Member Info for PSB123

Avacta definitely isn’t on the list of shares IG are stopping offering. I have a large position with them and believe me I have checked this carefully. The full list of shares can be seen at the link below and Avacta aren’t on it:

https://www.ig.com/content/dam/publicsites/igcom/uk/210219_IGM_UK_Affected%20Markets%20-%20Non%20TT.pdf

Weird. I heard this earlier and Avacta were the first share he discussed.

You can actually just hear the join. Where the interviewer says ‘what’ the first share we’re talking about’ he previously went into a spiel about Avacta. Catenae then followed as the second share. You can just hear that it doesn’t quite flow when the interviewer asks the question then he says Catenae. Question is why has this been removed? It was just speculation on the Huffington Post article.

Yes, you’re UK investments remain the same and are unaffected. There will be no delisting from AIM, hence why it’s referred to as a DUAL listing. There are many, many shares that do this. Anyone suggesting otherwise is being mischievous at best

Just a thought. I wonder if that could be EU sales?

There’s a bit of smoke and mirrors going on at the moment but I’m starting to wonder if Avacta have one test for Europe (the one we heard about in the recent RNS) but then have a much bigger UK government unbranded deal that they can’t talk about that will be through the consortium that is being kept very quiet.

I can’t help but wonder if Stifel are ignoring the UK business (where most of the manufacturing will be pointed) and are instead speculating on a lower number of tests sold into the EU.

All very conspiracy theory-ish but there’s a bit too much that doesn’t quite add up right now and this would explain it.

Anyone know where to get access to the full report please?

Where is this from?

So if you assume a basic valuation of $100-£120 per gold oz in the ground.

Our 1m proven should see us valued at $100 - $120m (say £70-85m roughly)

Looks highly likely that there’s at least another 1m out there too which we will hopefully prove in short order so £140 - £170m.

That would equate to an SP of around £1.50 to £1.80 based purely on the discoveries.

Plus there are the other metals as well but discounting them for now.

If we were to push further forward you’d expect we’d be able to capture a greater value but my hunch is we’ll be looking to prove circa 2m ozs then push for a sale at around the £150m mark, potentially as soon as H2 this year.

Absolutely fantastic potential and risk / reward at current prices in my opinion

After today’s news we aren’t far away from where Surescreen were when they got a £500m contract from the UK govt.

I would see that sort of of contract as only the very beginning / tip of the iceberg and remember UK is only one country. Based on what we know today we have very strong reason to believe we will have the best LFT in the world (and potentially the lowest cost to produce) which can be reproduced using standard components so can be licensed out everywhere and patented for over a decade to come.

Just wait and see where the SP goes in the very near future.!

Is this for their 20m tests?

So £500m for 20m tests = £25 a test. Is that right?

Huge if so

Love the calcs Pattbrown2, that would be staggering.

Just to put it in context the total amount of gold that has been mined IN ALL HISTORY is 197 tonnes. That is roughy 7m oz.

Your calculations below show there could be more gold in this deposit than has been mined in the whole world over all time!

And our market cap is £33m.

Apologies if this sounds ridiculously rampy but the potential return here is staggering beyond belief

Also some of the best posters are on Twitter and rarely post on here.

Look out for BBN (Big Bite Now), Ophidian and Myles McNulty in particular

Great to see Ophidian back with a post on here. If you read this remember the vast majority of posters really appreciate what you have to say, just filter / ignore the trolls.

If I remember correctly Abingdon are also the largest LFT manufacturer in Europe. Again, they are hardly not going to be used by the government’s domestic production strategy are they

What exactly did he say?

Just bumping this. Link to the interview with Dr Weiner on Bloomberg below which a few people have mentioned in other threads they weren’t able to find

I’ve seen this referenced a few times. Anyone have a link please? Thanks

https://twitter.com/sharemasteruk/status/1356645161573482501?s=21

Works against all variants, unlike all other mags currently being trialled
Easy to produce, small quantities needed. No issue with mass production at all
Easy to use at home, people can use it to stop them having to go to hospital
Moving as quickly as possible to get to market, quoting 6-9 months so could be being used en masse by the public by summer

Remember circa £50m placing by two hedge funds at £2 before the COVID results. Unbelievable that it’s still below that price at the opening. Incredible bargain here

I agree Boris will likely announce but what exactly points to Friday as the date?

‘We’ve created an indigenous lateral flow test manufacturing industry’