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Hi Chesh
I've been looking at a few research companies Yourgene, Novacyt and Genedrive. The first doubled on Tuesday dropping a little since, they announced a contract for Ygen to ramp up production of the Novacyt test kits. Novacyt were on BBC news last night, last week they announced 18 months of sales in 2 weeks and are ramping up production by April. It's the antigen test to see if we have it , not the antibody test to see if we've had it.
Genedrive have signed a big contract with the US defence force for their tests.
N4pharma have a patent for a delivery device for labs who are researching a vaccine
Technology is ramping up let's hope it works in time
ATB:))
https://www.theengineer.co.uk/bosch-covid-19-test/
Bosh.............!
All the best ('66 :)
Bosch............. on the ball........... !
Dyson ........... on the wind.............!
Boris .............. on the Tele.......... ! hmm
All the best (Germany and England will beat this, who'd've thought :)
End off the month.................!
no more clues ........... :)
All the best (subject to change obvs :()
I would have thought we needed news to see the result of the testing on the Saffron drill which will hopefully kickstart the sp. Does anyone know when these are due?
We don't need to rely on the co. for them updates willec...........!
it's all part of the cost saving drive, you see............!
All the best (LLL will try to keep up ............ :()
Anyone know the latest in Trinidad and what the plans are as I feel Saffron has got to be positive otherwise we would have heard by now. I can't believe everything has been cancelled on the ground. How many CV incidents in the country.
My last post was for Irene.................!
I do hope karma hasn't got it's future take on things here..............!
All the best (willec, and all :)
stay inside
Hopefully this is the bottom. I can not believe this is so far unvalued - can't wait for news.
You'll always see a bottom when Cantors are sat on it...........
All the best ( and stay safe 'n healthy :)
or in doors.......... :(
Not just an investment tool -Fan...........!
sports, is all I can come up with as an alternative............ !
All the best (perhaps you could help me out......? ;()
shorting comes in other forms on these BB's ............ mind ......:/
No, I am one those guys who has a problem with those investment tools. More gambling if you ask me. Should be forbidden, but call me old fashioned
At least you call it investing -Fan............ :)
we are one step nearer in these troubled times..........!
All the best (hmmm, not considered spread betting, yet you have..............? :()
with investing now, I meant CERP investing now in CAPEX. They will go in cash preservation mode, I would have thought.
How much you want to invest in your CFD is your business, not mine ;-)
Heard a report on CNBC earlier about the possibility of oil dropping to $ 5pb gess hope this is not true
"“The Organization of Petroleum-Exporting Countries is a relic of a cartelized past, one that burdens the Kingdom with free-riders and forces it to shoulder the lion’s share of every production decision,” the letter, signed by Sens"
All the best (just saying :)
https://thehill.com/policy/energy-environment/489666-gop-senators-urge-saudi-arabia-to-leave-opec
US shale is widely reported to be in a pickle, even before the oil crash. Their production is going to drop 2020 and 2021 - with that in mind it made sense that the US offered (for the first time) to join in with coordinated cuts with OPEC+. As they are due to reduce output anyway. However surely Saudi know this and would rather ignore the approach in favour of dealing a more destructive and lasting blow to US shale. The down side of that is Saudis relations with the wider global community would take a hit (as most other countries are trying to pull together during this crisis). Do they care? Doesn’t look like it. What I would want to see from CERP is a plan to batten down and sit out the storm. That includes improving terms (IPSC?), reducing output, redundancies, salary cuts and even possibly moth balling Saffron if necessary (depending on what capex remains).
https://oilprice.com/Energy/Crude-Oil/Is-This-The-Beginning-Of-The-End-For-Texas-Oil.html
Hawk..................!
LLL is the copy 'n paste kid 2020 version 2.0............. respect........ :()
All the best (Irene will be here after er shift ..........! :)
Well LLL, it's a good job that no one takes you seriously. I've read some waffle in my time but you have really surpassed yourself this time. No doubt you are having fun, but try not to ruin everybody's day with your constant tripe. Thanks in advance.
Hey LLL.......... hope you well (no pun intended)............ :)
stay safe hun........!
your "there are doubts over the Saffron result"............?
Do you think March has ended............?
All the best (poss CV19 short (forgive me ) term impact on Saffron results, but it's there :)
LGO - you are somewhat optimistic in expecting FY19 results to be announced in April. The deadline at Companies House is 30th June and last year the accounts for FY18 were announced on June 3rd. The BoD seem reluctant to tell shareholders anything, having abandoned quarterly reporting which they themselves had said is industry norm.
My guess is that the company is running on fumes and it wouldn't surprise me if it has ceased to exist by June. How much cash is left is anybody's guess and there are doubts over the Saffron result and cost of drilling/testing. Then there is further doubt over Goudron IPSC which has not yet been renewed and may not be if CERP can't undertake to agree a minimum work obligation. And that's without factoring in CV-19 and the effect of prolonged low WTI.
I expect to see attempts to raise funds and a sign of stress on cash will be if Lind is paid in shares. If contractors start to have doubts then they may not accept payment in shares and that could be a tipping point.
The prolonged silence by the BoD doesn't fill me with any confidence that all is well (no pun intended). If they see a bright future than why don't they come out and say something before the SP dips well below 1p? They are well aware that investors are frustrated with lack of news.
Just my thoughts and opinion. Feel free to disagree. I watch with interest how events unfold in the coming days and weeks.
phew............! just finished me last set 'o 4 for me long break starting now............ :)
not in self isolation (thankfully :) but in lock down, got beer, food, bog roll and a shop delivery coming on Monday (phone call the lovely widow across the road, to see if she want's anything?) so pretty sorted here....... :()
read this last last night mind
https://thehill.com/policy/energy-environment/489666-gop-senators-urge-saudi-arabia-to-leave-opec
All the best (don't click on the click bait ads like I did :()
stay safe everyone..........
Good to see that people are holding long and strong and adding where they can, they obviously realise that good news is just around the corner. Good luck to all that have been patient and honest with their investment, keep up the good work.
LGO-fan, best time to invest is when others are fearful, who said that, OH YEAH Warren Buffett. It seems stupid not to buy at these prices.