Member Info for ShearClass

That's a very glass half empty view WG213...

Funnily enough I just checked the METAVERSE RNS released on 22/06/2021 that announced the OASIS (Link) launch this year and it says;

"VRE is focused on becoming a leading global provider of virtual communications solutions through ENGAGE and its three solutions: Virtual Campus, Virtual Office, and Virtual Events. ENGAGE recently announced it had reached the milestone of 100 customers in just two years. ENGAGE Oasis will be offered as an additional service to clients when it is released next year. ENAGE clients include Abbott Laboratories, Facebook, KPMG, MongoDB, and the US State Department."

So we can be 99.99% sure yesterday's KPMG launch is using ENGAGE.

Re. revenues, it's not a trading update so why would they discuss financial performance? Last year's TU was on 28th July and was in line - if things weren't in line at present then they would have to update the market IMO.

So no there isn't only one positive, it's all positive - launch partners confirmed, more new customers, launch date a few weeks away & we know that major global corporates are already using ENGAGE. Further, the ambition is enormous considering we are currently a £36m market cap...

"With ENGAGE Link, we are building a completely distributive economic environment for forward-thinking enterprises and individuals to build the future of work, commerce and communications."

Evening oldtramp, top research again! I agree that it’s almost certainly ENGAGE. From the fonts used, hairstyles & whiteboard with post it notes, there are too many similarities for it not to be.

I also note that David Whelan was the second ‘expert’ in this KPMG white paper on extended reality;

https://assets.kpmg/content/dam/kpmg/au/pdf/2022/future-of-XR-white-paper.pdf

It’s hugely exciting that we appear to have got a client like KPMG fully on board, you’re talking 236,000 employees worldwide, 40,000 in the US alone. Huge numbers.

I suspect stealth mode will continue for a while longer but sooner or later the share price is going to take off.

Change in holdings since his last notification on 19th May is 5,897,136 - suspect they were sold in the closing uncrossing auction on Friday evening that knocked the price back to 36p...

Also cracks me up that this is RNS'd at 10.45am, what's wrong with a 7am release? Filthy.

Ouch, that's not going to do the share price any good...

It's safe to say that the weather is likely to cause you more problems when you are trying to expand a mine without a PFS! I take it that those posting here don't think that's an issue, however anyone with even an ounce of mining knowledge will be staying well away.

As a reminder, this is from the 'competent persons report' section of the admission doc (P72);

"The Strategic Plan assumes significant increases in production from 2022 with the proposed peak production of 81,000 tpa flake graphite achieved within 2024. Commissioning further technical assessments including completion of multi-disciplinary pre-feasibility studies (‘‘PFS’’) to demonstrate the technical feasibility and economic viability of the expansion programmes in Sahamamy and Vatomina is crucial."

I think the metaversities roll out was a long time in the making, the fact ENGAGE already had a programme up and running at Stanford must have played a major part, a positive reference from Oxford couldn't have hurt either!

All being well you could imagine the initial 10 universities becoming 50 in a couple of years time and 200 a few years after that (there are 4000+ uni's and colleges in the US so this wouldn't be hard to achieve), the network effect may mean it happens faster than this. Add in major corporates building their own metaworlds and you have quite the potential combo as you say...

BTW, have you read the fincapp research note released on 8th March? It was notable for the price target they came to (80p) but also for the fact that this came from a blend of different scenarios. The most bullish of these (given a 5% chance) had revenues at €650m by 2027 with an equity value at £2.7b, which would equate to over £9 a share based on current issued capital... the synopsis was the following;

"ENGAGE capitalises on network effects, is a leader in the strong growth in enterprise extended reality, and benefits from revenue streams that are substantially broader than communications."

First time I'd ever seen near 100x potential disclosed in a research note.

Boom! The EXR business development team are doing a great job, HSBC, LSEG and the NHS using ENGAGE and posting on Linkedin in the last week alone, no better marketing tool than positive word of mouth :)

What use would a MBO be if they can't raise capital?! Comical. This will be a good buy if they can raise a material amount of capital, until then it's uninvestable IMO.

"I really think the wise investor should decide what they're willing to invest now then go away and come back in October or when there's news."

@NIGWITTY, why not follow your own advice and stay away from this board until October if it annoys you so much?

I suspect you used to own a large amount of shares here but sold the vast majority at a much lower level and are now bitter about how you'll miss out on in the event of a $500m+ win for NANO. It's so obvious when reading your posts, you don't hate the company but you'd hate it to do really well...

Broken major long term support at 91p, I suspect this is heading for the low 70's without news which would match the bottom from late Feb...

Wow, definitely the worse presentation I've seen from a listed company, the CMD should be a right laugh.

It's only undervalued in the opinion of one man. If it's such great value then at least let bidders look at the books and decide for themselves. They would either buy shares on the open market or come back with a higher bid. To refuse to open the books to a bid that came in at a 50% premium to the closing share price at the time makes it look like you have something to hide IMO.

Re. Price movement, it’s simple to me.

Increasing price = FOMO (greed)

Decreasing price = somethings wrong (fear)

Reality = nothing has changed in the last two weeks.

Added another 10k today, next point to add is 33 which was the bottom of the retrace on the PTAB RNS.

Beyond that there is a gap to 27p caused by the PTAB news which would be the lowest I can conceivably see this going during the summer lull. Come September this will be buzzing and I suspect we’ll be over 50p pre trial.

Brilliant re. the NHS. Agree that they could step up the newsflow at any time, however they clearly aren’t worried about the share price at present and appear to be focusing everything on a ‘build it and they will come’ strategy…

Wow, just read a genuinely fantastic article from 1st June about the Metaversities project & the future of eduction, lots of Engage mentions. Would highly encourage anyone to spend 10 minutes reading it.

www.edsurge.com/amp/news/2022-06-01-with-money-from-facebook-10-colleges-turn-their-campuses-into-metaversities

Nice press coverage;

https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/charliefink/2022/06/16/this-week-in-xr-blippar-partners-with-microsoft-teams-tik-tok-to-battle-meta-in-vr/amp/

“ENGAGE Reveals First Look at ‘Link’ Metaverse Platform for Enterprise & Education.

The XR training and education platform announced last year it was building what it now calls “Link,” described when announced last year as “the Linkedin of VR.” There are virtual worlds you can live and socialize in, and ones optimized for business and learning. There are creative tools to encourage users to build places themselves. Users can even have their own apartment in a highrise, with views of distant cities on floating mountains, and branded drones flying by. This week EngageXR has been giving clients and select members of the press a look at their new 3D virtual worlds, which can be accessed with VR headsets or PCs. I was cautioned that everything is under construction, including their construction simulation. That particular sim is a digital twin of a physical location, which feeds real-time data into the model. Engage Link will launch sometime this fall.”

Very interesting share price movement - uncrossed at 36.2p for 6.2m shares which is huge for NANO. At one stage the UT price fell as low as 30p and there are still 5m worth of buy orders sat on the book ranging from 28-33p.

I suspect it's LOAM de-risking further but who knows, either way they could present a great opportunity to add below placing price if this continues. It makes sense for Lombard to reduce post placing as they are by far and away the largest shareholder and shares are 75% up YTD (in stark contrast to some of their other holdings I would imagine!).

It'll go lower JonHarris, the biggest issue with ASC is it's like of innovation, they haven't done anything different for years. £20-60m profit with a £900m enterprise value isn't exactly great risk / reward in my eyes. CAPEX is also high and the competitive environment is awful. It's the definition of a value trap in my opinion.

No worries! Wouldn't have spotted the launch video if you hadn't posted it. I added another 100k at 10p, crazy that you can buy at the 2018 IPO price (and with an 80p price target broker note in the market too).