Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Hi Foolish. No company mutiplys its production facility 6 fold all at once without good reason.
VRS are going from half a tonnne per ann to 3 tonne per ann with the new machinery within an 18 month period.
Best you can do along with many others is read the Annual Report; most posters cannot be bothered. Also watch the video I stated earlier. ATB
I have said it before on here several times; but; here goes once more.
Disruptive Technology does not rise in a typical "C" curve; it rises in an "S" curve
Check out Tony Seba Disruptive Tech on You Tube and you will all understand.
Back to the subject of Disruptive Technology posted on here in the recent past; that when change starts to happen, it does not rise at a steady rate it catapults into mass change quickly. This MOU is with a company that can and will make changes in society rapidly.
I do not think anyone should be bravado about where the SP may be in any time frame.
However, the fundamentals appear to be in place.
if you agree or otherwise then that is all you can base your strategy upon.
I would not wish to be out of this when the next RNS lands or even the one after; that is my choice.
My choice is built upon meeting several of the Directors and others I have met who are working closely with the company.
This was on NR Twitter feed a couple of days ago:-
https://www.sciencedirect.com/science/article/pii/S1359835X18303026 … great paper showing collaboration with @UoMGraphene @renishawplc @2DTECH @versarien
I feel VRS and the market overall being as sound as any can be in turbulent times. VRS market is totally international and spcifically leaning towrads the Far East where the emerging markets are and also USA base is strong. VRS are possibly one of those companys that has one of the widest market bases possible. Batteries for instance are not peculiar to the EU are they?
Just an point of veiw and opinion, feel free to shoot me down.
Bit of an update for those who may have forgotten, or never knew.
When NR went to China one company expressed an interest; that interest is now 30 Chinese companies.
A factory has been built in China for VRS to move into, pictures were shared on Twitter of the said building.
Vrs are increasing production of graphene from half a tonne this year to 3 tonnes over the next 15 months due to interest.
That has required the purchase and investment of more equipment which has been ordered and will of course need to be paid for from the coffers.
One very important additional factor has been the provision and documentation of the ISO standards to ensure that VRS will in fact be able to produce and supply to an agreed international grade. VRS have been at the forefront of defining and producing to these standards.
One final point; for those that can bother; it is worth reading the last yearly report of the company which can be found on their website.
Enlightening.
Well, if you heard it yet you will be somehow convinced you are in the right place if invested.
If you have not heard it, what are you waiting for?
I know NR does NOT like talk of rockets on his Twitter feed, but surely we will be talking rockets on here fairly soon?