Member Info for PL75

We knew that. Did you catch the little detail about the two blue lines? I was hoping they’d be red to fit with the branding, but you can’t have it all :-D

Yeah, the funniest bit is that nothing has changed, it’s still a nice simple patient waiting game, Sir Al is the mightiest of all wampers. A nice simple straightforward interview from the CEO reminding us all of why we’re here and what’s to come, it’s HUGE.

I hope the manufacturer announcements, due very shortly btw, give an indication of their available capacity. Until then I must keep being miserable and post reminders that Sir Al was commenting on demand. We will soon find out about supply. Dewamping over.

If those numbers are as high as that, well, now won’t that be something? At that point, I’m going to start penning my resignation letter. Back to wamping.

Timster, don’t mention the timeline, we’re sweeping it under the carpet. It’s a bit embarrassing.
RK, yes! Inflection point, get in!
Chengdo, Chengdo?! Next thing ST will be back, this is like getting the band back together in the Blues Brothers

RNS tomorrow? The good news is that one day soon it’ll be true.

Great interview, asked some good questions, obviously ones Alistair was aware of and willing to answer. His view is we’re currently at fair value ignoring covid. Good to see realistic comments on the share price and also regarding an exit strategy. He’s expecting a bid to arrive after the cancer trials. Meanwhile, he’s expecting to earn an absolute SHED LOAD of cash due to the LFD. What’s not to like? Bookmark it... it’s worth a watch again and again...

Safy, we know it’s not fake. To switch analogies to DBs, we’re not selling cars. It was a terrible analogy by him as the vast majority of people test drive cars. Also a lot of people already have cars.... anyway...

To speak in plain English. We have a test. We’re trying to sell it. We need approvals to sell it in some places. We currently have no idea what’s going on other than an update is due. Magsy laid out a logical argument, if we’d had a large order we’d have known. DB actually said he’d RNS significant sales. We haven’t had an RNS... ergo... Don’t expect the sales update to blow your socks off. Yet.

These things take time, I don’t care how dry your fictional desert is, our potential customers won’t necessarily lap up our water if they already have some. Oops, back in the analogy. Patience is required.

Bear in mind the constraint is that the tests need a machine to run on, it’s not as simple as just saying the word needs tests. India certainly know that, they’re desperate, but part of that desperation is a lack of PCR capacity. Our more efficient test gives us a very good shout, but it doesn’t mean they’ll be hoovered straight up. So in that sense I disagree with your analogy.

The above summarises in to a negative view, but it’s not. I prefer realistic. We have a good product that will soon receive the approvals we need to be sold the world over. Sales will come, be patient and give it some time.

Spot on, just ignore, another day of folk allowing themselves to get wound up by an attention seeking fantasy trader. I clocked him and put him on ignore a while back. Sadly it’s not really worked due to everyone quoting his nonsense everywhere....

To continue your analogy, there’s just a bloke stood in front of you saying do you want to buy this bottle of water. You’re thirsty, but as a buyer you’re wondering, well, is it water? Could be any clear liquid. Any chance of a sip?

That’s DBs approach, they produced 60,000 tests and he has said feedback has been good. So you’ve now got a bunch of people thinking, wow, great water, much better then that murky stuff we currently got. Might get some more of that nice clear stuff once my existing supplies run out, waste not, want not. Someone else might just think, wow, this water is so efficiently thirst quenching I’ll bin everything I’ve got and order some right now. Other people will shrug and say, no thanks, I’ve already got plenty.

Let’s just be patient, some places are in the desert, other places have taps, some places need approvals to be able to sell water. Soon enough we’ll find out.

Hyper, they did. ‘ Genedrive has been re-certified ’

Dewamper. Both tests... it mentions BAMS and LFD

Nice one ‘we know’ Dave, get the roadshow rolling....

https://mobile.twitter.com/avacta/status/1278627706033364993

It’s not an approval, they’ll be in a queue, a long way behind GDR, due to it being an antibody test.

I said a long time ago that eventually competition would arrive and margins will ultimately be squeezed. Initially however it appears that Awacta’s main focus is the govt and businesses, that’s who has been mentioned. Those are the groups of potential customers that have been referenced, (workplaces, prisons etc), they also have deep pockets and so whilst manufacturing capability is scaled up and margins are at the highest it makes perfect sense to focus on these markets. It’s also where we are currently able to strike direct deals. Medusa19 will initially flog them as novelty items pretty much exclusively to us (we’ll all be intrigued, I know I’ve signed up). Over time this will evolve, but we shouldn’t shy from being able to make incredibly good margins, all other tests out there appear to achieve 60%+.

Or everyone is right? They’re speaking to more than one manufacturer and won’t be able to produce enough.

I think we should just focus on supplying one business...

https://www.theverge.com/2020/4/30/21243112/amazon-q1-2020-earnings-covid-19-coronavirus-jeff-bezos

We can cut him a deal. $3.5Bn Jeff? Done.

Full details here: https://www.phosphorus.com/covid-19-rt-qpcr-test

Limit of Detection: 5 copies / µL
Test Performance:
Sensitivity: 97.1%
Specificity: 98.2%
Positive Predictive Value: 97.1%
Negative Predictive Value: 98.2%

Bargain for $140.

To the person that just slid in to my DMs, I think you’re hot too, but enough for me to pay for messaging. If you see this stick a message on general chat and I’ll pick up there. Be interested to hear what you think of PLX anyway.

Beat me to it, £700m. I mean... I’ve heard some ramps in my time!

Best not mention that, everyone is in a good mood