The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
£1 is competitive, you buy ordinary masks for £1 a time in packs of 5 in supermarkets. I get these will be in bulk, but the advantages over standard disposable masks are clear. Well done, sensible pricing will benefit everyone
seems a reasonable price for mass market , nice one, should get plenty of takers at that level
Snippet of an article from 6th Aug. Just shows how much a govt would pay for mask. Makes you wonder for sure what they will do to secure something decent
https://www.bmj.com/content/370/bmj.m3147
Fifty million face masks bought by the UK government as part of a £252m (€280m; $330m) contract at the height of the covid-19 crisis will not be used in the NHS because of safety concerns, the government has admitted.
The FFP2 masks, supplied under a contract awarded without advertisement or tender, have ear loops rather than head ties, and the fixings may not be adequate to protect NHS frontline staff from covid-19.
The government’s admission comes in court papers for a judicial review case brought by the Good Law Project and EveryDoctor. The two non-profit organisations argue that the decision to award the £252m contract to Ayanda Capital, a private family fund that specialises in currency trading, offshore property, and private equity, was unlawful, disproportionate, and irrational.
Of the 50 million masks, estimated to cost at least £150m, 43.5 million have been delivered, and further production has been paused.
Pre sales mentioned, over a qtr of production already
Thanks for the update Manlord, most informative
Sure is frustrating I suggested buyback approx 18 months ago , should help , but was the same reason why the y couldn't do it last time around time will tell if it occurs this time around . Wonder how many more Mr Labrum has to sell, the last transaction took him under 3% but who knows how many he has left