Member Info for DRB83

That imo will be one of many strings the the ncyt bow. They will play a pivotal role in the UK and other governmental early warning systems. Just a patience game here imo

*400,000 people

80% accurate. Great. So on a plane full of 200 people only 40 may or may not bring in the next variant. 40 on 1 plane. Extrapolate that by about 10000 planes and voila, 40,000 people a day entering the country believing they are free of covid when actually who knows. That is the policy we seem to be going with. A 'who knows' policy.

https://www.bbc.com/news/health-58899612.amp
Extract>>>
Rapid results
When the researchers used a new formula for calculating the rapid test's accuracy, they found LFTs were more than 80% effective at detecting any level of Covid-19 infection and likely to be more than 90% effective at detecting who is most infectious when they use the test.

A photo tells a thousand words. They can also tell what ever you want it to tell given the technology we have these days.

A picture as a minimum. Really? Anyone else get the feeling that public health concerns have taken a backseat whilst we focus on the more important matter of making sure everyone gets a good holiday over the next few weeks.

Extract>>>>
The Government statement said: “The Government can also confirm passengers taking postal tests will be able to send a picture of their lateral flow test as a minimum requirement to verify the test result, with the ambition remaining to have this in place for people returning from half-term breaks by the end of the month.”

Extract>>>>
Restoring people’s confidence in travel is key to rebuilding our economy and levelling up this country."

People's confidence will certainly be restored when they realise they caught covid from a double jabbed untested stranger sat beside them on a fully loaded plane for several hours. Breathing, sneezing, spluttering all over you and your family. Lavly jably, well they do say up north, owt for nowt.

Something doesn't sit right with this statement. We have such robust border measures that are working so well that we have decided to weaken them. Errmmm.

Extract>>>>
Sajid Javid, Health Secretary, explained: “Our robust border measures have helped protect the phenomenal progress of our vaccination programme, and it is because of this success both here and around the world that we can safely open up travel further and we can visit friends and family abroad.

Here we go again, LFT'S are now believed to be accurate enough to justify replacing PCR tests for travellers. Next week they won't be. In November they will be. In December they won't be. Can someone just tell us the truth.

https://twitter.com/Daily_Express/status/1448713252809150465?t=ekS-VynBPCKemhEOGKdT9A&s=19
Extract>>>
This new and more relaxed measure comes after it has been found lateral flow tests are more accurate than what was previously thought.

Researchers from the University College London explained lateral flow tests are very effective at detecting the people most likely to spread COVID- 19.

They claimed lateral flow tests results are accurate and should be trusted.

Just reading the first page or so you can start to appreciate why our bod are taking the slow and steady approach. Regulations are being formalised as we speak but will take time and will evolve over the next few months. Each state/country will have its own take. Chill want to be a part of that regulation forming process because that is where one of our biggest USP's is. Chill want to make sure the regs are air tight, which means only the best safest products will stay in the market. This news from the Golden state is a big win and more will follow. Lots of new high footfall shops just opened up. Month on month sales growth has to be happening behind the scenes.

At the height of the 2nd wave in Jan 2021 we hit a high capacity of 817k PCR tests per day. Yesterday, we hit 906k. Could be 1m by end of October. Testing is going up, up, up. Cases will continue to go up up up. Hopefully hospitalisations and deaths won't increase much from here but the sceptic in me says this winter is going to be a tough one.

Nothings known until it's known. Until then prudence plays it's part. Ncyt can still be massively confident that they'll win but until it is confirmed prudence wins.

Second point, I can only assume they are in a constant black out as the dispute approaches the finale. Can you imagine the scandal accusations if a director bought and a week later the dispute was resolved. It could land any day now so can only assume director buys will come flooding in once resolution is out there.

Oxford Nano FY20 = £65m revenue
FY21 forecast to be around £110m

So in line with ncyt for FY21. May I also point out that that isn't massive growth but probably seen as sustainable by the market. Once ncyt show sustainable growth then we can expect to rerate to mid cap. Imo

Tuff raises a fair point. A placing doesn't necessarily have to be a bad thing. £3m isn't a huge amount but it should be enough to grow the MRE at Han****, get started on Brockman and hopefully get some drilling results on EH. By which time the SP and any subsequent placing price will be well north of 0.7. Silver seems the place to be going forward. It should be fun. Wish I could buy more. All imo

Well, at $15 per ounce to mine our EH and Mexico projects look primed. Any guesses for a date range on when an NPV would be available for our Silver projects. Appreciate we will be measuring in years but is it more likely to be 2 or 10.

5x5, from your link, there is only 20 years worth of Silver mining to be done before it has all gone. Interesting

I would expect a new strategy to take anywhere between 4-8 weeks to develop. I am not expecting a strategy update until end of November. News initially may be slow until he gets his head around what needs to be done. In the meantime we'll still be generating £10m per month revenue, £3m cash. It's not all bad.

I don't quite understand how the short term movements in Silver have such an impact on UFO. We must be years away from making a sale of the physical stuff. Why do people need to see a rise in silver price to buy in, or is it just traders like the last time we spiked to around 1.6.

With demand set to grow exponentially as we move into a new era of electric cars, 5G, low carbon strategies, supply won't be able to keep up. By the time we are producing silver could be triple digits. Anyone to the contrary?

Great message from our marketing guru. Did I here him say they don't have to make calls because all the calls are incoming calls. Assuming he means that interest is sky high. Sounds very promising.

Dunc, no way does it mean that ncyt will run out of cash in June 2022. I get you are a conservative poster, possibly a shorter but you shouldn't be posting opinions with such conviction when you clearly aren't sure.

Ncyt have going on £100m in the bank and even the worst possible case on the dispute would lead to managed payments over say a 2 year period.

My prediction is that if we do get a RNS before Monday it will be a Q3 update with some kind of negative tone. Remember it doesn't make sense for them to unleash great news days before a free share grant. It will cost the recipients thousands of pounds. It's a patience game but time is almost up imo

According to gov stats the highest number of PCR tests conducted in a single day was 544k on 8th Jan 2021. On the 8th October we breached 500k PCR tests for the 1st time since the end of Jan. Will we see a new all time high before the end of October?