Member Info for Chuggley

Doug - at 54 - i too am using a chunk of my SIPP and having lost a fair bit to scummmy Sirius Minerals - i need to make a fair chunk back - and its this and TILS where my hopes lie. Im very hopeful - good luck to you too
Based on the potential sales and the huge capacity increases - i think 300 or even more is very pssoble - but lets get past 200 first lol

Donotpanic - yes we dont need over ramping in one sense - but its sometimes about balance - we've had more than our share of de-rampers with their nefarious objectives (or just no friends) and we've not had the best PR - i point at Finncap - so we all do our bit

Pandy - guess you and he are 2 sides of the coin - whilst he is optimistic you (lookng at your posts) are pessimistic - or at least very cautious - all to their own - accept those that are purposely negative to screw investors over they can - go forth....

I know this is not directly associated but based on this i cant wait to also get an update of sales so far of the Mologic kits

Hopefully Im not completely dumb (although possible) what does it mean/ Supply the components to NHS? Get £10m of components to make the kits and sell at a higher price? or £10m of kits? And i take it it would be for the RTC?

Maybe in this area that can be improved and could be done by a decent PR company. They can have disclaimers - stating these are ambitions and conditional but i think its needed - a simple one sheet prospectus of bullets re - capacity for each product. Possible selling prices and margins. Locations and capacity in each along with potential scale ups and so on. Dont think its rocket science and could take only a couple of hours to compile and agree - would then be a great single source resource and wouldnt do the SP any harm.

Thanks for that - does seem logical and they do have around £3m left to increase capacity - i think it s just rumor to try and scare people to sell

Let us know if you get a response

Dont think its true but who knows in the leaky corrupt wild west that is AIM

Not sure that is true as there was already a placing and they only spent about £1m of the £4m they had to increase capacity - they still have £3 ish left (dont have the figures at hand - maybe MB does)
And i cant imagine anyone adding to that placing on promises when they still have plenty to fill

Im not sure why the keep defending the indefensible.

Aerent many of these projections from Shareholder presentations - werent they the sort of figures that were used for the placing to get people interested - were they true or not. OK they are not ACTUAL physical orders but they are ODX aims

Problem is new investors always see the most recent - not necessarily what they should see or what they need to see. If something has been communicated and its not entirely accurate it should be retracted and a new update shared

Ive forwarded that to Walbook and slapped it on Twitter

I see the benefit - but none to me - as i have no cash spare - not while TILS in doing so well.
And the price improving as it should would benefit as much as buying more - and frankly we should be

Ive seen shares before where people wish the price down so they can buy more - they either carry on going down due to damage or they struggle with upwards trajectory
I just know Id be happier if i didnt have to suffer companies that are meant to be supporting sticking the boot in

No panicking here - just a little disdain for Finncap and Walbrook - imagine where we'd be if they were competent - than imagine where we'd be if they were world class lol
Happy with this and where its going - just a little sea sick

He was previous Chairman who stepped down https://www.insider.co.uk/news/omega-diagnostics-shares-david-evans-13712738

Trilla - Ive just re listened to the presentation from July and there is no mention of us receiving a royalty only - it stated that the Fincap selling price is assessed to be £1.50 with a margin of 50% - negotiations on this are ongoing with the gov and we would then be free to sell into other markets. So think you may have heard wrong?

I watched the presentation and didnt here that stated - ill go aned listen again now - i thought they just stated a selling price and a margin - so if Omega sold 1 m tests at £10 each Omega would still receive £1.50 ? Who would get the other £8.50? per test Does anyone else know if this is correct and how it works . Not that i mind but i never heard that

Its a first order Trilla and opens up the market - its exceptional news - plus not sure it says anywhere we get paid just a royalty for manufacturing - if we sell into the US at £10 per test we get a bigger margin simple - same if we sell commercially to companies - airports as so on

https://www.abingdonhealth.com/uk-government-confirms-order-1m-covid-19-rapid-antibody-tests/