Firering Strategic Minerals: From explorer to producer. Watch the video here.
A lot of negative dribble today.
The trades button is a handy way of checking versus the diatribe being said.
Examples:
Myles Mcnulty is buying a house
The company has no weapons in its armoury (because a cancer treatment and an LFT aren't weapons)
Off to paint the fence.
Onwards Avacta.
Avacta announce a worldwide distribution partnership and use the phrase "global stage" for LFTs and AVA6000 for their IP and the share price drops.
In terms of LFTs alone, more and more holiday destinations are announcing they will accept them, the airline industry is in crisis and needing a way out, only 10% of the world's population has had a jab and virus variants keep appearing.
The extended timeline for testing can't be a negative can it?
Anyway, slight rant over. Feel free to over react.
Onwards Avacta.
I see the Wheeltappers and Shutters, or Share hoppers and Shorters are out today on a, what, 5% drop?
When the importance of global distribution sinks in, including non EU countries, they will no doubt move else where.
Not sure why anyone would expect numbers in a distribution agreement but I doubt that a global distributor would sign up if they thought the numbers would be low.
Expecting this to change rapidly when it all actually sinks in.
Onwards Avacta.
The Avacta website says that these come in a carton containg 25 tests, buffers, etcetera.
Seems strange that the carton size is known if they are not being made already and cartons would be part of the supply chain.
Onwards Avacta.
Whilst the focus here is on the LFT, I think it would be useful to understand how recruitment for the AVA6000 trials across the six UK hospitals has gone/is going and which other cancer treatments are being considered.
On the LFT front, I can't see why the date was chosen if contract news wasn't expected before then and given that the website refers to "local distributors", news on distribution as well. This could include Abcam, who are a confirmed distributor (not specific to LFT) but as we are talking to multiple potential purchasers then others are likely to be added.
Three days and we will know.
Onwards Avacta.
By obtaining use approval in both the UK and the EU, Doctor Smith has covered his bases.
Given that the UK diagnostics industry seems at loggerheads with the UK government/Porton Down, this could prove to be a masterstroke.
As has been pointed out, we have been negotiating, so deals in the EU are closer each day and we seem to favour the intraday announcements of late.
All to play for.
Onwards Avacta.
Imagine there's no Innova
It's easy if you try
All S&S below us
Above us clear blue sky
Imagine all the EU
Using Affidx today
Imagine there's no contest
It isn't hard to do
Only the best is worth it
With manufacturers too
You may say I'm a dreamer
But I'm not the only one
Hope you decided to join us
As the RNSs will just come and come
Onwards Avacta.
This is where the CE mark is required:
Austria
Hungary
Poland
Belgium
Iceland
Portugal
Bulgaria
Ireland
Romania
Croatia
Italy
Slovakia
Cyprus
Latvia
Slovenia
Czech Republic
Liechtenstein
Spain
Denmark
Lithuania
Sweden
Estonia
Luxembourg
Switzerland
Finland
Malta
Turkey
France
Netherlands
United Kingdom
Germany
Norway
Greece
Might help explain the "multiple discussions" part of the RNS.
Onwards Avacta.
Malty. Some people clearly want a lower entry point because they know where this is going. This creates a tendency to not read anything positive into anything. Seen a few already today.
Worth rereading Poirot's post as well as there are some key points in there.
Onwards Avacta.