM-Investor-Presentation-vfin7-1.pdf

If they pay a dividend (I suspect they will) there will be an XD adjustment for sure, but I don't think they'll be valued at cash for much longer. We could see some volativity when the method of the return is announced and leading up to the event, but it will be newsflow over coming months that will drive the SP higher.

This is ridiculously cheap for a fully funded share that will be cash positive very soon, and could announce significant further deals.

This is a very exciting paragraph from Edison:

"Management has said that an order for around 100m sensor units could generate around £20m in revenue, which would equate to deployment across a high-volume handset range, especially if multiple sensors are included in the device. By way of context, the CMOS image sensor market is estimated to be worth $21.2bn growing to $30bn by 2030 (by Yole Research), with applications across almost any market involving image capture mobile devices, automotive, industrial, surveying, security and agriculture."

https://www.edisongroup.com/equity/nanoco-group/

"Nanoco’s current market cap of £61.6m remains broadly similar to the planned £33–40m shareholder return (mechanism to be determined) plus the £20m expected to be retained. This implies the market is assigning almost no value to Nanoco’s commercial opportunities, which have taken a meaningful step forward with last Friday’s announcement, its expanded manufacturing capability and its proven intellectual property in an important domain."

We're at a new 9 months high, and likely to climb further with the return to shareholder announcement in the next 4 weeks and further news re commercial orders, development work packages and possible news/speculation re Apple Vision Pro.

Looking forward to seeing the impact the new non-Execs make this year and next too.

It's been a long time coming. I've personally held this stock to some degree for 7-8 years. At last the commercialisation of QDs in sensors & displays seems to be about to take off. The more products use QDs (particularly high profile products like the Vision Pro), the more if will be trusted and the value demonstrated. Nanoco are the leaders in this field with tested and proven IP following the Samsung litigation. They have cash for 4-5 years, but will be cash positive by 2025 latest.

GLA, this should be a big year, but it's a long term hold for me (unless we're acquired of course).

All of their business will be long term supply deals to hardware/device manufacturers, with predictable revenue. Nanoco could be throwing off cash within 2-3 years, what do people think about them becoming divident paying within that timeframe?

Also...

- Other than Samsung who were accused of partnering with and then stealing Nanoco's methods and knowhow (resulting in the $150m settlement and validation of Nanoco's IP at PTAB), QD adoption in devices has not really started to happen. This appears to now be changing, with actual devices in production using QDs. This should snowball significantly over coming months/years.

- Nanoco recently strengthened it's board with two incredibly experienced advisors with extensive contacts in this space, and experience scaling and selling tech businesses.

- Nanoco are completing build of a device lab, enabling them to actually show and demonstrate the tech to customers, instead of talking theoretically, which will derisk and accelerate adoption.

- And the big one, Nanoco is pretty much valued at cash or less than cash, with no value priced in for the core and fully funded business, in the early stages of a new technology adoption across a very wide range of use cases, including sensing, display, lighting, solar panels, medical devices and more.

Very nice. Nanoco will get increasing amounts of coverage this year, particularly when the retur to shareholders is announced.

For any new investors, the compelling aspects re Nanoco are (please add if I miss anything):

- Won/secured a settlement tfor patent infringement against the giant Samsung, earning Nanoco pre-tax $90m ($15 from a first payment, $75 due next month from a final payment).

- 10-12pps will be returned to shareholders in March 2024, exact method TBC but likely in whole or part a special dividend and/or buyback

- During Samsung litigation, Nanoco has some core patents challenged, tested and upheld at PTAB, confirming validity of patents around Nanoco's volume QD seeding process.

- Nanoco have deep partnerships with 2 global device component/chemical manufacturers partners (one is ST Micro and the other an Asian customer. Both of these have thousands of OEM customers.

- Nanoco's big opportunities are in QD Sensors and display. QD sensors have significant performance and safety benefits, see website presentations for more detail.

- Nanoco are uncovering and engaging with other possible patent infringers, which could result in additional settlements or licence partnerships.

- Nanoco's competition (QD manufacturers) are not profitable and some may have infringed Nanoco's patents. Following Nanoco's patent validation, many will now struggle to raise additional PE funding, one Nanosys were recently sold.

- Nanoco expect to be cash positive from 2025, possibly sooner, so there will be no further dilution.

- It's rumoured (and many announcements coincide/suggest) that Nanoco's QDs are present in sensors in the Apple Vision Pro, whch is a significant because it's a huge validation of their tech and will likely result in a huge scaling revenue stream over time and increases the likelihood of Nanoco's tech getting into future iPhone models, which will be massive.

Did I miss anything?