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anything can change at anytime, but the last formal utterance from ODX is that full use of the capacity is conditional on the uk contract, and that was only 12 days ago.
TWatcher
Deramping ODX since 44p, make your own mind up on whether you trust him LOL.
Strong Buy
TWatcher, of course this may have changed with the Visitect test now (hopefully) in full manufacture - I don’t see any reason why the Govt. would be difficult and not allow the use of their machines to produce tests at least until they confirm their own need for the capacity. I am also expecting more news on Antibody test production although to be fair I have been waiting for this news for quite a while.
"...full utilisation of this capacity, is dependent on the confirmation above from the UK Government."
In case you missed it earlier with the shorter bots swamping the board.
"In the meantime, we're using that capacity (2 million per week) to deliver the following tests:
VISITECT COVID-19 Antigen
VISITECT CD4 Advanced Disease
AbC-19 COVID-19 Rapid Antibody
Along with:
A UK Government-contracted third-party #COVID19 rapid Lateral Flow Antigen"
Strong Buy
Sales are inevitable, the economy is opening up, theatres, stadiums, festivals, borders, healthcare settings, schools etc.. the list goes on.
Innova stockpile running out means it's a matter of when not if odx will sell everything they make.
Clear coordinated agenda on here and it's really heating up now, news must be days away. Hold firm guys, the fundamentals remain strong here and with the SP down in the dumps we have a lot of headroom above us for growth
ORDERS WILL BE FLYING IN OVER THE SUMMER!!!!!
Looking forward to getting up in the morning, checking the lse RNS & opening another Omega diagnostics RNS AGAIN!!! for Visitect sales,orders,huge contracts, confirmation of sovereign test, tech transfer, up scaling of manufacturing capacity....CANT WAIT!!!
All seems positive to me!! CK will release further statements on the Dhsc contract once sovereign test announced and purchase orders sent from the Government...
All looking rosey here and this is just ONE!!!!!! revenue stream.......
You derampers seem to forget all of the other avenues of revenue we have.....
DEMAND FOR LFTS IS GOING TO BE HERE FOR A LONG LONG LONG LONG TIME......
I’m absolutely loving the fact that there’s so so many of you derampers on here and your nonsense just goes in one ear and straight out through the other..... I don’t even hear it, make sense of any of it....it’s just like a car engine going past when i’m lay in bed Brrrrrrrummmmmmm!!!! that’s all i hear.
No seriously i hardly read it I just go blah blah blah blah blah blah hahahahaahha
It does make me really really really SUPER confident the fact there’s so many of you here trying so hard to keep the SP down.
Makes me believe even more once newsflow commences a massive rerate will happen
It’s very simple for this to happen and add sentiment once newsflow commences......
what’s currently an in demand product at present? Lfts
Which company manufacture them?
Omega
Which company have upscaled manufacturing massively?
Omega
Which company has been getting machinery given to them from the government for this process?
Omega
Which company have recruited massively recently?
Omega
Which public company have a contract with the gov which are 100% behind LFTs to keep us out of lockdown?
Omega
Which company will be producing multiple different rapid tests for covid antigen, antibody, cd4 HIV , food intolerance (more to follow.....)?
Omega
test test test test test test..... Get used to it everybody, it will become a way of life and save the health industry trillions but make the diagnostic industry billions in the next years alone......
Avizandum1
go for it, I quoted an RNS from ODX and commented on it. and while you are at it, let me know exactly which facts in my post you think are incorrect....that'll be interesting :)
Should I report you for attempting to stifle opinion that is different from the ones you prefer to read ?
TWatcher top drawer wan*stain, low life scum who thinks life owns him a living.
Can’t believe anyone alive would spend so much time posting so much **** on a bulletin board whatever time of the day, night, weekends and bank holidays.
You ever thought of watching pornhub, Xvideos, Hamster, Readers wives lmfao.
Nothing valuable, nothing inofrmative, shared in this BB tonight, for dealing with green boxes. That is an issue for LSE.
We can not share information, because of these bots. Please LSE.............
Three green boxes below this response. I have asked LSE to look at IP addresses, and look at those who are acting in concert.
Happy posting the last post this evening Twatcher? (ironic eh!....last post?)
Reported as I said I would Twatcher. Are you sure you want tonights last post (ironic eh!)
All I see is green .
Twatcher. I am reporting you for market manipulation. . I want LSE investigation into your activities and potential market manipulation. That is what I request. I don't believe in being underhand, so you have it in the face. Good luck.....and think you may need it.
TWatcher
De-ramping ODX since 44p. Even on new years day hahaha.
Strong Buy GLA
Here's the relevant section from Colin king in full.
"The Company has made good progress towards establishing a lateral flow production capacity of approximately two million tests per week from its Alva facility in Scotland. The completion of that capacity target, and more importantly full utilisation of this capacity, is dependent on the confirmation above from the UK Government. In the meantime, Omega is currently using its own capacity to produce its own tests and following today's launch, the Company expects, together with the test to be licensed from the UK Government as above, to rapidly move towards full utilisation of its capacity of 2 million test per week."
Three things to note
1) "made good progress towards capacity of approx 2M tests a week". Unless you have a rather unusual interpretation of the English language, that means they are not at 2M a week capacity. Given that the gov contract specifically excludes use of the gov loan equipment for anything other than gov tests, then we know that they will only be capable of 2M a week with the gov test included. Other that good ol' sledgey121, whose muffled voice can still be heard saying "2M a week in April" from having his head in the sand, I think that's clear to everyone. You can pick a number between 500K and 1M capacity reserved for uk gov, dependant on how you view certain quotes from Lord Bethall.
2) No timeframe is given to get to 2M. This is clearly because they don't have the foggiest notion which test the gov will select, and if it is not the mologic test, a TT process has to begin. They need the test to be selected, and then they need the gov to raise a purchase order. a good proportion of ODX's capacity is under complete control of uk Gov.
The 2M weekly capacity assumes ODX can full utilise the non-government reserved portion of their capacity.
3) Unless i am mistaken, since the Oct capacity projections graph, ODX has NOT advised at any time what their capacity actually is. Certainly the trading update in Jan did not specify a current capacity, nor did that statement on the 30th of April, merely "good progress towards".
This though ;-)
Strong Buy.
"In the meantime, we're using that capacity (2 million per week) to deliver the following tests:
VISITECT COVID-19 Antigen
VISITECT CD4 Advanced Disease
AbC-19 COVID-19 Rapid Antibody
Along with:
A UK Government-contracted third-party #COVID19 rapid Lateral Flow Antigen"
This needs its own thread
"In the meantime, we're using that capacity (2 million per week) to deliver the following tests:
VISITECT COVID-19 Antigen
VISITECT CD4 Advanced Disease
AbC-19 COVID-19 Rapid Antibody
Along with:
A UK Government-contracted third-party #COVID19 rapid Lateral Flow Antigen"
GLA