Nanoco’s material development and supply agreement with a major US corporation provides firm support to our near term estimates and the company’s balance sheet. The partner’s funding of a major expansion to Nanoco’s Runcorn manufacturing facility also improves the probability of a sharp inflection in revenues in FY19 and FY20 while providing welcome diversification to the company’s medium term opportunity pipeline. Execution risk remains, but we believe that Nano
08 Feb 2018
Rabbit pulled out of the hat
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Rabbit pulled out of the hat
Nanoco Group PLC (NANO:LON) | 22.1 0.1 2.9% | Mkt Cap: 71.6m
- Published:
08 Feb 2018 -
Author:
Dan Ridsdale -
Pages:
3
Nanoco’s material development and supply agreement with a major US corporation provides firm support to our near term estimates and the company’s balance sheet. The partner’s funding of a major expansion to Nanoco’s Runcorn manufacturing facility also improves the probability of a sharp inflection in revenues in FY19 and FY20 while providing welcome diversification to the company’s medium term opportunity pipeline. Execution risk remains, but we believe that Nano