Member Info for Mikesilver

Discussed to death previously, no

I hope so too, even at £6.50 per test that's still doing £7 million, half of last years income alone. We have never seen massive contracts awarded to us or RNS'd yet managed to make £22.5 million in June. I'm sure GM knows what's going on and sales will have increased, Sept remember is the results of the NPT programme with our Q16 and 32 machines. However I'm doubtful the regular testing will prove massively beneficial v costs for the gov to take it up fully.

Businesses, governments, airports will want to stockpile for the winter season, nobody will want to be caught short and business or flights slowing down due to the inability to test paying customers.

@ chris

It has already been released that contracts have been extended through the winter and some into 2021, there just weren't any details of which. Presumably the gov order is extended as I believe there was an option to extend without a separate contract.

GM is not manipulating the SP, the investors are just bored

Emphasis on "could"

Could also make 100 mill.

Novacyt could get a 1bn tender from the British gov for testing

When are you expecting avct to bring their saliva test to market?

I think the massive cash generation will be the first to market, given ncyt background and proven record if we are first it could be huge. I'd love to see 250 mil + tender to NCYT for PCR and Saliva.

A quarterly sales update also ties in with Sept and will probably be announced alongside the AGM.

There is no need to specify we will move to a less frequent update on sales. If we have a bumper month I'm sure they would notify the market. I'd only expect the above product launches to potentially have a separate RNS

I would expect no significant (£10-15 mil)change in income per month either then, as the last stated month (June) was £22.5 mil if we assume the same for July + August, we would be sat on circa £63 mil in the bank. Expenses, R&D already paid for and invested in, much more to come in Sept.

"The Company expects to launch its NPT system by the end of July 2020."

"two-gene test to address markets employing this testing approach. Launch expected no later than September 2020"

"Development of a respiratory testing panel to diagnose and distinguish between influenza A&B, RSV and COVID-19. Launch expected during September 2020 for the 2020/21 flu season"

September really is the month that could swing this share back to and above £5 given the right figures and results of the AGM.

Or if you read
Primary completion estimated 28th August
Study results estimated 28 Sept

The assets in the ground are exactly that, if the sale doesn't come because an offer isn't accepted there may be an RNS stating what was offered and turned down. As stated the assets are there so we mine ourselves, this really is a win win.

Take your doom and gloom elsewhere

Please inform us why you're incapable of replying on the thread you created that has 2 replies, directed at you and your opening thread with the same name !

Every time I read his post I imagine the voice of Morgan Freeman and the look of Tom Hanks

I'm wondering about the flanks RNS, on the 09 Apr RNS as mentioned in todays it states the federal agencies have all approved as per Dec 19 RNS. So thats 8 months to a full approval and RNS stating we have the license. With this in mind the flanks may well be a 7 or 8 month process too as I believe we are at a similar stage with all federal agencies approving it ?

Anyone with more knowledge care to shed some light. Cheers

Clearly wasn't in from the 80p days

https://www.bbc.co.uk/news/uk-53632043

"Additionally, thousands of DNA test machines, which have already been used in eight London hospitals and can analyse nose swabs, will be rolled out across NHS hospitals from September.

Around 5,000 machines will provide 5.8 million tests in the coming months, the Department for Health said."

I'm under the belief that is us as we were are currently carrying out these trials. 5000 machines at £5000 a time is a nice 25 mill alone.

Why do you create a new Re when you've already Re'd to reply to the initial topic rather than replying on the actual post to the initial topic we are now two new topics in so you can reply to someone who commented on the Re topic you already created? I feel like half the new threads on here are comments about the last post on a previous thread about the same thing !

Every little bit of exposure helps. Cast your vote for the DBX. Hopefully the link works

https://www.driving.co.uk/news/motor-awards/motor-awards-2020-vote/

Well I'm struggling to get a quote for 135k to sell. I can sell in around 40k chunks though. Make of that what you will, doesn't seem like they're desperate for shares.

Brilliant RNS, one to note on that is a tax of £0.5m being made payable at a later date from the government. Still cash positive, £0.6m over the period and without doubt sales will continue, I see no reason why this couldn't do 100% today. Massively undervalued just needs to be seen by more investors.

The brilliant thing about this situation is it's win win, we get a sale great ! If we don't and we mine it ourselves even better

Sorry 10.5 mill for 5% if my maths is right