Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
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Is that us a blue finish again. See that Trader and Captain aren't making their views made now. I wonder why, oh yes we all now why.
Wonder if its all week a Blue finish, like I said last week
"They sold the Alva site that did the covid work so won’t be doing anything else for abdx"
Indeed, but that was already dialed in. There was no certainty that gov would pay up ABDX for the order, even though on the face of it, ABDX did nothing wrong, and UK GOV took delivery of the goods.
So it's an extra income for ODX that could not be previously dialed in.
Yeh squander 10 million and flog it for pennies just as the next wave of covid hits. As said I don't refer to odx directors as clowns for effect, I just cant bring myself to call them directors after 18 months or so of total disaster. Let's see if a leopard changes its spots.
Shares up not to do with covid Eh Maybe something else in the pipelines like I said last week. Let's wait and see, then we will all know
You try and negate any positive here, keep on trying your best, I think the money owed from Abingdon is a few hundred thousand less than you have posted Twatch. No doubt RNS will be needed when amount is confirmed
They sold the Alva site that did the covid work so won’t be doing anything else for abdx
ODX never revealed how much they were owned by ABDX. As recall from the dim and distant past when the RTC antibody tests were going to sell in the billions, CK said they were providing the most important parts of the kits, but they were being finished/package by others. ODX supplied 250K to ABDX.
A guess of about £1M might not be far wrong. The useful thing as far as ODX is concerned is that their contract was with ABDX, not UKGOV, so ODX was not paying legal fees.
Its a useful income for ODX, and the shell suit crew have money coming in that they played zero part in acquiring.
Twatch-Or even the relevant posts you continually post day in day out.
Remarkable really that you feel the need to continually post daily
"Absurd to why you 3 are posting irrelevant posts. Is overdraft being used, I'd guess no, so give it a rest please. Why don't you wait and find out instead of posting this and that to benefit yourselves."
If only I could learn to post relevant posts like the above :)
Then why have this board if not to speculate in the absence of communications and decent company PR. If I posted this was going to a £1 this week would you object ? I say it how I see it which I hope is still my right to do, ie free speech? If the directors come out with great news I'll naturally reflect that in my posts and wish the company well. However, if a bank takes away an overdraft whether an individual or business it's never a good sign so important to see what the bank does here !
Absurd to why you 3 are posting irrelevant posts. Is overdraft being used, I'd guess no, so give it a rest please. Why don't you wait and find out instead of posting this and that to benefit yourselves.
It's kinda coming into the last train station now, bank could shut down the overdraft, last of the funds draining into cd4 and directors pockets, and unable to do more placings, no wonder there is no comms out of the clown show. Will know by Thursday.
So now that the last gasp desperate fundraise has turned out to be an abject failure for those that took up the open offer (i.e. can buy cheaper now), where next will ODX get money ?
I suspect the bank might pass as the overdraft was put in place when odx was not in such a mess, and the late reporting of this news by odx is because they're currently running round all the lenders looking for someone else to give them the overdraft. If you step back and look at the last two years would you give this clown show access to 1.5 million ? Soon see as believe they can't hide it longer than Thursday.
I can see the bank extending the overdraft at a huge rate - some crazy % per annum. Similar to what those pay day loans were charging.
Bank overdraft runs out Thursday and whether extended or cancelled is price sensitive so must be announced. I'd imagine the bank wants firm proof of sale of the 70k plus a week loss making cd4, even then I'd imagine extension will depend on sale price. If I was the bank I'd also insist on slashing the obscene director wages and look closely at expenses and whether the clown show have a credible plan moving forward. Can therefore read alot into whether the bank extends this overdraft !