AXE, ARCHER MATERIALS LIMITED

[nipper]

In Reply To: nipper's post @ Jan 20 2021, 11:59 AM

another leg up, to close to $1.00. Up 23% on the news

Electronic transport in a single qubit achieved
Highlights
• Archer achieves a key technological milestone in the development of its 12CQ quantum computing qubit processor chip technology.
• The work represents a significant technical achievement because the electronic transport measurements were performed on a single qubit – only a few hundred atoms across – and at room temperature.
• The Company utilised over $150 million of semiconductor foundry facilities and some of the most advanced instrumentation in the world to complete its most recent validation of the 12CQ technology.
• Archer is one of only a few players† developing a qubit processor chip in the emerging multibillion-dollar quantum computing industry‡.

[nipper]

In Reply To: mullokintyre's post @ Jan 20 2021, 10:48 AM

I was amazed this is the first patent. (No, not a holder, though the risk reward profile would warrant a toe in the water)

[mullokintyre]

In Reply To: nipper's post @ Jan 20 2021, 09:36 AM

And up 20% today.
Hope you got on Nip.
Mick

[nipper]

First patent granted for 12CQ quantum computing chip


Highlights
• Japanese patent granted for Archer's 12CQ quantum computing qubit processor
• Major commercial milestone achieved with the grant of a patent protecting the 12CQ chip technology in a Top 5 global economy.
• Archer is one of few key players developing a qubit processor chip in the emerging multibillion dollar quantum computing industry

[nipper]

here's a Corporate Action we don't see too often:

AXE will raise up to $3,000,000 at an issue price of $0.60 (60 cents) per new Share. The funds raised from the SPP will be used to increase the pace of our current work programs and to start hiring additional staff to do this work.

At Archer, we are proud of our high level of engagement with shareholders and regularly update shareholders through online platforms and in-attendance events. We have also offered shareholders the opportunity to visit our offices and laboratories and will continue to find more ways to make shareholders feel part of the Company. As part of this strategy, we have decided to undertake a SPP rather than a broker sponsored placement as an SPP gives shareholders an opportunity to participate at a price discount normally reserved for sophisticated and professional investors.

[nipper]

Archer Materials Limited (AXE, formerly Archer Exploration Limited) has focus on the development of the Group's advanced materials with a key focus on integrating graphite and graphene in three key growth areas of reliable energy, human health and quantum technology and exploring our mineral exploration projects.

In early May, the stock doubled when it became the first Australian business to be admitted into IBM's Q network, the group of global organisations that are collaborating to develop quantum computing: outfits like Daimler, ExxonMobil, JPMorgan, Samsung and Accenture.

Archer has a board of three, a staff of eight, $2.2m in the bank and costs $150,000 a month to run. Nevertheless, CEO Mohammad Choucair and technology chief Martin Fuechsle appear to be leading in the global race to build a room-temperature quantum computing chip, based on a 2016 idea by Choucair, which is why this tiny Australian firm with almost no money was invited to join the giants in the IBM Q Network....

[nipper]

In Reply To: nipper's post @ May 9 2020, 01:28 PM

the direction taken by AXE has morphed; it changed name to reflect new realities in November 2019.

Archer Materials Limited (AXE, formerly Archer Exploration Limited) has focus on the development of the Group's advanced materials with a key focus on integrating graphite and graphene in three key growth areas of reliable energy, human health and quantum technology and exploring our mineral exploration projects.

- and may well change again. (here's hoping the 'graphene' bit rubs off to other stocks)

[nipper]

In Reply To: bg99's post @ May 6 2020, 05:12 PM

Mr Kohler has a piece in the Weekend Oz about the company.
https://www.theaustralian.com.au/business/a...726c05ce561da7a

..on Tuesday the stock doubled when it became the first Australian business to be admitted into IBM’s Q network, the group of global organisations that are collaborating to develop quantum computing: outfits like Daimler, ExxonMobil, JPMorgan, Samsung and Accenture.

Archer has a board of three, a staff of eight, $2.2m in the bank and costs $150,000 a month to run. Nevertheless, CEO Mohammad Choucair and technology chief Martin Fuechsle appear to be leading in the global race to build a room-temperature quantum computing chip, based on a 2016 idea by Choucair, which is why this tiny Australian firm with almost no money was invited to join the giants in the IBM Q Network....

Not sure what to make of it.

[bg99]

In Reply To: blacksheep's post @ Aug 15 2019, 12:06 PM

this one has caused a stir too, but may have some substance behind ithttps://www.asx.com.au/asxpdf/20200505/pdf/44hkkmqbgqq83q.pdf
this one was one of blacksheep's favourites ..... where has he and the MNS sheep gone ?

[blacksheep]

Bartels gold discovery update

Highlights
• Widespread alteration geochemistry indicates that Bartels is located within
a low sulphidation hydrothermal (epithermal) alteration system.
• The area of known alteration covers 1.5km x 1.2km within a larger
exploration target area of 25km2
.
• Previous drilling by Archer at Bartels intercepted gold from the surface.
• Bartels is located close to main roads, power, water and other critical
infrastructure

Commenting on the Bartels Project, Archer Executive Chairman Greg English said, “We have
known about the Bartels Gold Project for a while but have been focussed on other projects and
our growing Advanced Materials Business. The recent sharp increase in gold price and renewed
investor interest in gold projects has prompted us to review the Bartels Gold Project.

“We believe Bartels to be a low sulphidation epithermal style gold project. Bartels is a very large
gold target covering an area of 25km2 and Archer will be seeking a partner to assist in the
exploration of Bartels�.

Love it when companies trot out projects they've done little about until there's "renewed interest" good day for a gold ann with gold producers the only stocks in the green