Member Info for DRB83

Can't help but think GM has given up now and will do as he pleases. Sooner we get DA in the better.

250mt is top of the range I suspect but yes it could be. I am estimating a mid range of around 100mt. Still it makes it 5x the size of Han****. 20p per share. Then add in EH. Mexico (3 projects) and let's not forget Greenland. I guess the market won't wake up until it has 100% confirmation that the resource is real and workable. The key is to make sure you are well positioned for when that happens. Building when I can.

Imagine if all this time GM has been playing hard ball wanting 100% and not budging. Then DA comes in, gives them a 25% bone, shake hands and move on. DHSC say, this guy's a lot better to deal with, let's lock in more of this PROmate. £50m this time.

I'm dreaming but you never know.

What I love about UFO. Han**** is a beast for us. Potentially worth north of 4p per share for us. Brockman will make Han**** look like a pussy cat.

Imagine having a 50kg ball and chain around your neck that you constantly have to lumber around with you as you try to get on with your daily chores. That's the affect of the dispute.

Ignore the trolls Steve. They'll go back in their box eventually.

I did wonder why it showed 3.2m sequences analysed if it was indeed new. Would have been more curious if it was say 100k. If they have been analysing it from the beginning, why add it in there now I wonder?

One of the main reasons I bought in here 12 months ago was the functionality of Winterplex. It never got a look in last winter. I have a feeling it is going to be highly sort after this winter. Price should be more affordable also 12 months on. Watch this space.

Yes more good research. Thanks. It also supports a tweet from ncyt recently about Sickle cell. They're thinking more and more about non-covid. Maybe a good shout to use a proportion of our vast sales team to sneak in under the radar and gain more non covid market share whilst everyone is still occupied with covid.

There will be more browny points for being a first mover back to non-covid. Have to time it perfectly to maximise sales.

Still 2 more chances of 7am RNS's before the 30th. There is a high chance we will see something. If not then I suspect we may have another 3 months limit. This is a grey area though.

It had to happen eventually. Governments applying pressure. Tests costs no more than £10 yet some test providers have been charging hundreds. Margins were there to be eroded. Would rather sell 1000 at 20% margin than only 100 at 50% margin. PCR are now cheaper than some LFD. I wonder what the LFD suppliers will do now.

Would like to hope it is our customers margins that are taking most of the hit and not ours. If it is then this will have a very positive effect on our revenue line.

It may also help to squeeze down the cost of Versalab making this more appealing to the broader market. Again, as long as it doesn't affect our margins too much.

Does seem high but considering our 2 blockbuster antigen tests weren't out selling in H1, the marketing costs could still relate to these products. I expect a vast improvement from Lab21 in H2. It just hasn't turned up yet.

If that is the case Wilson what great news. A third or there abouts. Would love to know how that stacks up with the competition but I appreciate it is not an easy find.

There it is. Thanks Kaeren. I knew there was a 23 in there.

Would be nice to get some new news. We are sat right on the 25p support from 12 months ago as far as I can see. Some goods could see the fundamentals and the technicals tag team the SP. Come on bod. Release the beast.

Billy, where did the 27th come from?

I see this from the AGM RNS:

"It is anticipated that the Company's 2020 Annual Report and Financial Statements will be posted at a later date and a separate General Meeting will be convened to approve the 2020 Annual Report and Financial Statements. A further announcement will be made in due course."

The date that was mentioned was the AGM on the 30th so a later date than that then? How long do they have to file. Is it 6 or 9 months after year end?

Smiller, don't forget we only have 90% ish. Iron ore could well be our cash cow.

Triumph, I agree with lots of what you say.

"The same reason for the lack of communication; there is nothing to communicate"

Plenty to communicate, contract wins galore, new distributors ect. Timing however is terrible. They keep Comms back until they have several bits all at once and somehow 9 out of 10 RNS's have a negative tone to them. This starts and ends at the top so hopeful DA can change this.

"but they have been sluggish in the ever changing regulatory environment"

Ncyt are good at being first to market on alot of new products. World class bioinformatics and R&D departments. Problem seems to be with sales. They have the distribution channels, they have an army of sales staff, they have the world class products by the hundreds. Why aren't we selling millions of tests in every corner of the world. Maybe another one for DA to rectify.

"and for a growth company why on earth are they sitting on cash piles like this?"

I suspect the dispute has a big part to play in this. Holding it back just in case. Certainly won't be spending it before DA arrives. I guess DA will build a strategy incorporating his cash balance which will be close to £100m. Just a matter of time before we make an acquisition imo.

"Where is this lft?"

Good Q, back in July I think it was we were advised of 'shortly' so could be anytime.

As for non-covid. They are mentioning it more and more in their talks of strategy and future. Again, DA will pick this up and run with it imo.

Imo, GM has been holding us back as much as the dispute. At least one of those will be resolved in the next 3 weeks.

There was a post on here and Twitter a week or so ago. Larry I think. That stated we had 7 out of 23 labs. Can't recall exactly but someone may be able to.

Sorry Trouble, please add to my available for chat list:

working from home days
Mornings when the RNS machine is broken.
Lunch times
Possibly toilet breaks. Can't give you a time frame for this unfortunately.

Right need to stop now