Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We have arrived at a very important crossing. I expect news shortly. To establish its credibility amongst peer industry players and to move from academic dialogue to business opportunity and business - and competitive threat , Lebby and Liu will have to show their industry collegues during ECOC and the Photonic Integration Conference in Eindhoven (4 Oct) that LWLG is ahead and a huge threat to their businesses. Credibility and partnerships will only arrive if LWLG can do so. I believe they can. The recent PR was to keep shareholders happy. The Stephen Hardy story was more serious business. If Lebby delivers what he promised to deliver in 2018, we can truly ' fasten our seatbelts' again. I repeat I expect news before ECOC.
Did Gigoptix not announce a 100 Gpbs integrated chip in 2016 as well? They later sold their business to BR Photonics, which gave up its efforts and
sold its Polymer IP to LWLG. What I know from Lebby is that beyond 50 Gig silicon is not appropriate.
Landmark, I have been reading this Smith statement over and over again: "'
Mr. Smith added: “These improvements are in no way slowing our project finance discussions and negotiations with the multiple entities with whom we are currently working. But they are helping to reinforce the global uniqueness of this project and increase its already attractive prospective economics to potential investors.”
If these improvement are not slowing they have no effect or positive effect. They are reinforcing what is already seen as financially attractive.
To me it seems to mean that financing is in no way dependant on Nordmin , but will possibly be even more attractive to financiers than assumed sofar. Could it mean that financing is already secured? Could Nordmin outcome definitely determine how much equity will be needed? To minimize dilution I guess one wants idealy to know the final capex and the available amount of debt financing.
Smith's statement is exceptionally strong worded! Maybe I am cutting a curve since we need to know the final above the ground capex. But his statement implies the project is already attractive to financiers as it is.
Significant progress has been made. Integration on a chip and fabrication are two critical succesfactors. This was the conclusion of the Enschede conference in early summer. LWLG is moving forward on both aspects as others are still figuring out how to proceed beyond 50 Gpbs. Great news. Patience. Rewards will come eventually. Waiting for almost 10 years now. Feel we are getting very close to lift off.
PR today is great news. Given legal constraints this is what can be said. Numbers need verification by third parties to be included in official BFS. Elimination of permits and environmenral risks will be well understood by financial community. The capex numbers will be lower, otherwise no need for further analyses. The current BFS would do.
Been reading board with pleasure last couple of days. I think we are 'getting it'. Nordmin is key to financing and construction. Hope we will see concrete news this month.
I think Largo is up because vanadium prices are up substantially and continue to rise. Profitability will show a similar rise with increasing capacity and output leverage.Some people have understood the real value of the company and a bit of help in the media will do miracles. Great job Mark Smith.
My theory is that ' mr. 500 batch sale' is trying to keep the SP low in order to benefit from a maximum spread when he agrees to sign a financing deal. The 500 batch determines the shareprice. If my theory is correct than we will have financing when he stops to trade 500 batches. Could be Lind, could be an investment banker. I hope is a well known company!
That is indeed what he said.
If you can't dazzle them with brilliance, dazzle them with bull ( WC Fields) . I guess Terry believes he is a genius not well understood. He is a great supporter of Lightwave and that is what counts for me. Do I understand his messages? Hell no, but I try!
I agree on credence and free publicity. This will increase its public awareness.Yes, I am well aware that a senate hearing is a big deal, especially for a 'start up' mining company like Niocorp. I hope on a positive effect on financing and the shareprice, but I am not counting on it! By the way, I reside in the Netherlands.
I am afraid you guys are setting yourself up for dissappointment. The senate is interested in the administrative and legal process in the mining industry as part of its public responsability to accommodate the executive order around strategic, critical minerals. I do not think they are interested in the commercial or financial aspects.
As to big financiers (with hopefully big reputations) , I hope it will be entirely debt financing. This would be the best for all current shareholders. Could also be a combination of debt and equity or convertible loans. The latter would probably put continuous pressure on the SP. Big firms would make sure the conversion price remains as low as possible until publication of any financing deal in order to maximize the spread.
Proto, you could be right about leapfrogging... imagine they would be able to have a standalone 100 G modulator. Not only would LWLG be able to sell their 25 and 50 Gig in a more price competitive environment, but they would actually have cornered the market in the higher speeds and be uniquely positioned ( unique= here literally meant, the only company able to do so in the world) whilst being and able to sell from 25 to 400/800. LWLG would outplay all competition.
Thanks! I will spread this interesting, potential huge application for niobium in batteries.
Proto, Thanks. Every bit of news confirms a logic next step in LWLG's stated plans to scaleable modulators and P2IC platform design and manufacturing. This next step makes sense if you are confident that you have solved the performance and quality requirements of the 50 Gpbs modulator and feel the next step can be made towards integration on a chip!
That's indeed what I would call a 'surprise' announcement. News exceeding current expectations and yes, a scandium discussion on price or off take would be silenced!
I think it is good that expectations are set low(er). Been on the inside of a Fortune 150 company for a very long time. Our shareprice on the NYSE went up really significant only when we surprised the financial community with unexpected and good news! Good news 'meeting expectations' often even led to a temporary shareprice decline. Meeting turnover, profitabilty, economic value added, innovation objectives etc. , even if they were at record levels did not move the needle because' the revenue growth should have been higher, leverage to profitability not what was hoped for or the industry was not as attractive' or any other BS to indicate the surprise factor was not enough. Paradoxically if the company would announce umexpected restructuring initiatives ( bad news for workers) the shareprice would shoot up! Of course the comparison between an established company and a start up mining company is not correct, but the lesson here is ... it helps to have low expectations when surprise news hits the wires.
Lol. Like your thinking. I also have saved a lot of money by not wasting it on useless expenditures!
Grunt, that could well be. It intrigues me that the IBC CEO is talking about new alloys and new markets using scandium next to beryllium/ aluminium and keeps a firm lid on more details and business strategy. Partly this secrecy is meant not to alert competitors , as the CEO said, partly probably to do with the patent process. This could well be an important part of Nio's strategic puzzle. Both companies have largely the same shareholders and share some management functions and Mark Smith is chairman of the IBC board
Having digested all remarks on this board pessimists and optimists are still battling it out pretty much with the same old arguments! Time has evolved, reputable companies have become involved ( they get paid , have reputations and need to keep their own shareholders happy) and are doing work which is needed to build the mine. No time is wasted. Nordmin's work needs to be done now, with or without financing, and fortunately it progresses with potential favorable impact on timing, costs, investments and environment. Moreover Nordmin will bring in financial resources ( export credit facilities). We may or may not use the German Loan Guarantee, an additional credit facility. So far there is little dilution of shares. That's good news. Moreover its highly likely that the Ebitda will improve because of higher CBBM prices to its Niobium customers and higher marketprices for titanium and less opex thanks to Nordmin's positive timing and groundfreezing impacts. No 30 Miles pipeline and less complexity in mining operations. That means more shareholdervalue for the current sharebase. The big gorilla in the room remains: will we get financing? If anything, I believe chances have increased after yesterday's press release and Nordmin's public endorsement. I hope we will see a build up of good news in the coming month or two! There is a hell of lot of money in the ground!
Boilermaker! Spot on!
I do not think there were many customers in attendance. Mostly academics and representatives of small start ups and some competitors in the field of photonics!
It certainly is!
Less time to commercialization, better economics and reduced environmental risk improve financing situation/ lenders financial risks/rewards
I agree. In the case of LWLG the potential value can be assessed , the current share price is the result of a very limited number of shareholders who are mostly holding! Low trading volumes and LCP selling determine shareprice!
Seems to me LWLG is showing increasing confidence in its ability to conquer the data and telecom markets with its proprierty proven and thermally stable polymer materials ! It tells SiP : come to us, we can solve your your future data speed rates! Awful and daring claims. Can you imagine, you can buy this share for just over a dollar on the open market? Current shareholders are very lucky! It is like having invested in Google as private investors in 1999. If LWLG's public claims materialize, this will be a 'fountain of wealth'! Hope to see 50 Gig announcement any day now. Patience here will be rewarded pretty soon, I believe. We have never been closer is my firm conviction!
LWLG is on the roadmap! AIM and Photondelta are joining forces in this roadmapping effort. The real work and solutions need to come from the individual companies. The forum is an opportunity to exchange ideas and get alignment on likely future photonics technologies, applications and industrial considerations!
Looked at conclusions Enschede! Future cooperation AIM and Photondelta to have a common global technology roadmap, emphasis on global initiative, 25 Chinese participants, more scientist from all over the world and new working groups, more organization, hybridization seems the new buzzword!
No fast, cheap and low voltage PIC solutions in InP and Silicon for data en telecom yet! Lot of work to be done in areas of design, manufacturing, supply chain and ecosystem organization! Polymers conspicuously absent in presentations! Lebby led telecom work group! Did his job as full participating scientist! Given nature of discussions, I have all reasons to believe that LWLG has the solutions to the problems the meeting has been formulating as 'challenges to be solved in the coming years!' Obviously this was not the forum to give away to much business details. Conclusion: LWLG is well ahead of all global photonics competition with its active Polymers. It would seem that the scientists in Enschede are not aware or care. They seem happy with more cooperatiom and meetings in exotic places. Good for LWLG, gives LWLG a window of opportunity, little competitive threat. Video's with break out sessions and final conclusions are now available Proto! Hope you share my views!
Just looked at the Round Table discussions at the WTMF in Enschede. Not really interesting to share the video I believe. Discussion centred around three topics: manufacturing for scale, manufacturing location and the shortage of (integrative) photonics talent. China's role of becoming a technology and manufacturing force in photonics was highlighted. Main reasons for manufacturing in China massive government subsidies ( Intel put up a 2 Billion chipfab, completely subsidized ) and the availability and supply of sub- components ( passive component like resistors, capacitors and printed circuit boards) . Labor and automation are no factors. Interesting to note that Michael Lebby was invited to comment by Jose Pozo, the European Commision for Photonics, on China and commented how he was involved in strategic discussions to consider moving production to China. Lebby emphasized the subsidies and the avaialable supply base. The final road map discussion was not yet publicized.
Interesting here that Israel sees silicon as a possible solution to PIC's, but admits it is a couple of years away from a solution to get to 400Gig ( 4x 100), and thinks it may have to look at hybrid solutions using other material technologies.
Steve, stay modest, step by step please. Panama and Tunesia ok, but now Belgium needs to play the big boys! No need to pump, nor to bash! I think they can do it.
Indeed there is a another route! Our IP can be stolen by a big fat cat with little regard to the legal protection of LWLG
Organic growth could imo come from own production and/or contract manufacturing ( packaging) , co development with partners for specific applications, licensing of material. Innovation and organizational culture in large companies, I agree on your observation, often do not match well.
LWLG will serve huge existing and growing markets with different (material) photonic technology, current (material) technologies are reaching their crystalline limits ! Seems to me we witness a 'Pull' and not a 'Push' market. I agree Lebby cs will not appreciate any other captains on the ship... but one never knows! Hope my cryptic remarks make sense!
Proto, Yes! Global digital platforms are changing whole industries! Über, Amazon, Booking.com, Google ( data) are driving new ways of transportation, shopping, healthcare and communication! What they have in common is that they need standardized, cheap, faster and energy efficiënt data storage and retrieval capacity. The roadmap discussion in Enschede is defining the photonic integrated platforms (PIC's) for 2035 and beyond based on the best available technologies to meet the requirements of these digital platforms! LWLG patented active polymers offer the opportunity of worldwide standardization, integration and eventually industry diversification, something the other ( material) technologies cannot provide or only partly. Will we move to "LWLG inside" , a new Intel? I believe we will, question will we do it organically or will we be bought ?
Steve' s second link shows a bottom bar with numbers, click to 3 and than to Fprum 2018 and you see all first day video's! Hope you have succes! I Just tried and succeeded.
Video's of first day can be seen : Ton Baxx, Lionel Kimerling, Bert Offrein IBM etc!
Proto I agree, but bear in mind the Chinese have every intention to be a leader in the photonics field! Would not be surprised if they were interested in BR Photonics know how as well! Chinese government has excellent relations in Brazil!
Shockingly real video! Next video in line is their listing on NYSE! They were close ! You wonder what happened to their customers!? I appreciate Lebby's attitude better now!
Thanks X for all your information! I am impressed! On every aspect, this seems like a tremendous coup for LWLG. Even GP feels forced to switch sides and to join
the LWLG camp! He wants to make some money. I assume he will play a constructive role from hereon and can refrain from personal attacks on people who cannot defend themselves here!
For clarification, IBC's fiscal 2019 starts 1 July 2018 imo!
X, I assume the masters ( Lx2) themselves analysed Lumera's IP and considered it valuable enough to buy it! Would indeed be nice to get some more detailed information.
PhotonDelta and the AIM Photonics Academy of Boston are pleased to invite leading industry specialists and researchers from around the world for the second meeting of the World Technology Mapping Forum. The goal is to discuss the first version of International Photonic Systems Roadmap, looking ahead to global technology needs in 2030 and beyond.The three-day gathering will be held from June 20-22nd 2018 in the Horst conference centre on the campus of the University of Twente in Enschede. The final programme version will be issued later on Monday 18th. Dr Michael Lebby will participate, as will Bert Offrein from IBM and many others.