Member Info for Tornadotony

On a voluntary delisting the shareholder still owns the equity in the company. If it moved to AIX the company would organise a mechanism for UK stock holders to sell if they wanted with their instructions as to where the money is paid into. It would take time to process , but it should be straight forward.

Hawi absolutely right and so now I see where the higher figures emerge. Time to buy more Nanoco shares.

Barbon you are correct got in mess looking at lower TV prices. So I could be a factor of 4 out. However Dolby example gives my figures if it was $3 per TV.

https://www.avforums.com/threads/dolby-vision-royalty-costs-2-3-per-tv.2050818/

Dolbly gets $2 to $3 per TV.

doubtful not doubt in previous

The original lawsuit against Samsung involved QLED TVs. 9.43M were sold last year. Back in 2020 7.79M were sold and presumably the numbers were lower in 2018 and 2019. So at least 32M TVs were sold with the disputed technology and the quality of display is a fundamental feature that drove higher year on sales.

So just $1 equates to historical lost income of $32M plus this year alone of another $10M. For one off deal lets add another $10M for all of future years. $1 per TV does seem to low and I suspect the base low is $3, medium is $6 and high case is $9. This gives us $154M,$308M, $462M or £125M, £250M and £375M. Legals and loans then come off those figures. I am not sure if tax would be a factor on Nanoco on those totals. These figures are just trying to use some of the relevant actual TVs sold that breach Nanoco patents.

The real argument is whether some other company could have invented a product that circumvents away around Nanoco patents and I am doubt if that argument exists or was already dismissed. What kind of royalty rate is offered on a TV component of critical importance. The percentage is on the total product and the lowest has to be say 2% and so a $600 QLED TV is equal to $3 and some QLEDs are far more expensive TVs and some may be lower. I still fell it is in the right ball park. We cant not be sure how much the legal costs are and all we may know is that an agreement at term sheet equates to 50% of the cost anticipated to that a case that had gone to trial.

At 37.09.

PJT he was looking at my calculations from before which gave figures for £40M, £80M and £120M after legal costs and what goes on the balance sheet and I came up with I think 24p, 38p and 52p if those figures arose. It was based on enterprise value future PE rates and so forth. So FH is right we are priced at around that figure at this time imop. However, it does not allow for volatility around any news and how long it will resettle back to that level. Handing out a dividend will tank the share price as the board has to show transformational value and not just divert it to their own benefit and renumeration. What they say in the RNS on the future is very important.

It was at a peak. It will form a higher low and work from there. The report itself was as expected.

I suspect Shanta has buy orders on the book. Whatever gold does in the coming weeks, Shanta is on its own path and a lot of investors may get interested in the company. I believe we are in a new trading range and it is now above 10.5p.

FH there is no volume trading in Nanoco. You are wasting your time with the commentary. The share price is looking flat for the rest of the week.

I would say it was a sell but someone the other side of the coin was a buyer and the market liked seeing the confidence of that volume picked up at 10.5p. Market maker has no shares and the buyer wants more is my read.

China rare earth imports were up 163% in 2022 and they apparently need a lot more rare earths in 2023. It was reported last night. Rare earth prices in China are not available as they are holidays this week, but my guess is that the price is going up fast. The market is starting to realise that rare earth final product needs are accelerating. Rainbow to go back to 15p hopefully.

Investors are still flying blind on AAZ. I only have a modest position that is 1/3 of previous holds because of no clear strategy of where they are going and when and what production is likely to be over a 3 year period. Azerbaijan is a volatile place to invest in and a strategy that is well thought through with a clear investment story line would certainly take AAZ higher. Otherwise it is a bit of a lottery ticket holding. Until the company does the big reveal the liquidity and interest in AAZ is likely to be small investment punts like 2.5% of a portfolio.

RNS took out the resistance this morning.

Released with no costings.

It is the accounting of costs and revenue in those reports that are needed. The company should include some idea of exploration expenditure they have also done. The reason they are not present now is that somebody has to do all the accounting and failed and its not the CEO. The person assigned to the annual financial report was two months late in 2022 (and again it was not the job of the CEO). They are now late on the quarterly financial elements. Just having production ounces is useless. If a fellow Board member can not do the accounts for which they are responsible would explain why the Chairman got fed up and left as his demands for accountability got ignored and is aware of the future risk of a Compulsory Strike Off if it keeps happening. Any funder coming in would also be deeply unhappy with the lack of competence in that area. If this individual got sacked or resigned and was immediately replaced it would be good news as hopefully competency would be restored and you would then get the reports that you are all hoping for.

It may be a third or so of the total, but it still reduces Shanta volatility compared to other gold miners which are not moving around that much anyway. It explains why gold has to move quite a bit to get Shanta price moving.

Shanta is now delivering hedged ounces of gold of which half is in a collar at 1900 and below and the other is fixed at 1730. It should therefore not be rising to the extent of other gold miners on higher gold prices and neither should it fall that much either In theory it should be like this until end of February with resources and reserve reports in WK being the only major driver.

Hawi and others,

As I have said flyboy, giga and the other crew members in the London based boiler room are contributing towards one very simple goal and that is to drive the share price down. For all you guys may know, Giga for example could be an 18 year old face full of acne and is still a virgin, but I suspect that comment may be a stretch.

The truth is the pay out when it comes will fall in a particular range. The company added balance with the second RNS. So a guess at the ceiling price exists. The inflation in the UK has been 24% since March 2021. That is broadly around 47p a share and any result near that has delivered inflation protection with those invested on 38p total buy in costs. Anything above that builds up other returns on cash being made elsewhere. We do not know where the floor is, but pre- litigation the share was 17p and we got a bounce off a 32p recent low on recent news. Hopefully, the chart this month is telling us something. All the best Tony