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I'm sorry boys but a 1bn market cap is absolute fantasy at this stage. On debt being sorted, buy in from BOD or institutional and being profit making we can expect a doubling or tripling, but making it into the 100s of millions or billion market cap is nowhere in sight. I'd be a multi millionaire if 3.4p occurred!
I think Boris has the heads up the pilot batch is complete and the LFT trial starting next week involves our test (and others). If that is the case then validation will be done quickly due to the amount of cases in the affected areas. RNS Monday morning confirming tech transfer and commencement of validation IMO.
Agreed. I think it's unlikely we'll go any higher than 0.02 this week unless they reach a favourable financing deal. Medium term I still expect to see 0.03 - 0.05 if they don't make bad choices. I hope I'm wrong and it flies, but it's not the right time yet IMO.
Guys, literally nothing has changed other than they are now getting 100k a month instead of 50k. All of you who were positive for the last 5 days and this morning are all of the sudden doom mongers. The risk hasn't changed. The financing and issued share capital is the same as we have been expecting since last weels TR1. Yes I would have expected the SP to rise today based on the good news but clearly all the market cares about is the financing, which is fair enough. Legacy issues are being sorted slowly and unfortunately until these issues are sorted the company is a traders dream, which means the SP will act irrationally. Chill out and wait for the finance to be sorted. Will there be a raise as part of this? Possibly. But a traditional raise isn't the end of the world - all companies do it. The key bit is what will any raise be used for. If it's just for working capital then that's a massive red flag, but I would suggest with the new 100k a month fee working capital is covered. I still see considerable gains in the next 12 months if tjr BOD make the right choices.
I don't filter people cos I like to hear the other side of the argument, even if some of them have an agenda for talking a stock down. I like to keep an open mind and weight it up.
MF (Egbert) - you are obsessed with Myles Mcnulty. You constantly ramble about him as if he is the only person in the world capable of doing research, then when he puts out a bullish update you still moan and be negative. If you're not happy with the progress then sell mate. It's pretty simple.