Member Info for Harley64

I don't see any reason for personal attacks for purely point scoring exercise. Can we not all focus on the fundamentals and the best interests of ODX please.

The Department of Health and Social Care (DHSC) has agreed contracts with:

Omega Diagnostics, headquartered in Alva in Scotland

to provide manufacturing capacity for up to 200 million COVID-19 lateral flow antigen tests, which detect positive cases quickly – in under 30 minutes – meaning positive cases can isolate immediately, breaking chains of transmission.

I must of missed something - what is negative in this news for the SP to move down or are the MM's playing games yet again?

A very cautious step by step approach from Boris to hopefully open up the economy once again and suddenly it appears from market investor's that's it's all over. Well I'm afraid the small.print is that unfortunately it's not and yes folks test and trace is and will be a major part of any way forward to get back to some sort of normality not just for now but for many years to come.
Most covid stocks across the board are getting a bashing today but please bear in mind the importance of Lft and this will be shown in the weeks / months to come.

My only concern would be that Colin decided to sell some of his shares. However, as we know he recently topped up and that is the biggest indicator as to what is going on here. As usual MM's will take advantage of all bedwetters and de-rampers will probably be put on overtime this afternoon...

I beleive there is in part a reason for this rns to be released at this point to pacify shareholders and to validate the recent stories in the press. However, please bare in mind that CK will still have restrictions under any current nda's as to what he can and can't say.

As a lth I feel that this is the start of a massive amount of orders that will come through in the next few months and a great invitation for all new shareholders to come and ride on the wave.

Dyor

Come on Colin bear us our gift you promised..

of a recent valuation posted by Urban Fox:-

I previously issued a valuation analysis for SPMP and Tri-Star (see previous posts). Ultimately the fundamentals driving the overall valuation of the SPMP business have not changed, although the investment input required to get the Plant over the finish line have increased as explained above.

Current overall investments by all Shareholders has reached $206 million. In addition there are outstanding bank loans of $57million, to which all parties remain as guarantors (in proportion to shareholdings).

Projected future Revenues (Antimony and Gold ore) by SPMP will be in excess of $200miilion per annum. On a conservative valuation of SPMP at 3 x Revenues then the SPMP Valuation is $600million. In reality once fully commissioned and operational it will literally be a #goldmine# and its valuation should be 5 X revenues or $1Billion per my previous analysis.

Tri-Stars current valuation of Assets comprises its core investments to date of $34million plus its balance sheet Net Assets of $13.7million. This gives Tri-Star a current valuation of $47million versus its current Market Cap of $35million (£28million at end September). That's a 34% premium to the current SP of 30p and should in fact be upwards of 40p.

Once the SPMP Plant is fully operational then we can use the appropriate business going concern valuations above. Tri-Stars valuation in 2021 based on an Operational Plant will be a minimum of 16.3% of $600million or $97.8million. For the sake of brevity lets just round up the numbers and make it a $100million valuation. That is the valuation projected in the next 6 to 8 months. And to put that in £ and pence an SP of 85p.
dyor

Shareholders will continue to be able to hold their shares in uncertificated
form (i.e. in CREST) and should check with their existing stockbroker whether
they are willing or able to trade in unquoted shares. Shareholders wishing to
trade shares through Asset Match must do so through a stockbroker. A
comprehensive list of stockbrokers who have signed up to access the Asset Match
platform is available on request.

Asset match next trading platform- rns

If you were to do some dyor. I've been in here as long as Bilbo but then again all you have done is complain that you've been bullied. Is this something that goes back to the school days?

Not bothered what it does tomorrow tbh. But these buys do give you confidence :-)
Gla

Another big buy showing after hours..

Spot on SL another tr1

Bovey- when I spoke to HL they informed me that they would be held on account and listed on any future exchange.

I guess SL was just wondering why you are putting so much effort into discussing with us LSE(numpties) as you put it!

@staylong - best you not ask him that question your post may get reported. lol

Bo -aim - I see on twitter us (numpties) are all wrong and you have a different theory. Could you provide evidence please as a Lth.

Thanks in advance

I agree SL - most shareholders that are left, are in for the bigger picture.

Since suspension the chat board have incurred multiple de-rampers to keep the price low. This is being managed very well and when calling them out, my post gets taken down.
I guess this post will probably be taken down for saying so, but it needs to said.
Gla

I mentioned people will make there own minds - and that post gets taken down. Something fishy going on here?