Member Info for Cebo-456

Correct, we may also see investors or II's using this to build a position knowing that the Company are now fully funded for the next couple of years. It will also mean that they can now press ahead with the planning, FEED, JV's and debt to get the plants built.

Roy, it will depend on your broker but is relatively simple - that said, the shareprice will likely dip close or touch the placing price tomorrow so you should have no issue buying on the open Market. The way the SP dropped after the news suggests that a raise was expected so not a big deal here and should set a bottom of 8p to build on for the next "24 months". Sensible that they are raising at this level rather than where it was 6 months ago which would have resulted in a much larger dilution.

Jet2 MOU or news on funding needed to take those past this months recent highs of 17p. That said there are a load of other airlines that will need SAF to get anywhere near the regulations.
I still wonder if we will see some entity coming in with a T/O offer - the IP alone surely underpins the MC, and the Japanese have already had a very good look at it - including using VLS technology SAF (50% mix I believe) in a comercial flight.
Interesting times.

Convb, you really are a complete tit, no company will disclose commercially sensitive details on contracts like you are pretending you need- and why would they - the next Airline/producer will negotiate different terms and will not/should not be privy to that level of fetail on previous deals.
Now no one should be basing their trading decisions on BB losers posts, but it is well worth checking out posters history to get a jest of their agenda, some show they call it wrong time after time.

Or not as the case may be.

Deej, waiting till later may pay off, but those that procrastinated 2 days ago are paying a lot more. This is now big news in America at the top level and II's, possibly even large O&G Companies, will be looking at this over the next few days, even if just to get the Green tick in the box. A TR1 Monday morning showing one of the big boys taking a position would put a rocket under the SP.

Ells, shame you and a few other losers can't buy any because here are a few facts.

The deal is potentially worth over $60 mil to Val.
First payment due next month.
Monthly revenue from consultation services linked to the licensing agreement and to facilitate TT.
Fully funded this year and next year.
More deals to follow, possibly again with KS and Co.

Remember the backers, prior to releasing fund to TheoremRX, will also have done the DD on little old Val. With a sub - £25M MC they may like it too much.

That should now read 21 Nov for the deal to be signed sealed and delivered - not Dec - Work it out chaps. :-) .

Late December will be when we see the deal signed, sealed and delivered - those speculating that it will be earlier will be wrong.
Now although Suzi never categorically ruled out raising money, she did say that their was no need as they were funded through till 2023, and any raise would only be if something was offered that they couldn't turn down and only then if shareholders agreed - or words to that effect.A lot on here spouting nonsense both ways - far better to save the questions for Suzy and the team at the soonest to be announced Q&A session which will take place in the next week or so. -s o this can go two ways - 1 (most likely), the deal will be signed around 21st Dec, the SP hits 50p. or 2 (Unlikely, but possible), the deal is off and they walk away, the SP nose dives for a while and Suzy looks for another suitor. Risk reward here stacks up IMO, Q&A session will also clarify a few points no doubt.

Tecbadger. - how could or would anyone come to that conclusion. The RNS clearly states that DAM have exclusivity to use and sell this in over 100 clinics in UK and Europe. Given that they have 40 odd in the UK and only 15 in Spain that offer LFT tests, I suggest that the "100 +" covers outside just the UK and Spain - and why wouldn't it.

Antanasoff. The only rumour you need to worry about is the anyone is taking you seriously . - if you do not know the status or types of approval that ODX have applied for then you obviously are as clueless as you sound.
Bit, FWIW, yes FDA approval is for P-use. We have already CE marked for proffesional use and can sell into the EU through DAM, just awaiting the CDTA tick in the box to sell them the UK as well. This is just a tabletop exercise and shouldn't drag on, after which DAM can sell and use them in the UK.
CE mark for self use is the big one here - the Government cannot order anything or trigger the 370mil contract without it. All three could come anytime.

Not invested here but I doubt very much it will drop anywhere near the 20s. Good news of the TT with Avacta or orders and it could easily treble from those levels.
This is a huge discount to the IPO at a quid, are investors expecting the Company to do a placing or is it the GLP (who are a bunch of mis-fit chancers, in my opinion) action that has spooked everyone.
FWIW, I am not invested here but very tempted if it does drop any further so thoughts welcome.

Turner Pope have just released their Research Note for LST - very positive and well worth the read.

With TheiremRX wishing to stay "under the radar" pre funding - this deal will have recieved zero coverage across the pond yet - apart from the entities involved in their funding, and it could well be them that are buying in large chunks here.
Suzy also mentioned yesterday about their scientist being aligned with Val's - it sounds like this deal has a lot more than meets the eye.

She did a short interview yesterday. But if you follow her on twitter then you will know that they a planning a Live investor Q&A session (later today or tomorrow???). Suzy tweeted that she was delighted with the deal after the RNS - I think she expected the SP to rise yesterday not fall.

Well, I took a position here in low 30's before close yesterday. Not sure what the SP will do today but after listening to Suzys short interview after hours last night I think there has been a huge misunderstanding or misinterpretation of yesterdays RNS - I look forward to the Q&A with Suzy - open questions from shareholders, live and pre-submitted with Camera's on as promised on Twitter last night - that sounds like a CEO that thinks this is a very good deal for the company. I expect a rise once investors properly analyse the potential here but you never know - any drop and I will look at adding.

Looks like exclusivity is both ways - this however is only for the professional-use VT test, not the self test version.
Also for those pointing out that DAM healthcare have only been using 200k LFT's a month - remember that that was before the rules changed on the 24th Oct allowing international passengers to use LFT instead of PCR tests.

It may be through Rose Tinted glasses but I do not see Colin signing away exclusivity to DH without either the margins being very good or some decent projections on quantities going forward - as always the devil is in the detail which for obvious commercial reasons we will not be privy to.

HUA is still the key here. With or without the HMRC contract (and the RNS indicates Colin is still confident on that front) then it looks like ODC will sell all they can make. In fact provided DHSC allow ODX to use the Gov sponsored manufacturing machines (and why wouldn't they) then selling the Visitect self use tests through DAM and others may be a lot more profitable than selling to the UK Gov.

A few muppets posting on here this morning that obviously, despite their claims haven't a clue about the industry. Those are Exon drills, JHI have an interest but will have next to zero say in selecting drill location, analysing data etc, and thats the way it should be- Exon are the experts . WTE are not even at the table.
Those drills are not WildCat drills as such but are still Exploration drills, not appraisals, so the CoS is still relatively low. Most would or should have worked out that a successfull drill would have doubled the SP with a duster dropping it below 10p - High risk, High reward.
I suspect that this has been slightly overdone and will settle around the 9p level later this week or next as the longer term investors buy and others realise that WTE are funded and carried for a few more drills to hit the jackpot.

Released 10 mins ago, getting close to the 30%, whatever you think about RB, he is a shrewd operator. Does ge have a buyer ????????

Phoebus, I think the ECO price drop is due to any drilling on Orinduik being unlikely before 2023. This has probably had a knock on to WTE who interpreted the ECO drop to be Sepote news related.
Day 60 of the Sepote1 drill scheduled to take "up to 60 days" is Tuesday or Wed, so fingers crossed for news this coming week.