Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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@Dave77
a gentleman's post
thanks
Great to see, lets hope the start of positive times, sun is shining, enjoy the weekend, GLA.
Looks good for Monday! Good rise expected, WD those who held.
Could be a mega few weeks ahead if news keeps coming.. the virus is gathering pace again in many places around the globe and testing we be required for years to come.
Agreed bigbench, a tiny bit of this pot will do wonders for the company's (already debt free) finances whilst we wait for FDA and other product news, no?
Well either way it bodes well for our tiny Mcap... double / triple bagger here soon
assuming this is what we think it is
Obviously the % share of the 3bn will vary immensely from one contractor to another, however taking an example whereby all 112 contractors received a minimum of 10 million each (total of 1.12billion,) that would sill leave a massive 1.88 billion to be spread disproportionately to the 'biggest winners' so our share could be significant, even if it's a much smaller share than other contractors receive.
4 year framework sounds good
Definitely says awarded:
https://bidstats.uk/tenders/?q=Genedrive
Rns inbound...
@Heimlichlll, @stephen11, Sorry, my mistake, I thought it was 1billion contract. So, just as you say Heimlich = 26,785,714.2857 (divided by no. of years/length of Contract for annual figure.) Even better if it were equal shares for all! Let's hope gov chums dnanudge don't get 90% of the 3bn!
That’s incorrect. Evenly spread its circa £26m each
@stephen11 = 8,928,571.42857 It won't be evenly spread of course, but if it were, that would be the share and of course it would need to be divided the no. of years covered/length of Contract, to give the annual figure.
that is very true Rbr08 but DB specifically said in invest briefing that we had not applied for UK gov funds for POC due to its current stage of development.
This to me means NHS will be using GDR PCR Covid-19 tests
possibly for use on Beckman's kit as they appear to have award too
The interesting point to note is that based on the below, our POC kit can still be included:
"The scope of this Framework Agreement covers Goods and Services that are subject to rapid and frequent improvements, advancements and new scientific and technical developments.
Therefore, to keep this Framework Agreement in line with the latest market and scientific developments so as to ensure that patients and other end users have ongoing access to state of the art diagnostics for the duration of this Framework Agreement successful Suppliers will be able to propose new and/or updated Goods and/or Services to be added to a Supplier’s range under the Framework Agreement if one or more of the following circumstances apply:"
Lol Steve , Anything is possible , 50 k or 50 mil , let’s wait and see ..:-)
You may well be right @Cwalsh. I just can’t see where this isn’t a contact award. I firmly believe we’ll have an eventful 3-6 months with this share.
Kind regards. Mr Tennis.
It's a crude estimate, but what would 3 billion divided by 112 be?
Lol...my iPhone calculator doesn't go to nine zeros!
GLA and let's hope for RNS confirmation on Monday.
@cwalsh thanks for info
@Mr Tennis , As far as I know POC is still under development, We will be part of Surge and genome testing if I am not wrong.
@grim , primedesign is nothing but NCYT , so techinically NCYT there too.
Perhaps it’s a contract award for the new POC kit?
Kind regards. Mr Tennis.
nice more to go round
@grim , 141 tenders received and 112 selected according to bidstats.
Number of tenders received: 141
The contract has been awarded to a group of economic operators: Yes
Anybody with NHS or Gov back ground know how these things work?