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And remember on Jan 10th (RNS day) Oil priced at $76, and we were happy with Oil discovery 150B - 190B (to be confirmed - maybe even more) at that price. now up a further $15 and potentially much further to go.
If only 10% is recoverable (15B) and we make $10 profit from each Barrel that's $150B revenue ($15pb = $225B).
Many calculations could be made, so better stop dreaming and wait until official figures known.
Scientists in the UK and abroad are closely monitoring BA.2, a sub-variant of Omicron.
At the moment there is much that is not yet clear.
It appears to have a growth advantage compared to the version of Omicron, BA.1, that has swept the globe. Analysis by the UK Health Security Agency suggests it could be substantial, although there is a risk of over-estimating growth advantage in the early stages.
What we know is that it is certainly growing as a proportion of overall cases in the UK.
Because of a quirk in how it shows up in test results, we can see the numbers of suspected BA.2 doubled in the week up to 24 January.
But at that point the sub-variant still appeared to account for less than one in 20 cases.
That contrasts to Denmark where it has become dominant.
A preliminary assessment by UKHSA did not find a difference in vaccine effectiveness, although it said there was no data yet available on severity.
But it is worth noting that Denmark has seen similar trends in terms of hospital admissions and intensive care as the UK has, suggesting BA.2 does not mark a sea-change in severity.
And even if it does become the dominant version of Omicron, it may not actually alter the trajectory of the pandemic in countries that have seen a big wave of BA.1. That’s because there could be cross-immunity – an infection with BA.1 could offer some protection against BA.2.
It is one for the scientists to watch, rather than for the public to be alarmed about at this stage.
TEST, TEST, TEST -I can see Europe not taking any chances
A sub-variant of Omicron, known as BA.2, has now been detected in 57 countries, the World Health Organization says.
The first versions of Omicron - BA.1 and BA.1.1 - still account for over 96% of all cases of Omicron that have been sequenced, the WHO says in its weekly epidemiological update.
But there has been an increase in cases involving the BA.2 subvariant, which has several different mutations from the original including in the spike protein.
In some countries, the subvariant now accounts for over half of all Omicron sequences gathered, the WHO says.
Several recent studies have suggested that BA.2 is more infectious than the original Omicron variant, but the WHO stresses that little is known about the sub-variant and more researched is needed to compare its characteristics.
https://www.bbc.co.uk/news/live/uk-60212641
How much PROFIT is there is a Barrell of Oil?
On 10th January (COPL Confirms Significant Oil Discovery - RNS) Oil was priced around $76. Though somebody on here worked out that after all Charges (Land/Equip/JV etc) profit could be in region of $5 - $10 pb.
is this correct?
I'm guessing that as Oil Price now $88 this will increase (possible shared if we have a Partner).
Most people i know that test Positive, just stay at home and LFT daily until a Negative result.
They don't / don't bother to report it, and therefore I think the daily case numbers we see are much lower than reality.
So if the DHSC contract has a NDA clause in it, and the terms of the contract have been broken (not saying who is to blame) why is the NDA still relevant for general (other business) news? and how long does it last for?
I'm sure we must have a fair bit in Inventory/Equipment/Kits/Premises that have a good asset value as well as a healthy Cash balance.
+ now at the end on month we should have 4m,5m or 6m being banked for January Sales.
Globally, our test market place customers are growing.
10/01/2022 - Operational update - Barron Flats Shannon Unit
The Barron Flats Shannon Unit continue to perform beyond COPL's initial expectations with crude oil production running at around 2,000 bbl./d The increase in production since the asset was acquired is due to the enhanced gas injection program which commenced on April 1st 2021....... more
https://ca.finance.yahoo.com/news/canadian-overseas-petroleum-ltd-copl-070000571.html
Majority of voting shareholders gave agreement for the company to do a Share Buy Back at the last AGM (and the one before),
so why not action it at these price levels?
5m shares = < £9m
We are now collecting Omicron test/kit sales revenue over these next few months, so our cash balance should continue to grow.
Omicron had only been known to us for 3/4 weeks before our Year End.
I would think the Sales revenue for these enhanced tests / test kits Sold in December (and onwards) will only start coming in nowdays.
So hopefully Bank Balance will look even healthier.
Updated a couple of days ago..
https://www.gov.uk/government/publications/assessment-and-procurement-of-coronavirus-covid-19-tests/national-standardised-test-performance-process-for-manufacturers-of-sars-cov-2-virus-antibody-tests
[Ref: HappyDays2U - ABDX BB] but relevant to us
With most of 2021 either "Locked down" or "In Restrictions" or using FREE Test kits, 2022 opens the opportunity for massive Sales to
" a noticeable increase in demand from the private market for COVID-19 testing in travel, sport, film, media, and workplace settings."
Millions travelling in & out of UK, Millions at Sporting Events, Tens of Millions at Work and School/College/University.
Then add in GLOBAL demand.
Once the next new variant establishes itself then watch the ripples in this testing pond spread out.