Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
Anyone any ideas why XAR shares have just fallen off a cliff?
news out today could be the good news you alluded to gixxer. Ocso, you're right in as much as the share price is declining so looks like a shorting opportunity, but I for one won't be shorting Xaar. All it takes is one set of positive results that suprise to the upside (such as DTS printing taking off) and this share will fly. It's a classic boom and bust share and having gone through a mega boom/bust I would suggest (IMHO) that we're at a temporary breathing space before another major boom. That said it may well drift lower - even to 300p - on downbeat news before that happens. As always DYOR
In 10 years' time AGM share price is going to be either zero (business gone bust) or in the hundreds of pounds. It will go bust for a number of reasons (graphene never catching on, AGM's technology not developing a cost-effective production technique, etc), but if it doesn't go bust and graphene becomes part of everyday life then the market for it will be in the trillions of pounds. If AGM can get even a small slice of that pie your £5,000 investment will be worth hundreds of thousands. On the other hand AGM could go bust, in which case you loose it all. So long as you can live with that level of risk then that extra few hundred pounds is going towards developing the technology that will ensure the survival and development of the company. I, like you, have £5,000 invested here and I like the idea that a local (I live in Leeds) company could be part of this massively disruptive technology, but I wouldn't bet the farm on it. Hope that helps.
In 10 years' time AGM share price is going to be either zero (business gone bust) or in the hundreds of pounds. It will go bust for a number of reasons (graphene never catching on, AGM's technology not developing a cost-effective production technique, etc), but if it doesn't go bust and graphene becomes part of everyday life then the market for it will be in the trillions of pounds. If AGM can get even a small slice of that pie your £5,000 investment will be worth hundreds of thousands. On the other hand AGM could go bust, in which case you loose it all. So long as you can live with that level of risk then that extra few hundred pounds is going towards developing the technology that will ensure the survival and development of the company. I, like you, have £5,000 invested here and I like the idea that a local (I live in Leeds) company could be part of this massively disruptive technology, but I wouldn't bet the farm on it. Hope that helps.
Well, here we go - share price down, but another step in the right direction.
I agree £41k seems a bit low, but then the facilities they have are not intended for industrial production but experimental. It'll only be when they start building industrial sized units (see my previous post) that the revenue will really jump. Unfortunately that won't happen until AGM have made some kind of cash call to fund the bigger units and there'll be a few more dummies thrown out of prams at that point I guess.
I'm guessing that would make sense.
Interesting piece of news that seems to have flown below the radar; http://www.laboratorytalk.com/news/amec-foster-inks-graphene-deal/407659.article Amec Foster Wheeler have been appointed preferred engineering partner to advise on developing a commercial-scale plant for AGM. One more step on the road to profitability.
One wonders where they're going to source all this graphene from at the National Graphene Insititute in Manchester? http://news.sky.com/story/1571725/chinese-giant-huawei-backs-wonder-material