Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Fantastic thread from BBN on Twitter. The govt doc that accompanied Boris's speech today lays out plans for long term regular testing. https://twitter.com/BigBiteNow/status/1363889270990266370?s=19
Wolves. Free to business til June. All state agencies will continue to get them free (e.g - schools). He's putting some of the cost back on business, e.g - if you wanna open tou gotta buy tests.
So it seems thr RNS did it's job and put the brakes on the excitement. Plenty of holders willing to sell into the rise, probably due to the continued lack of trust that it will actually be delivered and the fact that a lot would have been underwater for a long time and just want out. I get it. But those people are gojnf to regret that decision in the coming weeks imo, the risk has never been so low with regards to actually making money from these tests. I'm happy to wait as there's much more to come from this company with Covid and everything else we all know about. Not quite boom, but boom will come. Soon.
I'm looking forward to the derampers turning up. They would have been waiting for something like this since yesterday evening. One version failed, which means the other didn't. All fits with issues with saliva. Move along, nothing to see here.
ODX will be able to do 2 million a week by April. Abingdon and BBI have been scaling up and as stated Abingdon want 150 million a year by years end, which is almost 3 million a week. AS has stated 'millions' a month from BBI and Abingdon. I would suggest as a bare minimum BBI and Abingdon will be able to do 1 million a week each by April. Plus we have GAD (unknown capacity, but let's say another 1 million per week). That's 156 million tests a year, at £1 profit per test. That's being very conservative. It's likely that Abingdon, BBI and GAD will each match the 2 million a week ODX can do based on what we know, which equals 312 million tests a year. That's just the UK and excludes every other part of the business. You only have to add a p/e ratio of 8 to get to £10, and that doesn't include the value of the IP.
There are no more dots. We are the sovereign. End of. Who else's test are they going to manufacture? If it was Mologocs CE marked one then they would have said it was. Same with Surescreen. There is no other known British company that are linked in with thr Sovereign test. It is us. Finally. Price will probably tank though while the dumbasses are too thick to make the link and the derampers play on thr fears of the nervous as we are not named. It's us. 100%.
I think the muted rise today is a result of all the missed timelines and a lack of trust in the new timelines. The RNS is massive and the enlightened of us can see what lies ahead. Avacta is going to ne huge, you've just got to be patient.
GAD is a manufacturing spin off created by Mologic, but isn't actually Mologic.
"Bedfordshire, UK, 24 APRIL 2020: Mologic Ltd, a leading developer of lateral flow and rapid diagnostic technologies, disclosed today that work is well underway on a new diagnostic manufacturing facility adjacent to the firm’s current laboratory in Bedfordshire, UK.
The facility has been incorporated as an independent, sustainable social enterprise under the name of Global Access Diagnostics, with a commitment to deliver diagnostics at a fair price to both national and international markets."
It's also interesting that other than Surescreen it's only manufacturers that are mentioned by name. The word 'Mologic' is no where to be seen yet they are the owners of the test that ODX and Global Access Diagnostics will make.
Chill people. As others have stated they are just banking profit as they bought in at the placing at 0.45p and have made around 500%. I did exactly the same when we hit 2.3p as my average is 0.58, it's just sensible investing. SP should get a leg up now if they've finished selling but I don't think it'll pop above 3p without further news. We'll see.