Here is a little reminder of the history of PPK. The Alan Kohler interview.They’ve recently just made a breakthrough. Part of the reason for talking to them now is because of the breakthrough they’ve just announced in terms of the cost of producing BNNT, which caused the share price to surge about 15 per cent the other day, this is last month. But look, they shot up to $7 dollars a share back in November of 2019, about the time I spoke to them. They had a pretty rough pandemic, the share price fell down to $2 dollars again in March last year, but now it’s back at $8 dollars, having quadrupled since then as the boron nitride nanotubes thing continues to develop.
The reason that we’re interested in BNNT is because it sells currently for close to $1 million dollars a kilogram, about $850 bucks a gram, so it’s expensive. They want to bring the price down by producing a lot of it so that it can be used in a lot of applications.
What does a kilogram of BNNT sell for these days?
The current price that we’re selling a gram for is somewhere between $8-900 dollars US.
That’s a gram, one gram?
Correct.
$850,000 dollars per kilogram?
Correct.
Todays Ann. Well if they can't sell it at this price the board need to be removed!!!!
BNNT Technology’s pricing for BNNT now starts from US$150/gram
oops, we just ran out of shares
Okay I'll take one for the team and sell only a few
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Here is a little reminder of the history of PPK. The Alan Kohler...
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