Member Info for NGR1616

If I were a betting man, I’d say no orders this year. Just a gut feeling. Doesn’t bother me……yet.

Not what I said at all. I said I would do that unless there was something that delays orders in the supply chain outwith Nanoco’s control. I’m my opinion there is nothing straightforward about adoption of these technologies and I would not be in the least bit surprised if there are unforeseen delays.

Hallelujah good for you Kooba! I always understood the point you were making, just glad you also appear to see the other view.

I’m predicting nothing this year. How’s that!

Kooba BT said they "do not know" what the size of the orders will be or for what devices. If the first order is for a handset then it's fantastic news but for prudent accounting the forward guidance is for a low volume application.

You stated yesterday "they anticipate that initial order will not be for a mass market product" which is not accurate or aligned with what BT said.

That's all I'm saying.

Don’t know

Wow good guess. Muppet.

I have a job and a business thanks.

It was discussed last week the fact that the accounts assume a modest order, but that's not based on actual expectations and it could be for "a headset in the 2 million range or for use in Autonomous vehicles in the 10's of millions rage or consumer devices or handhelds in the 100's million range" (as per the link you supplied)

You stated on 19th June 17:26 "they anticipate that initial order will not be for a mass market product"

You are incorrect in that statement and that's literally all I and others have been trying to say. You don't know because the board doesn't even know so for all our sakes give it a rest ok!

They assume low volume for accounting purposes but say they have no idea what it might be for, perhaps a mass market product ["handhelds"]

You said "they are not anticipating a mass market product"

Not the same.

Stupidly bad at typing on my phone? -yes…

Stupid like Kooba? - no.

Haha unfortunate typo that 🫣

It’s impossible to argue with you Kooba because you’re too stupid to realise you’re stupidity.

You said one thing contrary to what BT actually said in the very clip you provided a link to yet you are unable to understand it. Nanoco don’t know the size of the initial order so prudently assume it to be low case…..but it could actually be more. BT mentioned consumer AV’s, consumer devices or handsets.

At no point does he say (as you claim) that they are not anticipating “a mass market product”

It’s assumed by sound accounting practices to be a few million I think would be more accurate.

On the correct thread...

I didn't say it meant mass market so stop putting words into my mouth.

You on the other hand said "they anticipate that initial order will not be for a mass market product" when in fact BT said in effect they simply don't know what size the order might be but [prudently] assume the low case.

Give it up you are making a fool of yourself.

I’ve mentioned prudence several times today in relation to accounting practices …..

https://gocardless.com/guides/posts/what-is-the-prudence-concept-in-accounting/

For clarity what kicked this off is you posting "they anticipate that initial order will not be for a mass market product" when clearly they said no such thing.

BT replied "simple answer is we know what our product is, we DO NOT KNOW what the customers product is. The reason for that is we know our customer is exploring and active in a whole host of markets all using CMOS sensors today and it's really about those end customers (inference is Apple) who keep that information relatively tight to their chest. They don't want the tail wagging the dog i.e. the notion that Nanoco is going to announce that some global OEM is about to launch a product.....ain't going to happen. we dont know what the actual product is going to be and that's why we've said it could be a headset - a couple of million units; automotive 10's of million units; mobile handset youre into hundreds of millions but our assumption *****in the premimanary accounts**** is that it is a low volume case ie a few million pounds worth per year for that first order but if it ends up being bigger we will inform people its a bigger order"

If you are not intelligent enough to understand and concede this despite it being pointed out to you several times then there's really nothing I can do to help you further. Good luck with your investments because you'll need it.

I'll try to post this again but looks like LSE may have a bug....

Question was "more or less assuming we should see visibility of a commercial order in H1 FY23 by Jan 31st and production H2 CY23 I'm assuming you know what the product is and what the size of the order is....can you give us an idea what kind of revenue

I've typed the relevant parts in CAPITALS to help you Kooba.

Question was "more or less assuming we should see visibility of a commercial order in H1 FY23 by Jan 31st and production H2 CY23 I'm assuming you know what the product is and what the size of the order is....can you give us an idea what kind of revenue

I've typed the relevant parts in CAPITALS to help you Kooba.

Question was "more or less assuming we should see visibility of a commercial order in H1 FY23 by Jan 31st and production H2 CY23 I'm assuming you know what the product is and what the size of the order is....can you give us an idea what kind of revenue