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Just for comparison.
NCYT went from 15 to 166 SP from Jan 30th to Feb 17th then retraced for 3 days back to 66p despite an RNS of the test launch on Feb 17th.
On Feb 20th it began a steady rise to 214p until Apr 7th and then an extremely sharp rise to £5 Apr 14th.
As stated by many it cant keep going up in a straight line, this retrace will be well over cooked to gather shares and once on the up it has planted in many peoples mind that £2 will be amazing and so lucky to get your money back so they get another load of shares off people thinking thank god I got a second bite, these shares will then be used when the big players come in.
All my opinion of course.
Had another top up at 1.35, to follow on from yesterday's at 1.60 didnt think we would see this price gain and hopefully will be gone by the end of trading today, it carries on I will free up more funds and carry on buying.
Nothing has changed, studied the NCYT chart again this morning and following a very similar pattern, but can you imagine the order book when these tests are released.... it will be unbelievable and the last couple of days will be long forgotten.
I would expect the Avct to announce that the test has been created and the initial results are XYZ, from a small trial not that the test has been created and then to release a few days later the results were sh*t and we are making the amendments needed as confidence would be lost, this will also take a little bit of time.
Cytiva having made the Sona test should be able to replicate quite quickly for Avct I would have thought so is quite possible they will create, test, alter, test etc. and then announce to the market with full confidence.
Wont lie getting a little spooked with the SP action but the science and fundamentals are all there will be waiting for the news before playing with any of my shares GL All.
Some more info, initial siliva test also remember reading about the US airforce trial which is a siliva based antibody test, antigen next on the list
https://www.theguardian.com/world/2020/may/22/uk-covid-19-saliva-test-trialled-5000-key-workers
Interesting read and firms up what we need, interesting timing of the article 29th May.
https://www.thelancet.com/journals/lanres/article/PIIS2213-2600(20)30247-2/fulltext
Guys check AVCT out some really good news for Covid-19 testing
What is the mineral usage tax and does anyone know how much that amounts too?
Hi all,
Don’t post at all but have just reread the GOGC site release again..... According to the award Frontera Resources Georgia Corporation and Frontera Resources US LLC are obligated to reimburse the amount of the mineral usage tax payed by JSC Georgian Oil and Gas Corporation on behalf of Frontera Resources Georgia Corporation as well as the costs incurred by the claimants with regard to the arbitration proceedings.
It says reimburse the amount of the mineral usage tax paid, does that mean they get 99% it just says we have to pay the tax
May be a daft question, I stand to lose 30 k here, like a lot of others
I am sure Subotic and Zorbas were involved in a casino venture in Vietnam from previous reading. Wonder if mr Subotic mentioned in this article is related to Mr Subotic ex URU? very strange goings on for many a year with very close ties to URU
Hi King thanks for the info. Have a look at this for a twisted web..... https://www.pressreader.com/canada/stockwatch-daily/20170821/281895888357690 lol by the looks of it these boys are into all sorts
Hi Gents, just having a catch up with the goings on, still hold here and will do to the end game, stopped posting as I started to get dragged in to the none sense, I have just gone through some of the good stuff King has found and come across Adam International amongst the holders of I5 and will no doubt make a tidy sum from the acquisition. Adam International have a good holding with URU and cant find much about them just wanted to know your thoughts.