RE: Manufacturing Capacity27 Aug 2020 10:36
Good point Mikesilver
I was thinking something on the same line of though.
Have to say thinking that we were selling 10 million kit a month was and probably will be a wishful thinking. As discussed before only at £10 each would make more o less 5 time the revenue of June, if this was the current state of affair I suppose we would know by now one way or another.
This is why in my sale projection I take June as benchmark for the rest of the year, I like to be presently surprised.
So with spare capacity they are now producing the respiratory test, which I suppose will cost more than the normal covid only kit, will possibly bring higher margins given the fact that we are one of the few if not the only one that produce this kit, and will open new markets....I suppose in countries where the flu is not a big factor we will sell the normal covid kit and in countries with strong incidence of flu we will/should sell the respiratory kit?!