Member Info for minami1

I shall make observations as and when I see fit, thank you. My reasoning on this share is well-documented and I have long since pointed out that despite it being very high risk, the company has a wide range of cutting-edge products in its locker which, if and when adopted by the wider market, could significantly turn its fortunes around, although, understandably, due to its disastrous SP history, many remain unconvinced. Not for the faint-hearted, I agree, but that's what the stock market is all about - seeing opportunity where/when others don't. You go have a nice day, won't you!

Eager buyers picking up where they left off yesterday, by all accounts.

SP has held up surprisingly well, despite this placing, with buys significantly outweighing sells, so some still see value here.

Assuming the Strategic Investor is still in the game, could it be one of those accumulating a hefty chunk at these lower levels

before formally stating its involvement/support with a view to a Takeover?

Likewise, Dr Jan. Not quite sure why the company is taking this announcement right to the wire, but the recent resilience of the SP suggests a certain confidence that the strategic investor will emerge. An exciting week ahead!

You mean you created yet another account to try to give yourself some credibility - you VRS detractors are genuinely getting spooked now, as the smart money (still a punt in the eyes of many, I know) is on the turnaround strategy finally coming to some tangible fruition next week with the expected unfolding of the strategic investor. This may or may not come to pass, but as Dr Jan has repeated many times, if you have done your research, you should know which is the best side of the fence to be sitting on.

Seems someone's trying really hard to pull the price down and panic holders into selling first thing tomorrow, based on that string of 16:35 trades - desperate stuff and looks like a growing number perceive that this long old and much maligned advanced materials worm is finally about to turn. A steak or a mansion (?), that's a good question - somewhere in between would be nice!

Has the quiet accumulator gone more aggressive, or are other wily wolves joining the pack pre-results?

Proof of another canny investor quietly accumulating at these low levels. Added a few more myself, though not quite at the level of having to declare just yet!

Agreed, Jdbuya, on all fronts and I point you, for further clarity, in the direction of my carefully chosen word 'relatively'!

Interesting weeks ahead and definitely make or break re the potential strategic investor.

Several relatively hefty buys gone in here today... has someone heard a (concrete!) whisper about the (imminent!) new external financiers?

Very surprised by this drop, so have capitalised on the attractive entry point, as am sure this stock will ride out the current stock market turbulence far better than many other FTSE 100 shares. Strong business fundamentals which should propel it back up to £4 a share in the medium term imo.

Long since factored in Searsy, among other potential negative scenarios, hence why, as per last post, I still consider this to be very much a punt and agree with some others that you should only put in what you can afford to lose. That said, in my view, the turnaround strategy seems to be on course and the risk-reward prospect for this investment suits my appetite, though it's obviously a judgement call for everyone according to their personal circumstances.

As long as the Koreans pay up according to plan this month (as per last default RNS), I don't think Versarien need to inform the market, though I'm happy to be corrected. I have also topped up today, as I consider this stock to be way undervalued and see this as an excellent buying opportunity to reduce my average. That said, make no mistake about it, this is still a punt and not one to bet the family house on, but in my view, factoring in the company's IP alone, the odds of the sp improving quite significantly from this low level are fairly good. Bon weekend all!

Very good news, indeed, Jdubya! VRS must have put forward a credible plan/time-scale towards increasingly improved finances and potential profitability, which should give us all grounds for renewed optimism. Just need an RNS confirming that the Koreans have paid up their 100k by close of play tomorrow (or perhaps no RNS informing of further default), then we can head into March with a bit more spring in our step!

Looking lively here today with an eager investor or two building a stake. Pity that some equally eager/tired(?) investors are

off-loading into the rise, so it'll be interesting to see whether we're any further forward by close of play.

DrJanOliver, I agree with your overall positive forward-looking view of Versarien, thus have doubled my holding over the last week. That said, I believe that Jdubya's Total Carbide sale estimate is a tad more realistic in the current economic climate, in fact, I anticipate it being closer to the £1 mill level and in staggered payments similar to the AAC Cyroma deal, which imo would be somewhat acceptable since it would significantly reduce payroll costs and produce a steady income stream to help meet ongoing expenses. All eyes on the Koreans to pay up at the end of the month, with hopefully fresh contractual news on the 3DCP building front.

Every dog has its day, shrimp! Versarien has spent all the time I've been invested (close to a decade) researching, testing trialling, entering into collaborations, networking and establishing its name as a serious, informed player in the graphene market, all the more so now that Dr Hodge is at the helm. Unfortunately, frustrating as it has been for us lths, the company has actually sold little or nothing, the balance sheets have spoken for themselves, the sp is, consequently, on its knees and many have, sadly, lost a fortune.

However, there is, imo, a new feel to things now as the turnaround strategy starts to reap its rewards - yes, we've just had another placing, but it was marginally higher than the previous one, which is somewhat encouraging and suggests that the green shoots are finally forming and that there is better news ahead. One of the mature businesses is sold, producing an, albeit slow, income stream, the other is in talks and the Koreans are due to pay up their final tranche of 100k including that welcome 10% interest for payment default.

These new advanced materials take time to convince and embed, but, as others have said, the sustainability climate seems right for this to take off. As others have pointed out, this company seems way undervalued when you bear in mind the IP, 2025 cutting-edge product relevance, government contacts, readily forthcoming funding - as evidenced by the recent Gnanomat receipts - and the plethora of products it can offer on a multi-industry basis.

Am once again optimistic here and looking forward to a much improved 2025!

Couldn't agree more. Have added to my holding today.

Agreed pedro61. Moreover, with IO11 up and running by late Summer, yearly production will be on course for around 1000MT, which, as well as yielding strong monetary returns at $70+ per Kg, will make Iofina a very attractive takeover target.

No end-of-year RNS suggests to me that IOF are on-target to at least hit their Q4 lower production estimate of 191MT = 355MT (H2). That would give a total of 631MT for 2024, which would, I think, be an annual record. Long overdue in my book bearing in mind the new plants that have gone in, but with the current high iodine prices, such results should be very well received by the market and augur well for 2025/26. The company just needs to get a move on popping that next plant in!