The Govt10 Dec 2021 12:15
Think many people are getting confused here. We invested money here with ODX not the British govt. Whatever they are up to it is up to the BOD of ODX to look after the interests of its shareholders. They patently have not mainly I believe because they are incompetent. What was written into the contract re the machinery, what was written into the contract about upfront costs, advance payments, compensation payments if the contract wasn`t triggered, minimum orders, the staffing costs etc etc. Obviously they didn`t bother with any of this and the govt have been allowed to walk away. If our BOD had paid attention to any of these really fundamental contract issues then they/we wouldn`t be at this ****show and be sitting on a pound plus. If someone comes to you and said I`ve got a £370 million contract , I`d think great but lets see some commitment from you in minimum orders upfront payments otherwise there`s a massive chance you`d be a busy fool. That`s exactly what`s happened here we have allowed ourselves to be taken for one massive ride and if the buyer has no penalty for walking away then if he doesn`t want the product then he will, ODX have put them in a position to allow this. If they didn`t then they could have concentrated on other commercial avenues which they should have anyway and not mislead their investors.