Member Info for davidpqz

My point was that if the cost of extraction is above the price per barrel, you're looking at a loss making company which is why banks are no longer funding fracking projects in the US. I guess steam flooding could well be an expensive process similar to fracking.

I'm new here and would appreciate some info. What is the dollars per barrel extraction cost and which is the most relevant benchmark price figure for heavy oil? Thanks.

Part of the evaluation of any company that you're thinking of buying is to try to evaluate its competition. The lack of critical approach displayed by some on here is truly shocking. Any comment which tries to get an objective evaluation is branded as being from a short seller. Many here will have lost a lot of money on Vialogy. They might not have lost so much if they had had a better idea of what software the oil industry was actually investing in. I'm not deramping I'm just doing what you should be doing which is to evaluate what's on offer - that's why I don't have to hide behind a psuedonym. Duh!

From Premaitha's website:"The IONA® test is the first non-invasive in vitro diagnostic product for prenatal screening." From Mark Collingbourne CFO Vialogy in response to my email on Premaitha's website asking about competitors: "I am sure you appreciate that the only information we can give out at this time, is that which is in the public domain. I would refer you to our website www.premaitha.com and the admission document which can be downloaded from www.vialogy.com. " Oh, and here's another one: http://www.downsyndromenipt.info/ which makes three companies already offering NIPT for Downs syndrome that I've found. Vialogy had a high tech product which wasn't taken up by the market. However, the news flow always seemed to be positive. Is history beginning to repeat itself here?

This kind of testing is known as NIPT (Non Invasive Prenatal Testing). There are already two NIPT tests available - Harmony and Panorama(http://www.ariosadx.com/company-overview/ and http://www.lifelabs.com/Lifelabs_ON/Patients/TestInfo/Special/Panorama.asp). As I understand it, these tests are available privately while the Great Ormond Street NIPT evaluation for NHS suitability completes in September. Does anyone know what distinguishes Premaitha's offering from Harmony and Panorama?