PPK - PPK Group

[Dona Ferentes]

subsidiary, BNNT Technology, has significantly reduced the price of its Australian-made boron nitride nanotubes (BNNT) following a series of production improvements.

BNNT Tech says its pricing for BNNT now starts from US$150/gram, a huge markdown versus the approximately US$400/gram offered by competitors.

PPK’s commercial director, Lieuwke de Jong, said reducing the unit cost of BNNT has been a significant focus area for the company over the last few years.

“I speak with potential customers daily and the conversation inevitably turns to cost.
“There are many use cases where the end product would be improved with the addition of our nanomaterials, but until now, the cost has been prohibitive,” said de Jong.

He adds that while the premium end of the market will always be crucial to success, PPK’s aim is to ensure that adoption of these super materials can be as widespread as possible, including through the development of derivatives

 

[finicky]

Who knows. Up 34% yesterday but on only 230,000 volume. Haven't kept up with the goss.
Not Held

WEEKLY

 

[Dona Ferentes]

up 40 per cent ... but has been much higher b4

... an affiliated entity, Craig International Ballistics, has a $30 million order with DoD

 

[finicky]

It's always when you've taken your eye off a moribund spec that it does something. Seems a bit over enthusiastic for a $30m gross order from the govt to an investee company but PPK will also get to supply the Boron Nitride material to Craig Ballistics I guess.

Not Held

 

[divs4ever]

had an eventually profitable ride with this between 2014 and 2019 ( entry @ 71 cents , exit @ $1.10 )

now maybe i should have 'let the profits run ' , but i didn't ?

 

[Dona Ferentes]

and, relief indeed

. 17 Jun
Further to the updates of 30 August 2023 and 9 February 2024, PPK Group advises that it has received judgment on relief from the Supreme Court of New South Wales in the matter of Flynn & Anor v PPK Group Limited & Anor.

The Court has ordered PPK to issue to Flynfam Pty Ltd ATF Flynn Family Trust the number of shares which is equal to $500,000 divided by the volume-weighted average price of PPK shares over the 30 trading days immediately preceding the judgment date on 14 June 2024 (calculated to be 1,136,011 shares). This outcome aligns with the Company’s legal advice and expectations.
The Court will hear submissions regarding costs in early July.

 

[Dona Ferentes]

and now it's time to move on ...

Changes to Board composition

PPK Group wishes to advise that Mr Robin Levison has notified that he will retire from the Board of the Company effective from 31 August 2024.

The Board has resolved to appoint Ms Anne-Marie Birkill as the new Non-Executive Chair effective 01 July 2024. Ms Birkill was appointed as an independent non-executive director of the Company on 01 July 2022 and brings extensive experience and a breadth of knowledge to the new role.

Mr Marc Fenton, Chief Executive Officer, will be appointed as Managing Director effective 01 July 2024. In addition, the Company will commence a search for one or more additional non-executive directors, with a particular focus on individuals with energy sector experience.

Mr Levison has given over 10 years of service to the PPK Group since his appointment in October 2013 and has overseen the transition from a mining services company to a technology
company with a current focus on energy storage solutions and nanomaterials. In particular, Mr Levison played a critical role in the listing of Li-S Energy (ASX:LIS) in September 2021. His contributions have been significant during his tenure.

Mr Levison commented: “I have thoroughly enjoyed my time as Chair of the PPK Group Board but believe this is the right time to leave PPK and hand over the responsibility to the next generation of leaders. PPK Group has a high-quality, results driven management team, and I wish every success to the Board and broader team for the future.”

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yep, 2021 was as good as it got.

 

[Dona Ferentes]

and now it's time to move on ...
...additional non-executive directors, with a particular focus on individuals with energy sector experience. ...... ...... .... the transition from a mining services company to a technology company with a current focus on energy storage solutions and nanomaterials.

nothing since 01 July but there's been a bit, a smidge, of interest

,...2021 was as good as it got.

..and the future? Ann., TH , cap raise ?

 

[Dona Ferentes]

..and the future? Ann., TH , cap raise ?

or, a refocus ... $0.40, just above lows for the year .

PPK Group Limited (ASX Code: PPK) is pleased to announce that the Board has determined to pay to PPK shareholders a fully franked, special in-specie dividend via a distribution of shares in Li-S Energy Limited (ASX:LIS).

Li-S Energy Limited is a public company listed on the Australian Securities Exchange since September 2021. LIS is a leading Australian battery manufacturer focused on commercialising novel lithium-sulfur and lithium metal battery technology.

The Board has determined that it will cede control of LIS and deconsolidate from an accounting perspective, including via an in specie distribution of just under 26m LIS shares currently held by PPK to all holders of PPK shares on the record date

 

[Dona Ferentes]

doing well, probably the Li-S angle helping things along this week

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