Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Https://www.digitalhealth.net/2023/10/nhs-england-launches-300m-tender-for-new-digital-pathways-framework/
The £300M contract begins on 24th January 2024, it was advertised for tender on the 18th October 2023.
What is interesting here is that Kanabo bought the GP service several years ago and have spent all the time since acquiring it, integrating it into the NHS, and concurrently expanding its telemedicine operations into a network of over 4000 pharmacies, so it now offers a seamless service from online GP consultation to prescription access.
The GP Service cost KNB circa £15M, and a further 2 years of development to access full NHS integration.
I suspect they could be well positioned for a successful tender, and it seems more than coincidence of the sudden interest in this stock.
Let’s see how things move on January 3rd.
I thought I’d start a new thread with this rather massive headline.
The poster ‘Nil’ gains credit for finding the link, well spotted indeed.
The GP Services Online was already integrated in nhs when kanabo acquired, it’s shame Uk investors under value potential of online gp services when nhs already crippled to meet demand and rest of world specially US has billion dollars companies who are going digital only GP services.
Certainly GP Service Online will be top contender for this contract due to two reasons…already deeply integrated in nhs as well as Uk pharmacy echo system and second it’s local company so less regulatory concerns…
Regardless of this contract kanbo we’ll position to exploit market in alternative medicine, in case 300m contracts lands up it will be historical share price ride in LSE due current company valuation and contract size
Fingers crossed
When Dan Poulter stood down as none executive director I thought to myself, is that job done Dan, have you steared the company through all the regulatory hurdles in preparation for the GP service taking on the role of the NHS online. After all he is a conservative MP and a doctor. Heading into an election year the Tories will be looking for all the good press they can get, whoever gets this contract it will be something for them to claim as a significant achievement.
Well let’s hope the government have learnt their lesson and not dish it out to all their mates this time.
I think you hit the nail on the head, that is exactly what this is if KNB gets the contract. I don`t like it but you might as well play them at their own game. Politics and business should`nt mix IMO but why should all the gravy go to those in the club.
Well, we've had no news of KNB applying for the tender so that's a non starter at the moment. But you never know, that could change very quickly.
16th 0f November was the cut off date. Why would they RNS the fact they have applied rather than wait for confirmation.
This is what KNB have been working towards for the past two years, I cant find any other UK companies which are in the same position. Particularly as they have the vape pod which solves the medical cannabis prescribing. Obviously not a given until we hear it from the company but I would say they are very well positioned.
Well, we've had no news of KNB applying for the tender so that's a non starter at the moment. But you never know, that could change very quickly.
Smaller Companies would not RNS every potential contract they tender for, there’s a cost attached to each RNS announcement if the Company has subscribed to a ‘pay as you go’ RNS service.
It seems more than coincidental that there’s suddenly been an enormous surge in stock trading activity especially at a time of year considered to be one of the quietest periods between Xmas & New Year.
This has certainly piqued my interest, either way the news is likely to be to the upside, unique CE marked metered Vape-pod or £300M Contract announcement.
Agreed ..watch out my original post where i provided
Video link , where GP Services CEO talk about they are tech platforms and they are in process to roll out b2b players who need this tech. Plus he also mentioned that nhs approved their tech and be rolled out in nhs.
So most likely they have applied, though not sure they can get it,
Large volumes on festival period without news sp gone above 130% which can’t be justified unless there is something big coming up
Could the £300m NHS contract be split among a few providers? Either there is a positive news RNS, and by the way, the RNS cost is between £150 and £350 so not an issue, or there is a "we know of no reason for the sp rise" RNS and we're back to 1p!!!
I’ve also read this to be potentially split amongst a few providers. Great work Nil finding the information.
Looking at trades, lots of small ones and no stand out big ones. Crazy for such an increase on no news and as mentioned, typically quiet period. Next open will be interesting.
Hoping this isn’t a pump and dump.
It was over 50p a while back, I think we’ve had the dump.
It’s great to see the sp moving again however it still annoys me if there has been a leak and news is imminent.
There is competition but who will get there first
1.5M traded already so I expect to see this move up again today, hopefully some consolidation around 3.5p.