Member Info for MU345

“Annual copper production is projected to be in excess of 15,300 tonnes per annum from 2022 onward and average 16,789 tonnes over the life of mine, subject to a positive definitive feasibility study.”

“The pre-tax Project NPV8% of the expansion option over the projected 20+ year life of mine is c.US$280m while projected operating margins range from US$56-68 per tonne mined from 2025 onward. Projected cashflow over the life of mine is c.US$825m. C1 cash costs per pound of saleable copper average US$1.63 over the life of mine; the equivalent C3 cost is $1.93.”

I think it’ll be one of those where you look back over the years and wonder how it went so low.

Look at Rolls Royce they’ve raised 3x their shares at 32.00 and hit 140.00 a few weeks later. Not ideal the raising here as low as 0.20, but it’s the opportunity for more bags over the coming years.

$15,000,000.00 funding. With the majority being used on developing the existing Ming mine which looks to be a top quality resources.

Short term pain for long term gain.

Granted positive news at VAST makes no impact to the short term SP. however, it continues to improve future prospects. Good for LTH.

Granted positive news at VAST makes no impact to the short term SP. however, it continues to improve future prospects. Good for LTH.

30% up...

Around 3m sells after trading hours which I suspect caused the dip to 79.00.

Share price still doing excellently at the moment considering the debt and wider market turmoil.

Current capacity is around what 250,000 per week.

In April it will be 2,000,000 per week.

There’ll be an 800% increase in testing capacity over the coming months.

Forget the share price. I remember when it dropped to 32.00p and hit 68.00 2 days later. Have the fundamentals changed since we hit 126.00. Not likely.

“Don't own any but always sniffing around for a bargain.“

Laughable - as if you believe that these BB make the slightest bit of impact to the share price. If your brain was dynamite you couldn’t blow your cap off.

I hope no- one sold under 80.00. Because that is just plain daylight robbery

If anyone has sold sub 80.00 you’re absolutely mad

126.00 a few of weeks ago.

Nothing has changed.

People selling sub 100.00 today.

Go figure.

Itisallagame - you’ve changed your tune from a few days ago..

How long before before you go from deramper back to ramper? Or are you just waiting for the SP to go up a little bit first?

“Itisallagame
Posted in: ODX
Posts: 318
Price: 105.00
No Opinion
time to reassess again ....09 Oct 2020 14:58
imho 200p to 300p by end of month and 500p by end of november

1st order given now
MHRA is a done deal
Orders 2 follow

Plus all the other stuff odx has . IMHO ODX will **** over GNR and AVCT and give french nvcyt arun for its money”

simply, a skilled workforce is put in place by hiring skilled professionals.

I’ve noticed jobs often well into double figures had been advertised since March. For various roles contributing towards a skilled workforce.

You don’t think they’re going to invest in this equipment and leave it to collect dust during a global pandemic when they’ll have 5 top tier tests to produce! Colin may wear shirts which some don’t approve of but I certainly don’t fault his ability as a CEO.

As per the last presentation Colin indicated there may be a plan in place by the end of October for how the full 2,500,000 per week capacity can be achieved.

Surely once we are producing 10,000,000 tests per month or market capitalisation will be competing with the levels of NCYT whilst our underlying business opportunities remain excellent.

And for anyone selling at this time, it’s either out of lack of patience or lack of understanding. But don’t worry, they’ll jump back on the bandwagon once it’s moved 100% and repeat their antics.

https://mobile.twitter.com/OmegaDiagnostic/status/1305137503737974786

September 13th Omega diagnostics tweeted that they had boosted capacity to almost 500,000 per week. It would be prudent to believe we may well be beyond that now on the road to 2,500,000 per week.

Why am I reading comments that our capacity is 5x less than the information which has been provided by the company.

Fair enough deramp as I know some get a kick out of it. But to make up false information... embarrassing.

November 26th by my calculations

“It's just broke through 92p, don't let thise mms have your shares cheap, by the dip haha... yerr right

Pe ratio of 126, mentaly overvalued here but u dont listen to andy all u want is echo chamber. Pffft.

Cu at 75p“

Haha another stay at home Susan spouting dross all over. Most likely bought the spike to 126.00p, sold at 90.00p and now wants others to lose out too. Laughable behaviour.

Value continues to increase as capacity moves closer towards 2,500,000 tests per week. Antigen lft commercialisation isn’t far away. The share price was recently 126.00p on the government contract news.

We’re in the same market space as NCYT and they now have a market cap of around 800m whilst before covid our market cap exceeded that of NCYT.

Shortly we’ll have 5 top tier tests covering every environment in both antigen and antibody with capacity to produce 2.5m per week.

You won’t find an easier buy and hold in truth.

On its way back to 1p.

“there will be a race to sell when they announce the following....... . Completion of non-core asset sales and a concurrent Equity Raising sufficient to generate minimum net proceeds of US$ 15 million, when combined with the net proceeds of the Note Financing ;”

Why do you think the share price is 0.40 and not 2.50?

In fact as you have pointed out, what you’ll have is a company with a 100% owned gold & copper mine in an excellent jurisdiction with various assets some almost worth as much as the current mcap and now with £15,000,000 in cash to expand and develop.

Given the cost of precious metals at the moment I think you’ll do very well to find a more obvious buy.

100+ finish on the cards?

We all know we should be beyond this current SP in any case and will be soon!