Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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And when it becomes apparent that this was a hype like omicron last November, or that we’ve not capitalised in any way it will not hesitate to drop our SP like a stone faster than it rose this week
If we had a decent 2022 outlook and a post covid strategy, and a proactive board, this weeks rises would still have happened as it’s an independent speculative event, but could have taken us to £2-2.50. As it stands, the market is still pricing in the fact that other than covid, we have absolutely nothing.
Ted, that opinion hasn’t changed. I know we have seen an avalanche of posts here today and a load of new posters but nothing has changed from the perspective of the company and the board, they’re still a shambles. We’ve had two days of great rises purely based on speculation in the markets due to china’s covid situation. Nothing from the company, whatsoever, has influenced the rise. Even my most ardent haters can’t disagree with that.
Over 1700 negative posts and counting. Getting desperate now PIlock.
PI100
Posted in: NCYT
Posts: 1,716
Price: 80.00
No Opinion
RE: 43% up now WOW !!29 Dec 2022 19:53
Why not look for proper companies to invest in or funds? You know, we know that this is an absolute dog.
Hi Larry, thanks for the heads up with Microgen. If you look on the Eurofins website several of their UK food testing labs use Microgen products for testing , a good example of this is the Grimsby lab. These labs have recently received their yearly UKAS accreditation which lists the tests they use . From what info is available Eurofins did have a lab that tested Biopharma Products a short walk from Microgen Bioproducts in Camberley . This appears to have closed sometime this summer. It looks very much like some sort of deal was done with Novacyt to preserve the supply of tests that Eurofins labs are using. Possibly some of the staff from the Eurofins lab could have transferred to the Microgen site, just a thought.
At the end of the day this is completely at odds with the statement in the rns that said Lab21 and Microgen Bioproducts were discontinued and ceased trading at the end of June. It looks like another paragraph of info was missed out of the rns .
https://www.eurofins.co.uk/quality/
A £12 sp would be very nice. Hope you’re right!
I think it’s very likely, like over the last couple of years, each country will stipulate which test will allow entry. That way no sub standard tests from spurious suppliers would allow Chinese travellers into other countries.
hny everyone
£12 by xmas
The price to book ratio on this stock is very low, I calculated it to be in the region of 0.63 (from the June interim results). Hoping Novacyt will have more sales in the new year and finally clear up the dispute. What an amazing trading day to finish the year and wishing everyone a happy new year!
Hurtle is correct.
Even the pcr inventor Kary Mullis said it is all down to how we interpret results which is determined by the ct number.
https://youtu.be/S_1Z8cSXI-Q
You was only 70% out….
Maybe keep your negative predictions to yourself in future ..
milan reported that 50% of all arrivals from China on two flights tested positive for Covid-19.
Yes mostin. I was wrong, hey ho. Not sure what more to say.
The government have said that 20% of Chinese will be tested on arrival.
No doubt we will find out how reliable their tests are when 75% will be found positive !!!!
Hopefully Nova will be doing the tests.
PI100 (aka PI101), didn’t you predict -30% for today?
That must be the worst prediction I’ve ever seen….
Delighted but still 72% down so no champagne just yet.
This will go bananas. And remember. They have more cash than the market cap currently!
They are now
Uk has probably got a couple of thousand containers full of out of date Chinese crap they willl bring out for us minions as usual
Tilly
The uk isn’t testing (yet ) careful
Who's going to end up paying for the 14 day hotel quarantine?
Muggins, that's who!
but you can't say what, which should be much easier than saying something meaningless.
Saint & all
No worries dude & 40% today was a Broadside & perhaps trajectory north next week with worldwide testing snowballing .
Spain now jumped aboard as likely will majority of Europe & the world if any sense .
https://www.bloomberg.com/news/articles/2022-12-30/france-to-require-negative-covid-tests-for-passengers-from-china?srnd=premium-europe
Many stocks have been leathered since the war situation started including Covid related stocks so any stock phoenixes rising from the ashes in these volatile & nervous markets are welcome for investors .
Good luck & Happy New year to all