Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The worry is the bad news will be drip fed out at the investors meeting, this share has been clubbed to death
Im down about 65% on my investment, said to myself once the value of my shares dropped to £12K id bail out, now sitting at £10.4K, mmmm wonder what to do
This is dropping because the market doesn't view the investors meeting as a positive, they view it as a negative, understanably as if there was good news surely they would announce it
I still maintain that if the June sales were in line with the Jan-May figures, why not release them, that would show some continuity, and that the 7mill a month would be continuing likely figure
WBAFC, if the 4 points you made are, as you state, then why not inform share holders with an end of June update, I suspect there was no end of June update as Junes figures are well below the already dropping 7 mill a month figures for Jan-May and that would have spooked investors even more. The only update was to let us know that the sales had droped from 10 mill a month to 7 mill, the one and only contract that had been won is still in dispute and that GM was leaving with his big bonus.
We keep hearing about all the fantastic products, we'll soon have a bigger product range than Amazon, but are we selling anything like what we hoped for.
Shorts panicking, really? were now down another 3.5%
Shorts panicking? really, were down another 3%, why wou;d they panick?
I dont see this being resolved anytime soon, i can understand them wanting to keep the information on the dispute quiet, but even if they have a weak case for the dispute, what do they care, any defence or court costs will ultimately be paid by us, the taxpayer, as for other companies being wary supplying the DHSC, cant see that when their handing out contracts worth millions, suppliers may tighten up on payment terms but will still chase the rainbow
As the SP is drifting down again, unlikely
There is certainly a market for continuos testing, the question remains is NCYT fufilling that market, we keep hearing of supossedly lesser companies picking up huge contracts, I have bad feeling that the June's sales figures were not released because they may have shown a significant drop in the already dropping off sales figures.
I dont require daily updates bluelight, some sort of update on futures sales forecasts or news on contracts would be useful, all we know for certain is that the one and only contract we had is in dispute, sales figures are down, and the CEO has walked or been pushed with millions as a bonus, these are the facts
Testing may well be up, but some sort of confirmation that it's NCYT's test that is being bought would be useful, like an update on June's sales figures
No update then?
The shorters may well believe that if the figures aren't as glitzy as were hoping for there may be more milk to be squeezed out of this, if the figures/update are not that good and with GM leaving, the shorters will have a field day
Spot on Capt Haddock
On the other hand, he may not, dont think he's loosing any sleep
starting to drift down now
Then the SP reflects the performance.
We really need to start seeing some meat on the bones from the BOD, It's all very well doing fantastic R&D work but that needs to show some sign of being coverted into future sales, what is the market penetration into Europe, Asia, USA and Africa, no disrespect to the admiral work and research posters contribute to the BB but paragraphs and paragraphs how infection rates are rising, how may customers are gong through airports, someone drove by a testing centre and thought it was busy etc. we need to know whare of the pie NCYT are are actually getting.
The boss at Heathrow airport has been on the news advocating the use of cheaper LFT's to replace PCR testing, use of a PCR only to be used if the LFT is positive