Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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A recent news flash reports the Scottish Government are now encouraging people to test daily and to even take a test every time they go out. That will see the Chinese stockpile dwindle even quicker. Good times around the corner.......
https://www.bbc.co.uk/news/uk-scotland-59540250
This has dropped under due to sentiment not RNS … should be around 35/40… but as I said this will all change … one bit of good news every one will be praising Colin
Are you really getting excited at 26p
Big move upwards on its way
Warming up now soon 26 will be broken…
Once MMS collected enough shares then BOOM .. I expect same over 33/34 and close around 30
Spike coming later
Look back at GDR board only 2/3 weeks back… people were feeling same negative and look at it now…sentiment will change here..
News’s could land any day of signing new contract… market is full of surprises… any one selling now will be only buying high… this will be over 34/35 this week … could there be spike again today???
There’s no good news under CKs stewardship. Certainly hasn’t been in the last 21 months since I have been invested, and I can’t see that changing under him in the short term, being honest.
I’ve written my 20,000 shares off, as painful as it is.
Staz- Byeee
were you confident it would flay high at 58p?
leaving now, this board dangerous only allow one side of conversation, got post taken away
Dyor if you have odx share. I added more and will continue to buy more if it drops further. 25p is so cheap. Last time I bought it was 58p. I am very confident this will fly high.
What good news ?
Confidence it will flying high very soon, lots of good news coming in.
Added more, buy in low
I believe so - no test to sell, Chinese tests over bought, no government contract. Extended overdraft - likely no positive cash flow from covid for a good number of months.
But still £48 million mcap. why so high, too expensive, no test, overdrawn needed, no good on no sales. not covid worth so little, made loss again price will go down a lot.
1 Colin King!
We don't need a running commentary on what bs Captain TW T is spouting. Filter and avoid the noise.
You cheeky wee fella ! A placing you say ?
can't see a placing unless they want to fund self test approval in USA - and that would certainly be worth it.
They have contract with DAM and some packaging to pay for colins biscuits - so all good
With a placing on the cards for a q1 shortfall - so similar to abdx
@Maximillian3: "it doesn’t state clearly, that figure of 4 million LFD tests taken relates to England only:
The UK government have been responsible for the management (poorly) of the supply of LFT so not sure this does only refer to England Only.
If it does refer to England only and your 10M figure is anywhere near correct, then the 10.6M population's of Scotland, Wales and NI would have to be using 1.5 times the LFT tests that the 56M population of England are using.
The peak figures in Jan/February were all based on in school and return to College/University activities.
Like it or not the UK government have sourced enough stockpiles of cheap Chinese tests to see them through at least 2022 unless something dramatically changes in the usage rate.
the issue is that the gov have already mentioned a pencil date of April to stop the issue of free tests. Added to colin saying that the gov contract is dead - i think anyone holding out for this is being very optimistic to say the least. they will aim to use up the stock they have . If they need more then they will probably go chinese again
odx need to get self test approval in uk and eu and start selling privately. i think the new variant will delay approvals until they know for sure any lft will detect .
the valuation of the company based on £374m from the gov has gone. the value will now depend on how well they can sell once approvals have come through
I think you will find, that whilst it doesn’t state clearly, that figure of 4 million LFD tests taken relates to England only. It appears each nation reports their stats separately. Earlier this year in Jan/Feb England alone reported 7.6 million tests were taken. Also take into account that not everyone reports their test results whether positive or negative. https://coronavirus.data.gov.uk/details/testing
Approval will come for ODX as more and more firms are being caught selling tests not approved https://www.which.co.uk/news/2021/10/is-your-lateral-flow-test-illegal-for-travel/