Member Info for P3T3R

1. As far as I am concerned US NIPT delay does not equal cancelled/not happening, I am still holding strong ...

2. "One day he will be right" ... They do say that monkeys randomly tapping on a keyboard will eventually create the complete works of Shakespeare ... LOL

Courtesy timojelly on other site ...

https://www.dailymail.co.uk/news/article-9643143/Covid-testing-CARNAGE-puts-foreign-holidays-risk.html

So 50p by New Year 2025! ...

(50/13.5)^0.25 => 39% a year compunded. You would be so lucky to average 39% a year over the long term.

I don't really see the problem with 39% a year if it actually comes to pass.

Buy Low, Sell High is only possible if you can buy when the shares are relatively unloved and unrecognised ...

... whereas most people prefer Buy High and Sell Higher which is deemed riskier since most share prices spend 95% of the time below their highs.

These are not my own words, but extracted from a forum on the other site. The sentients are absolutely applicable here IMV.
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"Price is relative and changes. What doesn't change are the fundamentals of the business.

The constant is the quality of the business and the fact that it will develop and grow year on year.

In the long term the price will rise, and hopefully at a greater rate than that of the market and the sector in which it sits.

Mistiming the entry point is just a fact that happens all too frequently and, although frustrating, should be ignored.

Serious investing is a marathon, and not a sprint."

Still to break even ...

No complaints from me though. I jumped in eyes wide open, but have to admit I thought we would have been a lot closer last time around ...

"There is no way of knowing whether that big order was a buy or sell..."

Shouldn't really need to say it but someone sold it, and someone else bought it. Pretty obvious really ...

Based on remaining mine life as stated on website I make it 10.4p (sum of all parts, including cash and Salinbas) or 6.3p (less Salinbas)

plus future resource upgrades.

Think it's mostly a two part binary bet as to whether;

1. You believe that Salinbas will ever get to production, and
2. Future resource upgrades at existing mines.

In a few years time, the last few months will be a minor blip on the chart ...

Anything that gets the name of the products out there into the wider world is good ...

I now understand the phrase "A constant drumbeat of pessimism ..."
ROFLMAO

http://www.institutional-economics.com/section/comments/matt_ridleys_rational_optimism

"The 3 GLHs offering NIPT services are:

* South East GLH in partnership with the SAFE laboratory St Georges’ Hospital ..."

Specifically states the SAFE laboratory.

https://phescreening.blog.gov.uk/2021/01/28/nipt-procurement-and-launch-update/

"I wouldn’t rule them out raising more cash if a further acquisition or other decision has been made. We know they are open for more ..."

Mmmm ... If they do at these levels, then I will have to concede that capital allocation is not his strong point ...

"The bashers like to say i'm a cheerleader because I won't bash my own investment ..."

Optimism is always taken as pumping.

In reality the company has done nothing wrong apart from not living up to some over-inflated expectations that certain persons have managed to build up in their own minds.

"My personal opinion is that our failure to hit break-even is having a huge impact..."

To be fair, the company was not scheduled to break even until end this FY so no-one who has bought into the company up to this point can hold that against the company. Everyone who buys into the company should do so eyes wide open.

Admittedly the "increased" loss due to one-offs last year was disappointing.

"Novacyt received their FDA Emergency Use Authorization for their COVID-19 test in March following CE accreditation in February. Here PIs are still unclear on whether this remains a target for YGEN."

The answer is NO. I asked the direct question at the time about EUAs (both FDA and WHO).

"Yes, and they've been at it for years!! ..."

Prior to this year, I had a small "watch" holding. I've been "properly" in for under a year, so prepared to cut them a bit of slack in this regards ... LOL

"pdq! ..."

Takes time to build market share ...

"The market is still at a loss on what the potential size of the DPYD market is, hence no sp appreciation..."

The company has quoted a number of 2m units a year awhile back, either in annual report or a market presentation ...

Having said that, I still think the company progress has been great this year and continue to hold.

The post was merely a factual response to the previous post.