Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Expect an RNS prior to Wednesday presentation otherwise can only discuss / tell holders what we probably already know and with no RNS there will be no new price sensitive information and the price will more than likely drop. Assuming there is an RNS prior to presentation then anything can happen and on the positive side. I expect to see an RNS informing release of new price sensitive information prior to the presentation
Keeping in mind AS record on timescales and meeting them, 12 weeks could be a long long time, might be a shorter timescale if we just stick with tomorrow, which we have also never met but will one day. Hopefully a lesson learnt for when providing updates re AVA6000 progress is that you provide timescales and dates that you can meet.
The issue is Avacta keep missing dates and there always seems to be a reason or excuse for why it will be another few weeks / months. Accepting this is an exciting stock but the delay to bring goods to market should really be explained rather than keeping on hiding behind a so called NDA with investors left to speculate and create rumour as to why, welcome to AIM stocks. Latest delay has now went from end of Q1 to early May, I assume 2021. How can there be a lack of cases to test and validate a product against when there are millions of cases UK / Europe / Worldwide. If HMG are playing funny then it needs called out, this virus is costing thousands of lives. Really frustrating with all the waiting and missing dates so do we have a product, when will it be CE accredited, when will it go to market. Need straight answers and dates to adhere to otherwise missed dates and excuses / reasons will continue onto the AVA6000 product and could dent any ongoing confidence.
There comes a time when you need to sell to market what you have and then continually improve from that point forward . You cannot wait on creating a 100% perfect test as every time someone mentions a new virus strain you then go back into research to capture that strain and when you are ready to go someone then mentions another new strain so over time nothing comes to market and the opportunity passes which appears to be what is happening here. A lot of people have a lot of reasons / excuses for why we are still waiting but it just seems to move from one missed date to another and never meeting any advised timescales. Frustrating but I will be in long term. As with all AIM, only bet what you are able to lose.
I wonder what we will be reading and speculating on tomorrow with it being April Fools Day. Should start early doors and should be a lot of interesting topics. Will Avacta declare the biggest April Fool for a long time, will the RNS be real. Should be a good day. Happy reading to all but beware of your sanity.
States "one version of the Avacta test did not pass testing..." This would lead to there being more than one Avacta test and the one that did not pass has been reworked and updated and will be retested. Any other test other than the one that did not pass have therefore passed. How many that is we do not know but hopefully we will find out Monday. Positives from what others see as a negative / downer is that it looks like Avacta have more than one test. Stay positive and roll on Monday and next week
Following on from TripHop re Welsh News, 6pm Scottish News showed a test that was packaged and titled as HM Government / NHS Test & Trace and was in an article re return of Scottish Schools starting Mon 22 Feb. Another dot to join up
On Monday the planets align to make visible the brightest star in the sky in a rare sign never seen for 400 years. Is this the omen Avacta have been waiting for or will the long awaited RNS still be some years away. Is it possible Avacta's fate may be written in the stars
First time poster. Has it been hinted at that the swab and LFT worked ok for mass testing in Liverpool but UK would really prefer if it was a Sovereign supply followed by if this is easier to produce than the saliva LFT can you not just make that for UK use just now and we will get the saliva LFT test when it is ready. Time will tell