Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Do you mean 3-5m tests per month ?
Labs charge approximately $120 per PCR test.
Consumables like RNA extraction and beads - $40 ($15 for our bead)
Labs and labour cost - $40 ( i guess)
Total cost to a lab is $80 (BC proft is $40 per test)
IF BC sell 100 million of our beads, that would mean 100 x 120 = 12 billion dollars of revenue for BC?
Approximatley every 10 million we sell means it is Billion dollar to BC
So I'm expecting in the region of 3 to 5 million tests sold in a month.
Not trying to deramp - just being realistic
I hope so long shot
When the announcement lands, it will change everyone’s life here and I’m really glad about that. Truly life changing money for everyone
Well 600m in the bank and a P/E ratio of x 4 I wonder what sp that gives :p hint hint lol
The UK was never DB's target.....
1/50th of package already puts it at 1 billion revenue , the unrealised potential here is insane , truly insane
think we are going to get a lot more than 1/50th of pie considering bc is selling our product , could grab 10% upwards of the pie
Hi JCeorge,
Six weeks ago Our SP was at 38p, we are Now at :
Market Summary > Genedrive PLC
132.00 GBX
+7.00 (5.60%)
8 Mar, 09:56 GMT
Follow the Money !!!
Great Times ahead for All GDR Shareholders - Remember why we Invested !!!!!
fyi 1m sales would be a drop in the ocean of course. im sure everyone here is expecting at least 100m tests to be sold, that would be 1/50th of the pie up for grabs and 600m in the bank for us imagine our sp then.
Hi Fly_bird,
CNN Latest News:-
KEY POINTS:
. The Senate voted along party lines to approve the stimulus package.
. The Democratic-led House now plans to vote on the Senate legislation Tuesday so that President Joe Biden can sign it into law early in the week. (To me Early this week, is Like by COB Wednesday, But things can slip, for sure) ?!!!
. This avoids the complicated step of trying to sort out differences between the two chambers in conference committee.
. House Democrats are expected to have the votes to pass the Senate bill.
. President Joe Biden expects people to start receiving stimulus checks this month.
personally i dont think its going to be underwelming at all. our market cap is pathetic, could sell 1m tests and it would raise our sp :d
@ BigAL. The bill "has been passed" however the senate changed the bill - it is not the same bill that the house passed, and therefore it must go back to the house for voting again. I believe that is scheduled tomorrow, with signing at Biden's earliest convenience thereafter.
I think the SP is an interesting one - I don't really want GD to feed the speculation - I would rather have an SP that grew with certainty, and didn't jump up and then slowly decay as the hype of the moment went somewhere else. So I'm not sure what I would expect them to release. They could tell us how many units they've shipped, but that doesn't mean they've sold them. They might not "know" how many BC have sold, or at what stage sales are at etc (I'm sure they do man to man, but the NDA is in place I belive). I'm mostly happy with my assessment that this is being marketed quite hard and it's a good product, and at the latest there will be large clues in the last week of march.
Hi Paulbo,
I thought that now the Bill has been passed by the Senate, it is passed to the house Today, for the House Consideration, Debate, and Vote, to make the Bill Law ?!
Maybe tomorrow, But I do not see why the delay, after all the Bill has been Passed !!.
Once the House has Considered and Debated and Voted the Bill in as Law, the Democratic-led House then plans to vote on the Senate legislation, on Tuesday, so that President Joe Biden can sign it into law early in the week, (Wednesday).
This is the Planned Schedule as I understand it ?!!!!
big al, isnt it tomorrow it goes back to the house? happy to be proven wrong on this though
Hi Jaceorge,
The Hint is our Distribution Agreement with Beckman Coulter ++++ The Biden Stimulus Package, including $50 billion towards Covid Testing and Automation etc !!!
BC have partnered with Genedrive because we have an Exceptional Product/s, that works with their Robotics System !!!
In Investing in AIM, in Particular, You Will Not get a Better Hint !!!! IMHO
This why You and I, and the Rest of us are invested in GDR, I am sure !!!!!
Patience will prevail. :-)
Just time now, Beckman completed an extensive evaluation of the GDR test on their platform, the result of which was a distribution agreement to sell the product to run on their platform. It is now just time to install customers and the US and EU represent the two largest markets for us... figures will soon come, I suspect an announcement on first sales shortly!
Yes the US budget figures are frightening.
Genedrive is well placed to supply much needed support.
Can we finally break 1.50 this week!
Signed Off by the Senate = Done !!
Goes to the House today to make the Bil Legal !
Biden's Desk for Sign Off tomorrow (Tuesday) !!
Biden Sign Off expected Tuesday Afternoon/Wednesday !!!
$1.9 Trillion - $50 Billion for Testing and Automation etc !!!
Can we finically break 1.50 this week
Expectancy is earliest tomorrow, possibly Wednesday
When is this official signed off? Today?