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Microsoft is largest shareholder of OpenAI and the company is very interested in Sam Altman’s plans to build dedicated chip manufacturing ( foundries) to break NVIDIA’s ‘ monopoly’ according to Bloomberg and the Financial Times. I am sure Microsoft realizes the connection between ‘ compute’ chips and ‘ connectivity chips’. To beat NVIDIA you need to outperform NVIDIA on every aspect of its business. You need to offer better performance, price and lower cost of ownership.
Thanks. Its the awakening mainstream media attention for AI and its impact on society, power and water resources as well as Wallstreet awareness on FAANGS rising cost of operation, which I think is interesting and bodes well for us LWLG shareholders.
Just reading Dutch newspaper and the rising media awareness of the enormous power consumption of crypto and now the power consumption artificial intelligence is adding. Every bitcoin transaction is costing 16.000 liters of water for cooling, every GPT chat costs 0,001 euro in power consumption and with 200 million ( probably more by now) requests per day, it’s adding up quite rapidly. It’s a huge business cost ( and a huge societal cost). No wonder Microsoft is thinking of nuclear power plants to deal with the rising cost and usage of power. Reducing power consumption is becoming an absolute necessity and with the reduction data transmission will increase again ( law of Jevons 1865 on coal consumption). The other requirement is the current mismatch between compute and connectivity. No AI expansion without improved data center connectivity. We need photons ( light) to go as fast as possible using as little as possible power in the data centers. FAANG’s are positioning themselves for the AI business growth. Without fast switching light no AI expansion. Without LWLG, AI will run into roadblocks. Lightwave is in the sweet spot.
New Lightwave employee: Purchasing manager. Nice to see Lightwave moves into practical operational mode and needs this function to deal with suppliers and supply chain partners.
https://www.linkedin.com/in/brandon-ramsey-6a193985/
What is a purchasing manager’s function?
A purchasing manager's function typically involves overseeing the procurement process for a company or organization. This includes tasks such as sourcing and selecting suppliers, negotiating contracts and prices, managing relationships with vendors, and ensuring that purchased goods and services meet quality and budgetary requirements.
The purchasing manager also plays a key role in optimizing the supply chain and managing inventory levels to ensure efficient and cost-effective operations.
Just listened to first five presenters at Optica Super Computing conference. One important take away. No standards, no final scalable solutions, photonics is a must, need for high bandwidth and faster modulators. Didn’t know that Boulder Colorado was the 2e Super Computing hub in the USA. Isn’t that the place where Lightwave is active as well? Small world.
Microchips, just watch Lebby speaking in the Benzinga interview - early December-, on the challenges in concluding these multi year agreements. It’s not reliability, not patent related. It’s to get it right the first time for multiple years and to lock in partners for all these years with every partner having different demands.
Just for your information. The data center industry would love to see $1 per Gig. Just confirmed by Ayar Labs. Lebby already foresaw that in 2016. Moreover during ASM 2023 Lebby gave some very conservative volume numbers I am sure LWLG can deliver the goods. You also may assume a gross profit for an unique commercial proposition in terms of performance, power consumption well over the current semi conductor industrial average. In other words some financial modeling and forecasts are possible.
Scope, we have a patent specialist in our midst. That’s how it was released here on Ihub first. Has happened a few times already that we knew first, before MZ released. It’s what it is, Happy with the good news.
Thanks Marco. Bottom line you get what you pay for and LWLG as a development and start up company didn’t want to pay a lot. Rightfully so. As you can see each business phase requires a different communication effort. These guys work with pre-agreed and specific performance criteria and budgets. They are professionals.
Correct. He cannot stand the emptiness of his soul and wants to connect at any cost, even if it means to be detested and despised. Keeping him busy as some of you do is surely ‘caring’ . It helps him to feel ‘seen’. I admire people who help others in distress. Hope he doesn’t turn violent, often the last phase in this psychotic pattern.
Black out starts 15 January. Black out periods restrict the ability of insiders, such as employees and directors, to trade company stock usually around the announcement of financial results or other significant events. Personally I expect more significant events in the remainder of January. JMHO.
Good to see the overall mood here gradually improving again. That bodes well for the share price. Thanks for the good discussions and information. I am looking forward to good news in this quarter.
Making more than a 1.2 billion in profits and being fined 249 million still leaves almost a billion. That’s how reputable banks get away with financial crimes. That’s what I consider the fallacy of ‘‘ a level playing field’ in trading practices.
https://www.morningstar.com/news/marketwatch/20240112287/morgan-stanley-hit-with-criminal-charges-and-249-million-fine-for-alleged-block-trading-fraud#:~:text=Morningstar-,Morgan%20Stanley%20hit%20with%20criminal%20charges%20and%20%24249,for%20alleged%20block%2Dtrading%20fraud&text=Morgan%20Stanley's%20pitch%20to%20sellers,could%20drive%20share%20prices%20down.
Exactly. Global Foundries business model is ‘ contract manufacturing’. Gupta will not alienate its customer base which consists of different material systems. Doesn’t want to lose business. What is interesting is that he mentions specific materials , which we know have physical and performance limitations and puts organic materials and polymers as future solutions. We know these future solutions are already here to be commercialized. Why would the Googles, Amazons and Meta’s of the world wait for something in 5 years, if you can have that solution today in 2024? Doesn’t make sense! Smaller footprint, best in class bandwidth, highest data speed, driverless and absolute lowest power consumption.
Exactly. Global Foundries business model is ‘ contract manufacturing’. Gupta will not alienate its customer base which consists of different material systems. Doesn’t want to lose business. What is interesting is that he mentions specific materials , which we know have physical and performance limitations and puts organic materials and polymers as future solutions. We know these future solutions are already here to be commercialized. Why would the Googles, Amazons and Meta’s of the world wait for something in 5 years, if you can have that solution today in 2024? Doesn’t make sense! Smaller footprint, best in class bandwidth, highest data speed, driverless and absolute lowest power consumption.
Don’t want to engage in politics. But this is China’s ‘ China First’ policy. The Chinese have a potential market 4 times as large as the USA and want to dominate EV, Air, AI . They claim they need most REE of it themselves. Hope the western nations have the foresight to secure their own REE sources and supply, Bodes well for Niocorp, US ( and Europe) cannot do without w/o losing more economic and political power.
I think the update is welcome and especially valuable because it requires any third party company or institution (mentioned by name) to agree and verify the text.
Ruud, Ihub is not for professional investors. They don’t watch the share price every day. They analyse and continue to check the companies shareholder value creation process and the executional capabilities of its management and than let it run its course.
Savvy long term shareholders here are fortunately doing the same. The current shareprice is determined by traders, impatient retail investors, retail shorters and institutions helping the shorters and especially themselves for improved cost positioning. No institution would touch LWLG if it would not be convinced it would create value over time, LWLG will deliver big time to us long time investors.
Yes, I was.
Yes, I was.
What is this? Wrong stock Xena?
Just a remark on BTO as one of the mentioned contenders. In fact I and two other long term investors in Lightwave were approached by the CEO of a BTO start up company with an innovative method/ application looking for funding. In fact Lebby recommended this BTO / CEO to talk to the three of us. Kind of :” Nothing to lose , maybe these guys can get you started!” After the interview , we decided to graciously decline.. Too expensive, no IP protection, science project, no entrepreneurship. One of the many university science projects and comparable to LWLG anno 2010-2014 at best. I suspect that Lebby wanted to give us some insight in the status of BTO as ‘ contender’ .
Microchips, My advice keep trying. Many here did before you and succeeded. How can you talk about accountability of LWLGmanagement if you are not able to exercise your own accountability? Looks pretty simple to me. Write an email or a letter!
On timing shorts and longs are now again equally served. No end of year deadline anymore. Trading is the name of the game short term. We will have news and we all know its forthcoming, but are at odds on exact timing and surprise impact . Love it. Suspension is back again with the clock now, after almost two years, clearly ticking in favor of the longs.
I wish everybody a healthy and happy 2024. Thank you for all your contributions to this board. I understand that my optimism sometimes gets me ahead of the pack. Sorry if that puts you on the wrong track. I am looking forward how the business performance in the first weeks of 2024 will win from the current manipulative trading practices. Unfortunately today the media, in their search of profits and popular impact, allow all kind of people to direct their attacks on individuals in stead of phenomena. It’s part of the emancipation of the masses and it is has become a business model. Hopefully 2024 will see a fairer treatment of true Lightwave shareholders. A blessed 2024.
Fully agree Scope. Lebby runs a business 24/7 and the business year ends 12/31/23. Trading year 2023 stops today. This is exactly where Wallstreet figures run foul. They think the world runs according to their trading agenda. Business runs according to its own agenda. ( by the way: Lightwave has been issuing press releases on the 12/30 before) . I am convinced we will still see news ( any sort) before year end! If not, we will see it early 2024. Lebby has never disappointed.
I still have this naive belief that in the end it is the ‘good guy’ who will win. So to all the good guys and girls, I wish you all a Merry Christmas. See you next week and looking forward to some really nice surprise announcements in the days ahead.
Please realize that agreements or deals with Tier 1 companies will decide the future and the value of Lightwave as a company. Needs to be the first time right! Can’t do it a second time. Lebby is well aware, we should.
I am also very happy to see that Lightwave secured patents along the total supply chain ( including manufacturing ) for various photonic platform materials and devices..OLED ( Universal Display Corporation) , often referred to by Michael Lebby as an example for business development, was confronted with lots of patent litigation in its early business years. Especially from companies who felt they could infringe through device and manufacturing process technology. Having experienced scientists and business executives familiar with the OLED story on the LWLG board and advisory committee may be paying off big time here.
The need for supply chain diversity, supply chain security and the energy transition requirements - phase out of fossil energy sources and carbon emission reduction - have since COVID taken on a much more prominent position in the political, legal and business decision making processes. Not only the carbon reduction processing ( ESG practices) of Elk Creek, but also the fact that it’s product suite is directly helping to reduce the US carbon emission output is now more prevalent than say 10 years ago. The business value potential has greatly increased and the value of its share price is hugely undervalued.
Xena, glad you are back. Missed your insightful messages.
I think he needs a course in company valuation practices.
I feel very good if I can create that kind of emotion Putz. Hope it makes you feel better. Can’t stay always on edge. I would say let’s remain grateful with what we have here. I am very positive on what will happen in the next couple of weeks.
With just one week to go before X- mas and based on the companies indications, I am kind assuming a very high probability of an announcement of a deal or milestone next week.
A lot of us bought shares Niocorp ( Quantum Rare Earth) at a time when we saw the potential of the niobium reserves. Limited drilling practices, a preliminary plan, no feasibility study, just a potential mining and processing opportunity in America’s heartland with some off take agreements and a German loan guarantee. Forget for a moment our ( disappointing) experiences during the COVID and as a result of the failed SPAC. We are so much better positioned today and greatly de-risked ( permits, off takes, feasibility, demo plant, scandium alloys, ESG etc) and the share price is close to what it was 10 years ago. Just look at the perspective now and than. I would argue an investment in Niocorp now makes so much more sense than when we invested 10 years ago. Putting history to rest and looking at the face and future value of this project - with Stellants and EXIM in the wings and highly probable - we are much better off. The private placement amongst insiders and some friendly is proof of acknowledgment of the value of the project. You wouldn’t put your own money into the company, if you knew it was a waste. Business and investing always future driven. I will not sell a share. I am convinced my shares carry more future value than they did 10 years ago. The current share price is a gift.
I hope they all will make a ridiculously high return on their holdings. Sitting close to the campfire has its advantages and also gets you most ‘heat’!
If the company insiders feel they need the cash to operate, they feel using Yorkville is not helping the share price, Stellantis and EXIM final decisions are not under Niocorp’s managements sole control ( decisions here are not Niocorp’s but it is up to these two organizations to decide if and when) then I think this private placement is a good omen and a justified and necessary action.
It seems clear to me that a Stellantis equity participation and off take agreement is in the process of final formalisation. Why would you allow Stellantis exclusivity beyond the mutually agreed time frame if Niocorp was not confident in the conclusion of the deal? I recall that more companies were interested in rare earth materials, but Stellantis was the fastest decision maker. The other parties may still wait in the wings.
That’s what I call a very encouraging statement. Something we needed. Thanks Walter for sharing.
Still not sure why you are here than?
Where did you find that insightful nugget of wisdom that nothing is sure and all can fail? Wow, that this idiot couldn’t think of that!
Yes, deal track record is not good, that’s why I asked the question whether your presence here means that you believe this time with Stellantis and EXIM will be successful, That’s a simple question. If you don’t believe this, I can’t understand your long time presence here. I put you on ignore. Can’t stand people who act disrespectful towards other people on social media,
That’s not answering the question. That’s a political statement. I am invested because I believe Stellantis and EXIM will happen and this project will go ahead. I guess you are here to see what happens without any clear preference for failure or success despite your many years on this board. You are here for fun and entertainment, I guess, as your nickname suggests.