RE: Initial thought on RNS25 Feb 2020 18:29
Hi all.
Fartherelmer, very good post.
Ok.
1 - BIGT was due around AGM in September ? This was to be 15% BUT it was clearly stated at the time the money would be required to stay in China. This was what Neill was telling us. I naturally assumed the Shanghai-London Exchange being created was the perfect way for BIGT to directly invest in vrs via buying shares from London and retaining the holding? Now it appears after talks that BIGT & CIGIU do not want the risk ? Or they have been told by Gov to pass on each deal to the relivent NOC ?
Anyway, it looks like making each deal be it aero, construction, garments a very drawn out process if vrs have to do each seperate deal AND to within the 15% margin ?
Am I reading that right ?
NOTHING about any US movement nor interest , so whats going on with the testing results of the O&G ? Not even mentioned as fatherelmer rightly picked up on.
Its easy to try and say everything is fine, I will dig my self a new one for doing so, I am gutted that many projects almost seem to have stalled ? Why would I say that ? Well Mr Abbott had a contact which was looking at 1 month testing , 2 months proto and production of a small item within 3-4 months. It should have been in production if true by August September ?
I directly contacted the CEO for a request for the total amount of graphene supplied. This is basic and as it would include all test batches should not brwak any NDA's BUT is of direct importance to shareholders. No number was given but not a positive answer either ie ask it another time ?
Well what about the last year ? I was hoping to see something show up in December but no.
Another factor is the 5 projects they are focusing on. Batteries / supercapacitors was definately not one and nor was it going to be near term 12 monrhs ago from the horses mouth.
Now the last month all of a sudden Gnanomat are being dragged out as our shining star ! Seriously ??? Posters on here can see my history and how I have been pretty consitant by posting threads specific to Gnanomat. I love them, but as I say was told from thd top to forget them as they were NOT one of the 5.
Things change. I get it. I feel the last two rns have been quite damning but seem to be needed in an official capacity to clear the air.
My real grumble , which I have no idea why they felt they had to say, it was about future communications.
They felt the need to clearly tell us what we already know, they cannot tell us any developments until they report quarterly or 6 monthly or if a new contract can be announced and is of material fact.
What a load of old cobblers and tbh I am one that can be accused of over stating this company, but from a position where I was assured. A once positive supporter.
However, this rns has changed my opinion and reminded me of a previous loss after having dinner with a CFO said it would be ok if I invested more pension money.
Two weeks later the main licence from the Chinese Gov owned NOC was removed.
Sign In
Follow the stocks
