Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Is it just me that doesn't fully understand charts but there seems to be an image for every share situation ?
Luckily it didn't ruin it but I was staying with my son so didn't make things east and a choice of whether to turn back. I had no symptoms etc and hadn't seen her that much. Both my parents were positive but all clear now, thanks
@troublesome
I went on to Germany where I was originally going and sort of isolated at my exs flat ??
I understand there needs to be more testing and also had this issue myself, my mum got tested on the Wednesday however didn't tell me (I currently live in my parents house) so I went into work potentially spreading it for 4 days before I was contacted and the result back in for my mum (positive).
A lot of this needs to come down to individual ownership too, I should have been told when a test took place by my mum and also isolated or tested. In your case the father should not have sent his child to school from the day he orders a test, simple ways to combat this yet people seem to be out still after being tested whilst waiting for results !
I was actually on the ferry to Holland when I got a text telling me to isolate at home, not exaclty an option at that point and also told my isolation started 4 days prior.
We haven't but you can work out the majority of what we do have based on the cash at hand, previous sales figures and that would be 435 mil, I get it was an example. I just think the majority of smaller nations aren't buying in bulk, Ukraine as an example has bought from us and we have found the tender, the amount of people on here who provide great information would have found other orders, I'm sure. The example of the Egypt deal we had further backs my theory we are only really selling to a few select countries at the moment and the smaller nations aren't buying in mass volumes. That and we haven't increased capacity from the 10 mil giving maybe 70 mil or 65 mil rough revenue per month. It was stated an RNS won't be issued unless there is a materialistic change in income, says to me after June we were around the same ballpark until the NHS order came through.
I'd love to be proved wrong though
True true, however we aren't selling the kits in high enough volumes to all of the nations we have authorisation with and many simply won't be able to afford out kit and will end up with a sub standard chinese test.
I'd like to see ongoing RNSs with orders over £20 mil from any nation i think it would keep the sp ticking along nicely and show we are selling to the world rather than only announcing the huge deals which are likely to be UK, France, Germany, Germany was a surprise to many I think when it was stated previously it was a major customer. I'd be interested to know what they are buying for winter.
We just have to remember the fundamentals, it's so easy to sell having seen £9.50 drop to £7 again and hope you didn't miss the boat for 5 months like the previous £5 to £3 drop.
The acquisition will near enough pay itself off inside a year with projected profits and expected demand.
If anything I'm banking on it going back down so I can buy more
Oh yes 4% up on the day and jumping in at this point, highs of 220, I don't know why I haven't already sold everything here already
82552 @ 9.4
If anyone wants to donate a few thousand, feel free.
Now now, £8 first. Slow and steady wins the race
I've sadly had to slice a couple of times, around 530/550 house renovations needed paying and magnet refused to wait for the next RNS, can you believe it. Not too bad with a 1.64 average, nice for a relative newby to the shares world though.
I saw this over on another board, just wondered when some of you retire or make enough will you be going this far ? Rowka/tilly I'll be disappointed if it's a no from either of you, i want to see a yacht named Eurasia at the least.
https://twitter.com/AndrewWest18/status/1304441108424990720
Just mention the specificity of our test against all strains. The near person testing, winterplex and why the gov are wasting taxpayers money on overseas tests which are inaccurate such as randox rather than backing British businesses and getting the tax back into the 3conomy and therefore costing less per test
Very true and words I need to learn.
If by 2025 we have done 300% and made it to 21p from here I'd still consider that a success for myself. Beats the 3% I may make in a bank.
£6.7 mil spent by NHS Scotland on 500,000 lumiradx tests and 300 machines
Whilst it is great news that the Winterplex test is out, one thing that I noticed was this section;
"The Company is using its existing manufacturing capacity to produce the test panel and believes it can meet the expected global demand for the product."
Now if they are expecting significant incremental revenue from this it says to me we are nowhere near selling 10 million PCR tests, perhaps maybe as low as 6 or 7 of the 10 million capacity. On the other hand it could mean that the test is rather expensive and they expect to sell 1 million or less per month but with a higher test price. Significantly lowering the amount of potential customers.
Either way I'm looking forward to an RNS saying we are running at or near to full capacity to really got the SP moving. I'm expecting a 330-345 close.
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