Sapan Gai, CCO at Sovereign Metals, discusses their superior graphite test results. Watch the video here.
A washed out CEO. Intact you can have him for nothing
Don't be surprised if Colin issues a speeding ticket!!
It's 22.5p!!!
I hope Colin is reading your posts as he should feel your pain.
The contract says they have to ask permission to use it. Yes it's available and collecting dust but who believes tweets?
ODX still have to ask permission to use the equipment. What if the DHSC have struck an agreement with Surescreen that they can remove the equipment and utilise it for their contract.
Hence my fruatration. I have not read all the weekend comments but have read the contract. Like you my commercial head is still saying they could issue a PO anytime before 2023
BIGBangs - I agree with you. My frustartion is that you RNS contract award but then you seek legal advice as to the validity of the contract post Phase 1. Why not just ask for confirmation from your customer unless you had and then an RNS should be used as its fundamental to the business.
PCR's being used to detect the omicron as the SG Dropout test is conducted at the same time which is the differentiator from the Omiga variant (watch Savid Javid on Andrew Marr Show).
Sileng:
On your point of requiring a placing for acquiring equipment . The normal for acquisition of capital equipment is to take a bank loan and amortised over 4 - 5 years. Absolutely no need for placing
I'm over the crap H1 now and we need to remain confident that CDTA & EU HUA will happen. what the SP might be - we need to know the DAM future demand as the first Po of £750K was good but how many more can we expect this year?
The good news is that NCYT has received the first of its CDTA approvals so they are flowing out.
Win the Euro Millions tonight. Buy 25% of the stock for under £12M - you are major shareholder - on the board.
Okehurst we have been treated like we truly don't count. Any CEO with a backbone would have left time to face up to his critics - what did Colin do - waffle about product thats worth £200K (oh his salary!!!!)
I used to give him the benefit of doubt but his actions are all you need to look at. Where is his fight. When you are happy about curing 3rd world problems then work for the Red Cross not a CEO of a commercial business.
We all know the only thing pushing this back up is approvals. A decent CEO would be using every avenue open to him to leverage his position. I have suggested in the past that Nicola Sturgeon would be the perfect foil right now. Get down and dirty to protect your business and your suffering Investor's.
The questions are: when will we get CTDA approval and how many millions of LFT's will DAM need a year? from the indications on today's presentation it wasnt about making profit this year but limiting the losses.
I really want to believe ODX can turn this around but have absolutely no confidence it can happen in time. Unless we get HUA in the next 6 months and get massive sales how do we get back above 50p??????
Wad - only one person carries the can but clearly he is so thick skinned he is trying to ride it out.
Avoided the board all day - listened to the presentation and feel even more upset I didn't sell when I was massively up.
If I were Surescreen I would buy it if I could have the Government equipment otherwise what's the point.
Never good to see an investment go south but the realistic outcome must now be based on management actions to reduce cost and increase productivity and profit. Without immediate actions CK will prove poeple right. Commercial head is needed not some emotionally tied to product. Good luck all as the vultures are circling
Set your alarm for 7am and again for 16.30
Fun day tomorrow