Member Info for GreggsStottie

We think that the likely profits from full utilisation of the 2m tests per week could deliver c.200m profit FY.

That is opposed to a broadly break even business H1 2020.

Even if we take half of the £200m profit (£100m) on a normal 5x pe.....then you get a £0.5bn mkt cap. Thats £2.74 per share. If you also include the value of Ely £0.60p for food doctor, new testing service etc.... We get well over £3 a share. Even if you half that again you get to £1.50.......

Those that want a quick profit be mindful that chasing rainbows doesn't always work.

Personally, I think that we will see £3-£5 per share once the orders start flowing and commercials are pulling through to results.

Yes, the waiting is frustrating. Yes, the communication is a bit sporadic. Yes, we all want the sp to move forward.....However, the fundamental 2m capacity is not in any doubt. The world is full of covid and there is not enough capacity globally to facilitate those testing needs. NCYT are upping their game and going for 1m per week.... We are pushing onto an open door.....looks like the tractor is about to pull over and let us by......the motorway roundabout is just a short distance away.

Hindsight is a wonderful thing. I wouldn't have bought some at 90p had I known it was going to 67p. But, it has given me the opportunity to buy even more. That's investing for you....gl all.

Was it Stillwater-Sibanye?

https://www.reuters.com/article/us-stillwater-minng-m-a-sibanye-gold-idUSKBN17S02P

I guess we will have to wait and see - we have no other choice!

It will be interesting to see this play out over the coming weeks.....they did say that the FSP was complicated!

I can see why many think that valuations of £3+ are in dreamland. But when you look at what we have in the ground and future PGM price expectations they start to look sensible. I dare not think that its possible as it would change my family's life. Has there ever been an example of an FSP resulting in a 10x sp increase?

Oldspursfan....makes sense, and in the last RNS it did say that EUA could buy the remaining % from ROSGEO at any time.

This is like an episode of Poirot! lol....

The value will come...just need to wait. It seems my wife is as impatient as most pi's.

Looking forward to watching this play out. All part of the investors journey...

...and this is why I backed ODX rather than Abingdon. We have so much potential and opportunity to drive the mkt cap up. All we need is a launched product and a few confirmed orders and we are away.

"Are we there yet" - nearly! We are just about to join the motorway after being stuck behind a tractor for 10 miles!

Remember that we only intend to produce 200,000 tests per week for the govt...the majority of our capacity will be more profitable products that drive our MCAP northwards!

CK has a solid plan, we just need to wait for it to be implemented and delivered. We are just around the corner now!

I have to say that I was really pleased to be able to get a cheeky buy today at 67p. We have the delays to the plan to thank for that.....nearly bought at 75p just the other day but thought I would hold off. Anything under £1 is still great value IMO.

All the best....

jubbly...it tells us quite a bit...

(picture for all to see).1. We are producing RTC tests.
2. The Visitect Antigen test will be commercially launched very soon (i.e. in the next week)
3. Commercial negotiations are at a very advanced stage.
4. Elections are hampering decision making by the govt so the test agreement is likely to come after 6th May.
5. The current SP well undervalues whats about to come....

So, I think the tweets do tell us a lot. Were you reading the same one's as I read?

All the best
Greggs

I pressed the buy button and the tweet hit my phone! Exciting times ahead.....yes this is painful and I could have sold out and bought NCYT under £4 (did buy some) but I think ODX is a sleeping giant.

There is political will to deliver on this sector and the elections in early May are clearly having an impact on decision making. So, I am happy to wait this out, see the business launch the Visitect Antigen test and the positive news to start flowing over the coming months.

This has to drive the SP up towards £1.60....and beyond!

I still think Dmitri wants to be a billionaire....that would take a net price of £2.19 after taxes.....surely this has a chance of coming good for him.

I now think we are looking at around £2.70 or 10 bagger from here for a full sale or a solid 50p dividend and joint venture...both options are going to be lucrative for shareholders. The second could be more lucrative long term, but I would much prefer a full sale and at a life changing level soon. Its time for the big boys to start flashing the cheque books!

Will we get another late Friday RNS this week?

"for the love of god" Johnny 52.....looking forward to the last one in the series next week!

I am now a holder of NCYT after waiting for a good entry point last week. Managed to get in below £4 which was a bit of luck!

I still hold every ODX share I have bought and await the re-rate....its a blooming painful watch but I look forward to it coming good soon. I hadnt really thought of NCYT using our production previously, but they could...possibly surescreen. I had previously thought that NCYT try could to purchase ODX. The 2 companies have history at Ely.

Whichever way you look at it, ODX will come good at some point. Just need to keep the faith and the value will come. Chasing rainbows doesn't always work out.

All the best....

Based on what youngman21? Your last 9 posts on EUA add ZERO to the discussion.

At least back up what you are saying with some evidence or thought as to why you think that. If you did this, people might take you seriously.

Lets start with the ACF report where prior to the flanks (30% discount) and pre Rosgeo deal (70% of 104moz) the value was c.54.8 to 60.6p. We now have a shed load more resources ....several fold.

https://acfequityresearch.com/wp-content/uploads/2020/02/Eurasia-Mining-Plc-MA-Valuation-FINAL-ACF-03022020.pdf

So where do you see this going?

There is a chance we could produce the NCYT LFT....they ard targetting 4m per month...i think we could fulfil that volume.....especially if the gov't continue to stall...

Click on his name and check out his previous posts. Its all there for you...

Yes, he said so on Fridays message. He could only notify Fridays selling today.

Cant help but think that Anders should of offered them to veles at 29p via the company!

Still a fantastic increase in value since the 0.1-0.3p days!!!

All the best Anders...

I reckon that we will sell WK and the flanks to a major and then have a JV with the Japanese for the new acreage. This is too big for 1 major to buy....

Either way, the SP will be north of here...I can't see a "no sale" position happening at all.

Their fundamentals are irrelevant given they are producing in large numbers and will be bringing in large profits imo.

As you say a purchase of a leading diagnostics company would not be unexpected. NCYT have a large cash pile.....may as well use it to drive more cash.

Kitzie - I think Surescreen or ODX would be a good purchase for NCYT. ODX and NCYT have some history...