Stephan Bernstein, CEO of GreenRoc, details the PFS results for the new graphite processing plant. Watch the video here.
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"Big 6 months coming, with profits to vastly exceed the current mcap. Which means big returns for investors."
Is that a cut'n'paste from January ?
well looks like the UK companies are .... I also feel you could be right on the sales people. These are just distribution agreements they are signing with companies. Those companies then have the choice to choose whichever PCR or Lateral flow test they want to use. I don't think there are any committments or surely sales would have been done.
I can only hope that ODX has a good pipeline outside Covid and things are brewing there. I just came back from Europe and Dubai and there was plenty of options for Covid test kits from other companies from china mainly ... obviously cheaper and inferior but selling definately
I really dont care whether people accuse me of deramping but I want this stock to rise. I am also a realist and frustrated at the continous excuses for ODX ... I ignore the twitter ramps but really hope Colin can announce something in August ... it was again promised in July and nothing
merchant - lets hope you are right. it is why i kept holding as the price has plummeted.
i suspect on award of the gov contract, ODX took their foot off the gas. was it that they didn't feel the need to hawk the product as much? or maybe didnt even want to for fear of being over run by demand? i dont blame their for the gov behaviour but have they been guilty of keeping their eggs in one basket? for too long?
every day that goes by there are more and more competitors - and seemingly able to sell less efficient products. this pandemic won't last for ever- hopefully!
tick tock
The CEO has secured an anitgen test manufacturing contract that every UK diagnostics company wanted and the only other one that got one has been acquired by Gates and Bezos! The CEO has secured a product portfolio that includes one of the best antigen tests in the world and arguably the best antibody test in the world.
Regulation and governments are the roadblock not the company.
IT is clear as can be they are awaiting self test approval before sales flood in for the visitect test.
People can moan about lack of sales until they are blue in the face, and as much as it's disappointing it doesn't change the fact that as soon as the approvals are in place for EU self test, FDA in US and the government chosen test, the flood gates will open for sales and they will catch up on stock piled production. These are the bottlenecks, not the operations of the company which have gone to plan with scaling up capacity and hiring and training of staff.
Big 6 months coming, with profits to vastly exceed the current mcap. Which means big returns for investors.
mr india - agreed the ceo has to take responsibility for the company as a whole and the performance of the individual departments. especially including PR and sales
I have worked in companies where the sales team were poor - failed carphone warehouse types. they were paid a salary and there was no real incentive - they got paid regardless. Although the rest of the team were great and produced a great service the results were dependent on it being sold. the reputation of the companies suffered as a consequence.
my fear is that maybe ODX are suffering similarly. Are the sales team are as competent as Wally brook.....Colin presumably OK ed that particular hiring.
yes things take time but nobody knows how long the window of opportunity as regards covid will be. Are other companies finding it as hard to sell a test in a pandemic?
This was interesting:-
"Avacta is not one of the potential partner companies with a DHSC approved lateral flow antigen test that the DHSC has facilitated discussions with."
RegulatorUK definitely with £200K a year you'd expect a better performance and pr than this, he is incompetent CEO woth high salary
Its not all the fault of the CEO but he has to take responsibility for its poor performance .. thats why he is paid the big bucks. He and you can only blame the market or the Govt for a period of time before PIs lose interest and move their money.
I am sure if you ran this company and continued to see poor performance, you will be put through the grinder ...
Yep...
...lots of idiots, must of whom have never worked in the field, thinking they can run the company better than the CEO and board.
Any criticism of Omega is addressed in this Q&A honestly and fairly.
The future outlook that this maps out is very exciting with substantial upside to be delivered.
If you can't get past the disappointment of delays and see the added value coming here in the next 6 months, investing is not you game.
Only have to see how hard all the idiots are working to spread doubt to confirm where this is heading.