Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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5-10 million tests a month as of today.
Potential to move into tens/hundreds of millions a month in near future
Re scale up.
And this is likely the "meat on the bones" that FinnCap needed to finally move it's target price.
It is clear that they are preparing for a scale up on levels far higher than we have been discussing here. It is also clear that there are many parties involved in this process (NDA's confirmed).And not just re LFD's.
Well luckily he's given you al the answers as to why its been slow Gazza4u - he's also confirmed NDA's are in place so there could be a lot more going on behind the scenes that will expediate this once those hurdles are overcome.
Believe it or not it takes time to bring a world changing test to market. We don’t want to rush it and be useful for a month or two before a better test comes along. Let’s be that better test.
Pilot Batches "won't be too long now"
Lay user study for consumer use can run partly in parrallel to save time. Somebody called this over the weekend, well done to whoever posted that.
Couldn't be more professional, from concept through to end product, sit on hands time, but this is going to be the benchmark for lft, when it arrives, won't be too long from the horses mouth.
Going to Q and A
Travel light signing off
This man is a class act not just compared to some of the cowboys that head up AIM companies but he wouldn't be out of place in a FTSE250 business.
Pilot batch is a process.
10,000 units
Soon as ready timing will be given
Stressing tech transfer is done right so that clinical validation is smooth
Robust reliable words used
Liverpool design end user testing for consumer
Trying to work in parallel
All good EXCEPT timing!
Everything seems so slow .....now talking November so more validations needed etc etc - exciting but slowwww
We are going to rule the world!!!!
It has just been confirmed there are non-disclosure agreements in place "stricly confidential". There is clearly a lot more going on behind the scenes that we know about.
Webinar perfection, all positive in my eyes.
looking at manufacturing in SE Asia...wouldn't be doing this is they didn't think this was going to be a huge player
Others looking at oem deals
Increased affimer production soon ready
Plus external partner
Affimer not bottleneck
Bbi Abington 7’al million tests per month
Need to upscale
Overseas capacity needed
Asia SE Asia ... quality due dillagence
Governments and authorities BUT CONFIDENTIAL
I couldn’t give a toss if this fell back to 50p!!!
What a company
Yes jdt, and it shows how many tests can be sold even with just the initial CE marking for professional use.
Putting in place manufacturing overseas, mainly Asia and SE Asia
...AS is basically talking about winning a large part/all of the 120m per month market volume for LFT, in the UK, or elsewhere, that he see in view.
"scaling up production in November inhouse .. Hinted at UK-based manufacturing partner.. . Does not think Affiner supply will be a bottleneck factor. "
Will confirm "very large contract manufacturing partners" !!
'Detailed discussions with governments are ongoing but are strictly confidential'
Agreed hants. Looks like initial capacity will be fully taken up by the testing stations / hospitals / care homes etc where they have a professional on sirte do the test. Reduces PCR testing needs which is an absolute shambles at the moment as we know. Great news