Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And to add to the China point it could be mandated regular testing.
The US could be something done on insurance. For the US 15% a test sold anywhere between $250-450USD. 31 million smokers in the US. Even just a few million of these tested per year is a massive sum.
Then there's the NHS and EU too. No figures quoted as yet.
It depends on what your vision of long term is...
Should the company be able to pass all necessary milestones and then manufacture the test to scale via the third parties then sky is literally the limit.
If your vision of long term is merely until MURF and SOP then maybe anything between mcap of 26mil - 75mil depending on where buyers and sellers fancy the stock.
Whatever we say to each other here won't make a difference.
What does matter is news output. We can all have our personal view but it makes zero difference.
I've accumulated a lot down here... I know why I'm here and what for... To me, that's all that matters.
This is good for us...
What we should eventually offer should be far more simple too.
https://seekingalpha.com/article/4618190-illumina-inc-collapsing-margins-rising-debt-legal-setbacks-and-downward-momentum
I know not entirely ciz related but it was still of interest here given some see them as a potential competitor.
Huge fine issued to them.
https://www.reuters.com/markets/deals/eu-regulators-fine-illumina-476-mln-closing-grail-deal-without-green-light-2023-07-12/
We cannot control or influence this unfortunately.
As and when they input a date for that meeting detailed in the filing I expect a pile in.
Until then, what we can and should be controlling is progress on our own test.
Hi CC
I really do try and not press the filter button but unfortunately I think it is now needed.
Yes the price crawl back isn't great. But like I've done throughout, I'll add and then add some more.
The bod cannot control the price. The reaction to interviews and a large buyer was what drove the price.
A more modern take on Betamax Vs VHS would be HD DVD coming before Blu Ray and yet Blu Ray is now the sole physical version of high def film distribution. Only eclipsed by streaming due to convenience and sometimes lower costs...
There's some lessons in my post there...
More chat today than there has been trades.
Buy when others are fearful.
Whilst I wasn't happy with the recent raise and would have preferred it after some positive news, I can't help but think that *if* funds will be used as intended, that there must be a degree of confidence.
We need more details as to why this decision has been made along with the raise given past interviews.
Past interviews do not reflect:
A) the need to have raised
B) progress indicated.
Surely we'd have been in a stronger position later to "accelerate" this test from a viable lab test that's working and proven? That would then be at a higher price with less dilution.
Being told "it's only 5%" isn't an adequate or suitable answer when it has been said funding is there until 2024.
This needs to be answered properly IMO. I haven't been happy about since seeing that RNS.