Member Info for GreggsStottie

Website says.....Click Here

Sorry

The INNOVA COVID-19 test is out of stock

Browse our full range of approved Covid Test Kits

Maybe yesterdays placing was a defensive mechanism to defend against a hostile to? We will see...

JAdam,

We are going to have to agree to disagree and that is fine. I understand your comments but in a global pandemic I feel they have achieved capacity targets on time and as per their plan. What they cannot foresee is the delays as a result of the DHSC. We have a huge outline contract, we are told at favorable rates that work commercially. That takes a lot of negotiation and skill to manage as well as gain technical transfer etc. Once the orders are flowing (and I suspect this will be in June once self testing is approved) the sp will rerate and those memories of a slow 6 months will fade away. Everyone will be happy because they have made a lot of money.

I am glad you feel we will all make money here, despite your disdain for Colin. As a trader you must have made a good amount here already given the swings in sp...?

ODX are in a strong position and I believe they will be a target for takeover. I am sure Colin is working hard to deliver for shareholders over the long term. After all, he is one himself.

thecontender - how do you know that?

You are aware we are already selling and upscaling the food doctor product and in addition aids tests etc....we are also cassetting for the DHSC as notified in the recent RNS. How do you know we are not stockpiling for the DHSC?

The issue here is that we are sat in a period of a relative news blackout. We can all see the mountain of sales coming, but its night and pitch black. Soon the sun will rise and it will be there for all to see. Problem is we are in the far north of the world and there is little daylight. We need to sail towards the equator! FWIW I accept the news blackout is annoying and for some worrying. But I genuinely believe it will come.

For me, that balances out the short term risk.

JAdam - the company have transformed their business in just over 1 year. I am not sure how you can say that the BOD have not delivered massive potential. Yes, we are awaiting orders...but other than that they have from a capability perspective transformed what they had into a likely monster imo.

I look forward to the interims and FY results to give us a taster.

...I hope this stays where it is for another week. i will have another top up. As I am investing for future growth it matters not what today's market is saying. At under £1 I am a buyer. I could leave the dosh in the bank, but interest is less than 1%. In the last year the sp has enabled me to beat that handsomely and in all likelyhood this will be well north of £1.60 when the orders are notified.

Due to the fluctuations, traders are still able to make money, shorter's are still able to make money, and investors are able to make money. For that reason I cant see why there are so many unhappy people. It makes no sense unless you are buying high and selling low...or shorting low and selling on a spike, or just a generally miserable person.

At some point this will have to rerate and, YES it is painful and YES we all want the news we all want, but **** happens. Covid is not going away, the Antigen tests are industry leading 10 mins. The market wants good value tests for the masses.....the holiday firms and airports want cheaper tests so people aren't worried about adding £400+ to their family holiday. We are able to support this need and locally. We have a fantastic opportunity to make money here and if you cant see the woods for the trees then premium bonds it is.

With 2m weekly capacity and lots of revenue streams a mkt cap of £117m is peanuts. In time I think this will be 5 to 10 x that. I am happy to wait for that kind of re-rate.

All the best.

What if they had now received further non binding offers??? This could push back the agreement and therefore trigger the need for further funds to develop the jv with Rosgeo....

We will see in the fullness of time...

So max 35 days to AGN. For a vote we need 21 days notice....so max 2 weeks to get notification of the deal.

Its likely to be this Friday or next Friday imo.

Ian - can you put me down for next Friday please....

We ard not a 1 trick pony...now we have ouf own Antigen test as well as Food Doctor and Aids products which ard now scalable and very profitable.

Frustrating lack of news on this front, however it will come....

There is an outside chance NCYT could buy ODX...I hope not as the value is well in excess of their funds, however they could offer a share swap and cash which may be lucrative.

Its very possible ODX could make their antigen test however tt could take a while. NCYT have other options including Abingdon and Surescreen.

The value in ODX has to come out soon...appreciate that I have been saying that for a while. Our patience will be rewarded....£1.60 is a shoe in when orders start to flow out the door...

GL all

UBS are on a no win no fee basis...so unless they get a deal over the line all their hard work and cost will amount to nothing....I am sure DLA are being paid.

I think the bod have played a blinder in delaying the sale in order to maximise shareholder value (the bod own millions of shares so are on course for a massive payday on the same basis - i.e. get a deal over the line).

We will see who is right seasick....all based on what the BOD have told us so far since Xmas.

Can we all move on please? Everyone with an opinion backed up with facts or a thought process is welcome here.

Whether on a faceless message board, on a telephone call, a teams meeting, a face to face chat......No one likes to be told what to do or think. No one likes personal attacks and no one likes the jibes.

I suggest we all move on and forget personal attacks etc...they are pointless.

We know where we are with EUA and all long investors are likely to be well rewarded in the next 6 to 12 weeks. Spend time with your family, read a book or do some exercise, and WELL before getting irate or personal.

All the best people...its time to relax and await the beautiful sunset here!

However, after conclusion of the joint venture with Rosgeo ("Rosgeo JV") in which Eurasia will gain a 75% equity stake in nine PGM and battery metals assets (four of which are post Russian Feasibility Study with state approved reserves) with a total of 104.6Moz of Platinum equivalent ("Pt eq") Russian Code reserves and resources in the immediate vicinity of the Company's Monchetundra Project on Kola (as announced on 26 March 2021), the Company has now received several proposals including a proposal from a credible party for the potential acquisition of substantially all of Company's assets. The Board has decided to focus on this potential asset sale. I wonder if we are keeping the 5 licences that are not yet post Russian Feasibility study and/or state approved reserves? We could sell everything but these and still havd a company that could be worth a lot in the future, yet sell the huge reserves where they are approved...I woulx love £1.45 a share and then keep my shares until the next rinse and repeat...

It looks like the NHS is scaling back its organised testing with NHS staff doing the processing of PCR for those without symptoms. This is by the end of May. This then opens the floodgates for LFT's imo.

So, there have been delays (many unhappy folk here) but we are at the behest of the NHS and government...there was always going to be delays, but these are not the companies fault. We just need to sit back and wait for the orders to roll in.

I would love the SP to have already re-rated, but it hasn't. YET. But it will once the orders roll in. Hoping this is in the next 4 weeks just to keep my sanity!

Jambo - I think the point is that a new offer came in once the Rosgeo deal was announced....it is therefore very different to the non binding offers they received months ago imo.

I look forward to hearing more over the next few weeks....we have waited this long, whats a few weeks?

So the bod are now focussing on 1 party for the asset sale....until a counter bid comes in!!!!!

...imo counter bids will be incoming so expect the unexpected.

Nice negotiation technique bod....love it!!!!

Its been a few years in the making, however well worth the wait. Looking forward to seeing this play out...

Wolf76 - I am looking for the answers to the Walbrook questions...did you post these? I know you said you hadnt had time earlier last night.

Hello Tosh, got a Toshiba?

https://www.google.com/amp/s/uk.finance.yahoo.com/amphtml/finance/news/activists-moment-japan-20-billion-081518403.html

Unfortunately, I suspect we will end up at 0.6p despite the opportunity here. Aim seems to follow this pattern!

GL all, still think the medium term/Long Term could be solid for MNRG. Time will tell.

374m / 50m tests = £7.48 * 18% = £1.34 profit per test.

50m/104 weeks = 480,000 per week. Lets call it 500,000.

50m x £1.34 = £37.3m profit. On 1/4 of capacity.......

BOOM.............!!!!!!