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TW
Agree
It’s all stacking up … Surescreen been enjoying was it £25M a month from the Government
Omega have been getting their cut off Surescreen hence we didn’t show up anywhere
We have been manufacturing the cassettes / Surescreen the rest - we may well be manufacturing 7M cassettes a month? £1.70 if same price as RTC deal @ 50% gross
I am not that hung up on the £2.8M to DHSC after all we have £17M of their kit? We don’t the know the terms of that agreement as yet but it’s not material today.
One last guess, we must have an NDA with Surescreen so Colin couldn’t divulge the supplier other than say it was for a Government supplier
"I am not that hung up on the £2.8M to DHSC after all we have £17M of their kit? We don’t the know the terms of that agreement as yet but it’s not material today."
I'm not hung up on it either, but the lack of payments whilst apparently doing stuff within the contract, suggested the payments were less than what was owed and hence had implications for the volume of the work. However, if the contract is not with uk gov, it opens up different possibilities.
Well we didn’t see this one coming - it looks big news
HUA - EU
USA - potentially
To follow, looks like rerate has started, we get confirmation on either the volume of cassettes of the 2 items above and we get serious rerate upwards
Good day today
What is it, all sell at 52p read you like a book
Buying frenzy today need more days like this GLA
Weirdly I can’t see Omega putting a tweet out on this one - before an RNS
We know how they love a Tweet - has to be an RNS ?
it can’t be to anyone with a Twitter account, must be to the market then they can Tweet ?
The first home grown LFT ? Has to be RNS ?
Material news
keep every ODX and walbrook employee away from twitter, cut their broadband lines, put them in a faraday cage .. no speeding tickets !
Cat out of the bag springs to mind … RNS in the morning:-))))))
indeed Okehurst
UK financial regulatory market klaw states anything price sensitive must be released to the market (as a whole) as soon as is reasonably practical.
i.e NOW !!!
its about fecking time, whether its today or tomorrow
a long long journey, lets see what happens over the coming days, however we can now define soon as days (hopefully) ;)
I was about to email Wallbrooke to see if they want to commebt on this - but I image they will put one out pending as this is new info that we didn't have visibility of before. Cheers
Mentioned earlier over HUA etc
Colin not in control of the news flow at the moment, look what’s happened today in market hours
Could be more good news dropping anytime.
"keep every ODX and walbrook employee away from twitter, cut their broadband lines, put them in a faraday cage .. no speeding tickets !"
amen to that.....can you imagine what is going through colin's mind at the moment!
Can imagine Colin on Zoom to his NOMAD on one side and corporate lawyer over the NDA - which if there has been one Surescreen have well truly made it null & void ?
It’s just the terms now - I guess
yes indeed, please dont contact Walbrooke flashy...
they will definitely mess things up.
i don't even want the walbrooke idiots to comment on the DHSC contract when it begins because they will accidentally create a negative aspect to it, walbrook should be renamed MonkeysPaw
blubutton - Monkeyspaw - I like it.
Dave, obviously your call but I notice that the Dow is up 400 points and FTSE up 100 points possibly on reduced fear of a China meltdown. With the press confirmation that ODX are currently assembling the Surecreen test (hopefully whilst waiting for our own test to be approved) are you reconsidering your position? We have all been there and you may just want to walk away but a £300k loss is significant for anyone - you might want to buy some back, your average will have gone up by 7p ish but if this comes off now you will be kicking yourself.
Oke1 : "Ditto they are comfortable to wait for Mologic biotech to get HUA via visitech"
I think you're onto something here.Colin could well be holding back from committing machines and resources to anyone other than Mologic, the non-DHSC half of the 2m per week capacity at least.It is he afterall who has been at the centre of negotiations with potential partners..he who knows what kind of verbal agreements could be on the table in anticipation of Mologic's approval,.meanwhile he's content casseting i.e. he's waiting to get his hands on a bigger piece of the pie.One way or another,this company will soon be firing up the starting gun and making millions of tests.Just over £8m revenues last year..just imagine how much this figure will rocket by when the orders drop,which they will.