Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Not surprising really after seeing how a large minority ignored social distancing down the beach, or happy to vandalise monuments, attack police etc. Just a shame it won't be those people gasping for air, but their parents, grandparents, neighbours etc whom they passed it on to.
The antigen PCR tests are really accurate, it's the issue with swabs not being taken correctly in as much as 30% of the time by staff not trained properly to perform it. There was an experiment this week comparing the major PCR tests in Holland I think, and all were pretty much as accurate as each other, and detected 100% of positive samples.
These tests won't be beaten on accuracy, but they can be beaten on time to receive results.
Only question is can a product be released to market in sufficient numbers well before winter to allow countries and industry to stock pile. Each week that goes by is hundreds of thousands of potential orders missed.
Now is great timing, perhaps even wait till Tuesday when it'll be even cheaper to join. No news is expected before then. I put some in week or two back at 112 which o thought would be the lowest, however I think this will touch £1 next week. Could be the easiest 50%+ you'll ever make between now and September.
Also RUO, although don't know if that's an old listing as RUO was something granted back in January before approval. Would mean for research only otherwise (ie for studies where genesig is used as a baseline control)
That's what I'm hoping someone on here can confirm.
Good to see for pretty much every clinical trail going, we're used as the baseline.
Also there's more tenders being requested, Turks and Caicos Islands, Marshall Islands, granted only small numbers, but means the likes of other manufacturers who have yet to get their test approved, let alone to market, are missing out
Only people in a flap are the wannabe traders who are currently down and therefore desperate for the SP to get to £4 again.
I'd be happy to go without one until September, can hoover up cheap shares from all the panickers and then sell them back to them
A takeover won't happen. The next RNS, if made within days rather than weeks, is unlikely to be ground breaking, in fact I'd expect the SP to be minimally affected, perhaps even retrace. It's the autumn sales updates ill be most interested in. They're the ones I think will propel to £4+
Herd immunity doesn't work. There has already been a case of someone being infected for a second time, and it's generally agreed based on common cold that temporary immunity will be one season at best. I'm big in NCYT, have small holding in here and GSK. If these get their test launched by end August they'll have 12 months of sales, potentially £100m - £200m in profit
Other risks could be being late to market due to unforeseen circumstances, waiting until September to release something as reliable as PCR tests is unacceptable, I'm sure other test providers will be looking to tie in contracts for as long as possible given this could all be over in 12-18m, and countries will be looking to stock up on antigen tests well before the winter.
Interesting. Let's say NCYT £3, wonder how many would accept an offer of £3.60. I personally wouldn't as I'd be hoping for more than 9-10% profit, but I imagine those traders who bought big recently when it dipped to near £2 would bite their hand off, and I wouldn't blame them. Could they grab 51%?
Aren't we still fulfilling previous outstanding orders until end of July based on our extended production capacity? Eg, june orders already accounted for? I imagine some countries are ordering 3 months+ in advance, but may put off some if requiring tests delivered immediately. August onwards will be our golden era
The whole world is suffering through no fault of its own, bar China, by that logic it should be free for everyone. UK might appear to be rich, but we're balls deep in debt to the tune of £60k per person, so where's our free tests?