George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I'm personally not that happy with SD. His narrative seems to be too full of twists and turns that haven't been previously communicated to us PIs. Do we need another raise to get us on ASX? And as Bamps has said, is there going to be a share consolidation and how is that going to be done? If NCM had gone ahead they could have done a share buy back with 40m to buy back 10% of compay ahres or so at 10p (roughly). (Even with a view to re-issie later on when SP recovered)
JoeblogsUK: There is a very real problem with NCM trying to get our 5% 'on the cheap.' The fact is that will also devalue their current holding of 70% of Hav if they do this. So why would you do that? In a way, if Hav's 5% is more expensive, then it indicates that they got the 70% at a great bargain and the company's asset base improves accordingly.
Which brain donor came up with that fig for selling the LFT capability? That's peanuts. absolute disgrace.
Surely, the RNS should specify what this line actually means? "Any such fundraising would however be conditional upon certain other corporate actions currently being explored" - I think we as shareholders need better info than this. I put a small amoutn back in when it was at 11 last week. SHould have known better.
i bought a silver coin from atkinson's last year as a gift. The quality wasn't quite as good as I hoped (the rim of the coin wasa bit blemished and the queen had a miklspot on her nose - poor Elizabeth!) - and I also noticed on their site that they price 'seconds' (coins of less quialty but the same metal oz) as MORE than the price of what shoul dhave been good quality minted coins. I emailed them about this and a lady called Hannah thanked me for pointing it out but it still took them a coupld of weeks to correct.
Thansk Computer 909. My error. Cheers.
What a dire development! I'm not sure that ODX has any interest in Covid testing going forward to be honest - remember Jag was actually in charge of their Food Testing portfolio and has never headed up hte Covid stuff (this was mentioned in one of the presentations done last year). I also think this news today is yet another barrier to any rise, which now depends on this being put to bed, one way or the other, and then getting approvals. I'm really sorry for all LTH in this. I rue the day I ever heard of ODX and all these BS rampers.
Thanks for all the best wishes.
I've held onto shares before for too long in the hope that they will come good - and that's been my most costly mistake. Also it's the old equation for regaining your losses: to get back to 30p we'll need nearly a 100% increase. My own view is that testing will be wound down going forward as Omicron is milder and in another month we'll be heading into spring, and cases will likely be dropping quickly. USA will follow a couple of weeks behind. The lack of movement on approvals is bewildering to say the least. Anyhow, that's my two cents! Cheers.
Well I've bailed today. I realised that ODX was becoming an obsession not an investment and each morning after the last 18 months of checking for RNSs at 07.00am every day I've had enough of this company. I don't trust the management and hold them in a high degree of contempt - I'd like to read that all suffer from humiliating accidents with pointy-shaped fruits in the near future to be honest. (I do believe their Twitter activity was outrageous as well - stating 'we will deliver' when they hadn't even signed the contract!). In excess of £10k lost, and more importantly time, so hats off to you Colin you great dope, thanks for the wrecking ball over the last 18 months. Good luck to anyone remaining - now I'm out I'm sure you'll get the RNS tomorrow. Cheers.
Well that RNS puts a lie to the claim that 'ODX can't influence the share price' as they stated in their Q&As. A bit of communication can do wonders.
The orient gene is peanuts - Colin says it's a 100k job for 4-6 weeks in the q&a.
Hmm... I'm down to question 90 or so - doesn't seem to be much interesting in there. Just fobbing us off frankly.
Of note is that the Mologic recent approval for Covios has no relevance to Omega. (Q75). Also Q84 about work for Orient Gene - 4-6 weeks unskilled labour - worth about 100k.
I got an email off these chaps.
https://www.investormeetcompany.com/login
If you signed up for the session then log in adn it should be there. Thanks.
This seems to be the standard answer now: "The Company has acted in good faith in the relation to the DHSC contract and fulfilled its obligations under the contract. Colin is not going to resign and the Board is not seeking to find a scapegoat."