Member Info for LordWM

I'm now hoping for some quick fire newsflow:

- First commercial order confirmed - This month ideallt

- Appointment of non-exec with sector experience & contacts to drive commercialisation opportunities, and hopefully with their influence build up marketing, Biz Dev and communications (trade and investor). On the comms front, it's cheap to do and very effective - produce videos, regular updates and commentry, attendance at events and trade shows, keynote speaker spots, etc.

- Confirmation of method & amount of return to shareholders - end of Jan /early Feb (return in March).

On the wish list:

- Further work package collaboration announcements, adding to FY24 revenue

- Announcements of licence agreements with infringers

‘The JDA helps to underpin the Board's expectations for non-license fee income in FY24, which are in line with FY23 and is also expected to deliver additional sales of test materials during FY24 and FY25.‘

Non licence revenue in FY23 was £2.7m, so we’re in line with that, but they expect ‘additional sales of test materials during FY24’ plus the must anticipated and imminent first commercial order which will likely add £0.5 to £1m annually. So the FY 24 revenue should be approx £3.5m as a minimum, likely more.

Cash in bank after return to shareholders will be £20m, and cash burn is £6m, so we have cash for approx 8 years. This is all about large orders and mass adoption, which all independent analysis indicates is a given, from 2025 onwards.

Nanoco (by end March) will have:

- no debt

- cash for 8 years

- likely to be cash positive from 2025

- proven and defendable IP

- a platform technology with many fast approaching applications

- large scale production in place

- credibility as a stable, funded, high quality supplier of unique products

- likely income from licence agreements with other infringers.

- plus this work package IMO increases the chance of an upper end return of 12pps in March

- inbound non-exec to help commercialise quickly

I’ve said before I think that they were sloppy re guidance on the settlement, but I think they’re trustworthy and are in a great position to scale over 3 years. I expect the SP to be many multiples of today by end of 2025.

You can pick these up for effectively a single digit price when considering the guaranteed return in March.

@Feeks ‘ In the end I sold out on a bad one as I see no reason to hold.’

But still here, trying to get the price down? Curious.

People are paying over 18p again - small steps at the moment until the order is announced (any time), and then details of the return to shareholders in the New Year.

Good luck all, this is just the start of the climb. I hope we all look back on the current SP as the bottom, as it's effectively single digit when you consider the guaranteed return to shareholders of 10-12p in March.

Exciting times coming.

These guys are great at investor comms which will help the SP as milestone progress newsflow comes in.

I guess the big significant announcement we should have before Christmas is financing and offtake agreement for Paraguay, which will show the full project economics.

Exciting times! I'm trying to add small amounts on dips.

Actually it is an elevated shot, so prob the building behind.

Surely he’s in a meeting room in the Plaza, overlooking the park. If so a company without an office there, or they wanted to meet discreetly.

I'm pretty sure BT has removed himself from Linkedin, certain he was on there before. Curious...

@Kooba - how do you know he's in the US?

With news imminent and the rocket fuel being loaded, It does feel a bit like Christmas eve.

I just hope Santa leaves a load of cash in my stocking ths time, and not another turd like last Christmas.

If there were no order news before March (unlikely), if they retuned 10-12p in March and the price dropped by a similar amount, they'd be valued at 50% of cash, with nothing for the underlying business = won't happen.

These guys own the process for manufacturing CFQDs at scale, and we're entering the time of the QD.

Buckle up everyone, the train's about to leave (another cheesy metaphor)

Is this liftoff?

Glad I've mopped some up under 17p to average down, suspect our sub 20 days will be long gone soon.

(gutted there isn't a rocket ship emoji I can use).

Well I like stuff like this, feels like something exciting is about to happen…

@Idontmessabout - on the method of return, I'd be happy to trust the BOD on this. I'd be surprised if there wasn't at least some dividend (suspect Nigel Pickett would argue for a healthy dividend after all these years), but if (with their knowledge of negotiations & pipeline) they felt the SP was undervalued and that shareholders would benefit more from a buy back, I'd be OK with that.

There is the angle that the BOD may be selfishly motivated to raise the SP for personal options targets, but the SP would quickly drift back if there wasn't material progress on orders, revenue and profit, so think this is unlikely unless they were super confident about the short term news flow.

This is a low profile minnow stock without much liquidity. Intitutional investors can't get enough volume to be worth buying even if they were interested, and some private investors lack trust in the leadership team because they feel misled about the Samsung settlement.

My personal view is that the BOD weren't clear with their comms, but it wasn't malicious. I certainly don't think they're not trustworthy and I believe they're working hard for all shareholders/I trust what they're saying.

As to why PIs aren't buying, I'd guess that any PIs that know about this stock are fully invested and may be adding small amounts as it's dropped (I certainly have).

I've posted before about the investment case, won't repeat that.

DYOR

Which is as low as it's evern been (prev low was 6.5p in March 2020), but now they're negotiating their first commercial order (first of many), zero debt, cash for many years and vaidated IP, while their competitors are burning cash in an environment where it's difficult to raise.

Loving the SP, where you can buy for 15.69p giving 64.8% - 78.6% return in March, effectively buying the company for 3.7p - 5.7p per share - I'll take that all day (I just did)!

That was awesome, I managed to buy sub 16p this pm. Keep up the good work guys!

HH, here we go again, over and over again, like a broken record:

‘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.‘

And the purpose of these words is to encourage everyone to sell? If you’re not invested then please move along. If you are invested then you want the value of that investment to go down? Presumably so you can selfishly average down?

I was excited by the presentation and bought more. The SP won’t go below the return to investor price, giving a risk free investment, if that’s what you’re after.

If you want to average down I suggest doing it quickly, not much time.

Come on HH, you must be a little excited? Don't you get a feeling we're on the cusp of something here? Big divident, deal/s imminent. When on deal drops this should get a lot of eyes on it.

I suspect we'll all be happy in the end.

@Troublesome, I hope the mop isn't required, I'll certainly be crying if this doesn't work out!