Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Great news i thought for odx. The test results are amazing for a poc test. Very high specificity and sensitivity which were my concerns. The SP surprisingly rose and fell back. Maybe the Mcap is where it should be around £90million. Was high but now can be justified so priced in probably what the market thinks anyway going to hold for press conference or live news feed then will show us on the map again. Good luck all.
Pretty much sure now that the easy money has been made here huge market cap of £90million to justify will be difficult. Markets not even showing PE of 1. Thats thats about £160million in revenue in 1 year at 60%. All other covids had good RNS's and went down. Left a little in but looking difficult to reach the beloved £1.
Thats my take happy to be corrected no deramp intended.
How about we get design freeze with dismal numbers like the mologic £100k ?
NHS contact tracing app not ready until winter.
https://news.sky.com/story/coronavirus-nhs-contact-tracing-app-originally-set-for-may-launch-is-now-planned-for-winter-12008939
What next the don't need the poc tests either?
what happens if test goes to design freeze but is not validated by PHE or doesn't meet the necessary requirement just short of. as this is such a difficult task?
sorry been busy all day can i watch the webinar again or does anyone have the main points ?
thanks elon some things to look into there? many thanks again
simple question no answer?
Or how will they expand to serve all the tests to produce as i have it they will be maxed out with elisa and rtc test?
So elon whats your view in a placing sorry not read the whole BB?
Must be demand for the home antibody selftest as mologic have partnered with biosure 11/5/20 to mass produce this and now need an extra hand with omega too?
Thats why i don't read here anymore, the BB has become a joke. Anyway will continue to research myself. Asked some sensiable questions i think in the past and no answers. If your not on the BB side then get out. LOL
Thanks elon
Todays RNS did not do any favours as the market was awaiting numbers as is Finncap and to disclose that they have sold £100k is very disappointing better off saying nothing. Also the market for covids falling all over didnt help, but held up in the end suprisingly.
I was personally dissappionted after recieving a email from Paul Mcmanus stating that an rns would be announced when we have SIGNIFICANT orders on the 4/6/20. But then announce a mere £100k in sales is beyond me.
I understand that they many tests lined up with mologic but the 2 i know of are being sold for a £1-£1.30.
I hope all comes good but for now its a waiting game for the mologic phe validation which should of been recieved weeks ago and the big rns from the consurtuim.
They have capacity to do 46000 elisa tests per day and cant rememeber the figure for the consurtuim but will come from there alva site. I wonder were production for the other tests will come from? Do they have enough to increase production or will a placing to raise cash to start another facility be required? A bit concerned today and have not read many messages today. I hold but will review on next rns.
GLA
Mologic worked to reduce production costs as much as it could, and cut out middlemen that also raise prices. But the primary difference from other biotech companies is a basic decision not to profit from the crisis. “We know a business opportunity when we see one, but we also know when it isn’t one,” he says. “We sometimes need to just accept that these are health needs. These are imperatives for us to create new systems that address them properly, rather than charging high prices for suboptimal products.”
In low-income countries covered by a vaccine alliance called Gavi, the company is aiming to charge £1, or a little more than $1, for a rapid test for clinics, and around £1.30 for lab antibody tests. (The cost of home-based tests is still to be determined.)
i hope it all comes together but i read it as just pop along rns with no real substance. design freeze will come and price will be higher than this. ut this deal with mologic to supply african countries i very low revenue. thats how i read it. slightly negative but doesnt put omega off track so still onroute for that consurtium goal.
i hope they not just african countries as mologic did say that they will be a different price for eu countries. would be good if even 1 other country was mentioned?
because the first deal done is worth nothing. mologic deals with africa and read the news they sell there for £1 and £1.30. they have not said whih countries?
cant sell any can buy large amounts
sorry guys but i read this as a poor RNS ??
just changed to 63/68 open