Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
@Esrjm222
I didn't say normal capacity, but much closer to normal. I think there is actually significant pressure on governments to allow all those activities to happen. Not least that they are being considered by other countries already which would make continuing closure of these crucial industries politically unacceptable. United Airlines for example are already in the processes of introducing similar testing as is Al Italia.
There are three events that would trigger major upside for epicentre stocks:
- Announcement of an effective vaccine
- Rapid testing along the lines mentioned in the article
- A change in strategy regarding case control e.g. if deaths continue to remain at very low levels despite more cases, the government will be under immense pressure to reopen society may instead focus on shielding the vulnerable whilst allowing the virus to spread amongst under 60s with no underlying health conditions in a controlled way. This would probably only be considered if the first two were not imminently expected which they are.
Chengdo - I appreciate that you are biased because you are invested in Avacta and I wish you every success, but really there are many companies doing the same thing - to be fair though there will be more than enough business for all so I wouldn't worry too much.
Actually no - if you do your research about these tests, there's lots of different companies starting to manufacture them - Abingdon is one which is a pregnancy style test that you do yourself and it is this type I wouldn't be surprised is the one that is going to be "married" to the app - you can do the test yourself - buy it on Amazon or Boots, when you want to do something specific like go to a sporting event, you take the test in the morning, get a negative test, supply the details on your app and then get sent a QR code to your phone which you will then use to gain entry into the event.
This would allow cruiseships, cinemas, stadiums, bars, and of course airlines to function much closer to normal capacity.
Testing is flawed.Theres no way in the that all the above would be allowed to happen. Distancing would still be the Norm.If a quick test did not correctly identify a positive carrier then the chances are high of pass8ng on the infection if these places were nearly full to capacity.
There's a number of these tests being manufactured now - I mentioned that US production is building to 200 million a month by January, and if you read on here yesterday, my suspicion is the app that became available yesterday is the key to unlock absolutely everything because you can take a test, have a QR code sent to your phone and that will be your entry to venues on that day - whether its sports events, theatres, restaurants, nightclubs and of course flights. There is a trial starting in Salford next week on the rapid tests and I'm thinking the trial could incorporate the app.
With everybody focussed on a vaccine as the silver bullet, the media and also the financial markets have overlooked what I consider the more likely candidate to end the lockdowns, namely rapid testing.
German pharmaceutical company has developed a rapid covid test that can test large volumes of people accurately with results given in just 15 minutes.
https://www.cnbc.com/2020/09/08/qiagen-to-launch-rapid-coronavirus-test-it-says-could-be-used-in-airports-stadiums.html
This would allow cruiseships, cinemas, stadiums, bars, and of course airlines to function much closer to normal capacity. Anybody with covid would simply be turned away from the entrance, those on the plane would have all tested negative moments before. This has the added bonus of appealing to anti-vaxxers who seem to make up roughly 20% of the population and also no side effects which may put some other people off a vaccine. It is clear to me the market is not pricing the development of rapid testing in, especially for IAG where long haul flights maybe the first to benefit from this development. If you look at the performance of airlines from around May 14 to June 7, when air travel was pricing in a return to relative normalcy, share prices roughly doubled.
What I am personally doing is investing heavily in UK epicentre stocks - Airlines, industrials, big oil, hospitality, retail banks, leisure and the likes. Some are priced near March lows.