Member Info for golfnut59

The fact the Ct value was not included in the performance stats is a red flag for me. In my opinion if the results were based on CT values of greater than 27 they would have definitely mentioned it. This leads me to believe the performance is AT BEST based on Ct values of <27. Don't forget, at Ct values of <27 the Avacta test is 100%. With this in mind, If my thesis is correct, the NCYT LFT will struggle to get any meaningful sales

Today's RNS from NCYT on the performance of their lateral flow test missed out a key bit of information. What Ct value was it measured against? Without this bit of information we are completely in the dark about the efficacy of the test.

Nice write up on RENX

https://uksmallcapstocks.com/f/renalytixai-renx

I've been doing a lot of research on RENX over the weekend. The only thing that is confusing me a little is how have the company been able to agree a GWAC contract offered through the GSA without FDA approval? Not only this but getting the MCIT ruling passed would seem critical for this deal as the Veterans Administration advises its beneficiaries to also have medicare. In other words, getting medicare approval is critical for any meaningful sales under the GWAC contract. Also, does anyone know the current testing capacity. How many tests are the company currently able to perform per month?

Hi,
I'm new to RENX. After reading yesterdays RNS on the big US Government contract win I immediately starting researching this company. I'm a bit confused as to the state of play with the FDA and what exactly the MCIT ruling implies. Do the company already have clearance to sell the tests from the FDA? If not, when are we likely to hear from the FDA on this? I'm a bit confused as I read that the test had already been given clearance from the FDA's via their "Designated Breakthrough Devices" route. Also, what is the Medicare/MCIT ruling all about and how does it impact on RENX? Sorry for the newbie questions, and thanks in advance to anyone who can help me out with this.

Thanks for sharing. That write up has saved me a few hours of having to trawl through the Admission document. I'm quite tempted to buy some of these.

Nice write up on SMRT.
https://uksmallcapstocks.com/f/smartspace-software-smrt

Peel still loading the offer. They unloaded £50k 's worth at 127p before moving the offer to 128p. It can't be that much longer before PEEL are done surely !!

There is no regulation in the UK against trading Bitcoin.

I'm sure you have all heard stories of Bitcoin holders who cannot access their Bitcoin because they have lost their private key and/or forgotten the password to it. Because Bitcoin is decentralised it means only you are in control of your private key and password so there is no one to call if you forget it. Mode take this stress away by holding the Bitcoin for you. If you forget the password to your Mode app, you can always get in contact with them to reset it for you, this way there is no chance of you ever losing your Bitcoin. The Mode app is designed for Bitcoin newbies. It takes the complication out of buying Bitcoin for the first time and removes the stress/fear of losing your private key or forgetting your password.

I'm invested here but this comment is a little wide of the mark. "We offer the cheapest trading platform, so PI's that fancy themselves as BTC traders will love us". Yes, there will undoubtedly be some trading via the app, however any serious traders will use major crypto exchanges like Binance where the fee is only 0.14%

Despite being an experienced investor I have never owned a gold company until now. I took a position on Friday in Landore after digesting what I thought was an excellent RNS. Its only a small position to start with as I have minimal experience in analysing gold companies. I'm taking the time to research the sector with a view to hopefully adding to my LND position as a gain more understanding of the investment opportunity on offer. Since I'm not au fait with some of the terminology used in gold mining/exploring, I have written a quick summary in lay terms of the investments case as I see it. I would be grateful if those with a lot more knowledge than me (most of you on here) could scan over what I have written, correct me where appropriate and maybe add a bit more meat to the bone.

As far as I can make out, LND own a potentially multi-million oz gold resource in Ontario, Canada. To date they have discovered a confirmed 1m ounces of gold. Despite the low grade, the resource can be mined relatively cheaply since its open pit. Over the last few months the company have been further drilling the resource. The drilling has been split between 1) Infill drilling at the location of the original gold find, the aim of which is to increase the 1m oz to 1.3m oz. 2) drilling at a new location along the strike

The latest update showed that the recent drilling campaign has hit gold at the new location as well as hitting gold at a greater depth at the existing confirmed resource. We will find out in the next few months of the size of the upgrade once the new discoveries are defined. Over the coming weeks and months, we will be getting back the assay results from the lab which will be used to make this calculation. Its very encouraging that the most recent assay results all showed the presence of gold, some of which were at very good grades - apparently !

The gold deposit extends along a 31km strike which is 100% owned by LND. To date they have only drilled c. 1/4 of this. Due to the successful drilling campaigns and a similar geology along the strike, it stands reason that there could be further discoveries, suggesting the resource has multi million oz potential. I notice some on here are suggesting the total resource has the potential to be north of 5m oz's. In addition, the site has other deposits inc Nickel which could be explored.

The project is run by Bill Humphries (CEO). After Bill's success at Brancote Holdings (1999 – 2002), he is now applying the same successful business model to LND. Eric Sprott is a Canadian billionaire and gold expert, he has taken a 10% stake in LND.

The Broker, Cenkos has a NPV5 of £211m – I believe this only takes into account the 1m oz of confirmed gold deposits and assumes a gold price of $1,650/oz. Further defined resource will increase the NPV. Using a discount to NAVx 0.25, the broker has a current fair value at £59m/64p per share.

In a nut shell, that's the investment case as I see it. Comments wel

This won't re-rate until we are able to crunch the financial numbers in our calculators. Its impossible to value until that point.

In a word - YES

When I bought these shares at the back end of last year, I had a target valuation for NASDAQ listing of £1 Billion. The way the stock has been moving of late I'm starting to think that valuation is conservative.

thanks for the info

I'm not invested here yet but I'm currently on a fact finding mission with a view to potentially taking a position in the coming days. I was impressed to discover ODX will have the capability to manufacture 2 million tests a week by April. What I haven't been able to find in my research is any indication of the kind of profit margins ODX expect to achieve by manufacturing these covid LFT's. Does anyone have any insight on this? Thanks

Interestingly, in a recent investor presentation with RBG Holdings (RBGP), during the Q & A section at the end, the CEO was asked if the company had considered using Loop Up. She replied that Loop Up and Microsoft teams are the systems they use to communicate with their clients and staff. Watch from 37 mins: https://www.youtube.com/watch?v=XewqX6hvPws

Hi,

I'm not currently invested in GDR. I started to research the company this morning and have just watched the Turner Pope investor webinar. I notice the 96 SARS-CoV-2 test has been approved for use in both Europe and South Africa. It appears that the test is very good and has many advantages over many of the other PCR tests on the market. What I haven't been able to ascertain is whether GDR are actually selling any of their 96 SARS-CoV-2 tests into these markets. The test gained CE marking in Europe back in May yet I cannot find any information on how the sales are progressing in this market. What's going on here?

either restarted or hit full capacity. The company also said on Wednesday it was investing $2bn to reduce its carbon footprint and wanted its Brazilian operations to be powered by renewable energy by 2025. Investors focused on environment, social and governance metrics are putting pressure on mining companies to set emission reduction targets. By 2035, Vale is targeting a 15 per cent reduction in the emissions produced when a customer uses its iron ore in a blast furnace.