paradigm Capital is out at 4.85$ target Graphene Plant Commissioned as Promised | NanoXplore has completed the
commissioning of its 4,000-tpa graphene plant. The plant has the following unique
characteristics:
o The largest graphene plant in the world
o Fully automated with very little human dependency
o Very high consistency, allowing batch processing to match different client
requirements
o High consistency between batches
o Tight cost control owing to low batch-to-batch variance
Focused End Markets I The presentation concentrated on five end users of
graphene that the company is working with:
o Automotive battery panels
o Automotive batteries
o Automotive fuel/ brake lines
o Wind mill composite parts
o Recyclable plastics
Cash Cushion Is Two Years | We estimate the March equity cash injection of
$25M increases the effective cash cushion to $30M. Proceeds will be used to
purchase some new pelletizing equipment to optimize the graphene plant output
and ~$2M will be spent on the company’s joint graphene battery initiative .