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BTB go for it. Then stop posting! Cheers

Imagine you've never heard of Nanoco....

1. You hear they won a court case and are getting a settlement. No one not already invested can or will benefit BUT it does draw your attention to a potential revenue stream developing
OR
2. you hear they won a commercial contract and are going into production and could be making £15-£20m revenue per annum from the start......a chance to invest beckons including II's AND on researching your new or potential investment you realise there's a court case looking likely to have a favourable outcome....

I prefer option 2

"The exciting thing about the next few months is that if we do get good news, it’s very difficult to say precisely where we will end up. I suspect the money that’s been flowing in recently doesn’t quite take as long a term view as we do, but the upside potential is as obvious as the day is long."

Different money moves in different phases. At the moment many II's rules won't allow them anywhere near Nano. But (and this is why I favour the commercialisation first option) if STM or whoever it is means Nanoco starts making money a whole new type of investor will become interested. If the production figures are good that money will far outweigh anything us mortal PI's can muster. £15-20m p/a will bring serious investment. More contracts and this could snowball.

Thanks nanon

directors talk interviews

***************************

https://www.***************************/nanoco-fourth-work-package-from-a-major-european-customer-analyst-interview/4121058231

Better that, than being handed your hat!

People are taking their seats for the start of the biggest game in town.......

IMO HUR will go private.

This is the ambiguity I spoke of again though bonzo....the RNS simply stated that FY2022 would beat FY2021 so unless Nanoco guided Edison otherwise then all Edison could realistically state is exactly what they have otherwise they'd be going off track. That's the way it works and anything else is speculation (like the drivel I'm writing just now)

My point is the research note isn't Edison's speculation but Nanoco's provided narrative and the narrative stopped short of saying anything about the revenue being significant. I'm saying it could be.

Reading the RNS and the research note again it's clear that although it's easy to conclude that the new package is only worth a couple of hundred £k I suspect its value will be higher.

the RNS states Nanoco has "signed a further agreement with its important European electronics customer (the "Customer") for the delivery of an enhanced and scaled up version of its technology." They key words here being "SCALED UP"

As with most RNS's they can often be written and read ambiguously. What does "scaled up" infer? Double the last package? 10x, 100x 10000x?? We don't know but the Edison note suggests it's significant.

Edison is a proxy voice piece for Nanoco. Edison is describing a scenario where "Deployment by a major mobile
phone company in a key handset model could potentially generate c £15–20m
annual revenues working a single five-day shift, while deployment in a more niche
application, such as virtual reality (VR) glasses, would generate lower revenues,
but is likely to catalyse take-up by other customers"

As I said, all of this is quite ambiguous. The application may be VR or it may be Mobile phones or it could be something else but Edison wrote this I suspect with guidance. It may not be that we can expect the c £15-20m this year at all (and it might never arrive) but whatever is happening the narrative has developed and the expectations of commercialisation are the strongest they have ever been in my opinion and it seems Edisons.

And this is all outside of Samsung where Edison believes much of Nanoco's value lies.

Exciting times.

The news hasn’t picked up yet on how I plan to spend my retirement cutting public grass areas for free to make up for cuts in public services on my ride on lawnmower I haven’t bought yet once I retire but they will once I do it wearing my bubba gump baseball cap!

Any offer would need to reflect that ‘going concern’ potential of which only those parties doing the current commercial negotiations would be aware of the value which could be anything from £10m to £100m p/à or more in future. One thing is for sure, the next 2months to 2 years will be very exciting and I’ll either also retire at 55 myself or have to keep working, probably with a second job to make up the deficit ;-)

Until the court case is fully settled, including any appeals process, I think Nanoco would have legal recourse to rebuff any approaches from the defendant if made through normal channels. But if an offer for the company is made to settle during proceedings; that is so substantial that it merits consideration, then Nanoco may well settle. I hope not as I agree with the previous points and also agree in relation to a GB/UK industry leading opportunity.....how nice would it be to have that on our own shores and develop it rather than sell it to the highest bidder as we always seem to do.

surprised there's no mention of ongoing licence arrangements. But other than that it sounds very positive, if measured as it should be.

That's not how I read it.

The RNS states "As a result of the additional agreement, the Board now expects revenue in FY22 (the financial year ending 31 July 2022) to exceed the £2.1m of revenue generated in FY21. The revenue from this fourth work package with the Customer will contribute to the Group's performance in the third quarter of FY22." It makes no reference to Edison nor does it specify how much the exceedance will be. You may be right though.

Yeah that must be it BtB. Or maybe the market hasn’t been made aware of Nanoco yet. News sometime takes time to percolate. There will be broker updates, research notes and a wider spread of news following this. I didn’t expect a sudden surge this morning, just a slow rise to build.

Baznik I agree. If I were to pick an order for events to materialise (pardon the pun) I would prefer the company had a sound balance sheet, production and revenue in place THEN the Samsung decision rather than the other way around. The former makes the company viable in investors eyes and Samsung will bring the herd.

BtB you don't know that. Stop speaking as if you know what's going to happen.
The RNS mentions no sums of money only that the revenue will exceed the £2.1m of revenue generated in FY21. THat could be by 1p or by £10m for all we know.