Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
And you don't join such a company unless you have done your own due diligence and are excited about your and its prospects! GLA
Agreed. ODX is in a clear trading pattern and MM will fish for shares by spiking and dropping the price very quickly indeed. News is due on many fronts here and just look at Tils and SNG this week. Not a cross ramp and I fully expect ODX to move as quickly over coming weeks. GLA
Sorry, I disagree and I hope I am wrong! This is a direct lift from the most recent RNS update on lft
"The development of an Affimer-based lateral flow antigen test that can be manufactured at scale being carried out in partnership with BBI Solutions has made substantial progress". This to me is the step before tech transfer which happens when you have developed and happy with your test. It may just be poor drafting because I certainly want progress!
I may have got this wrong but tech transfer will only begin when they are fully content with the evaluation studies of their antigen test and then its manufacturing batches and CE marking. I am hoping for an RNS from Avacta this week stating the tech transfer has now began as its a major milestone. Completing tech transfer circa 4 weeks and CE marking 2 weeks later. GLA- we are due it!
Merchantbanker
"I still expect there to be a few surprises along the way that could add value". I agree and have posted before that Colin will need to make strategic decisions as ODX will be cash rich and have the potential to grow as a company through expanding manufacturing capacity/ takeovers! Or perhaps being bought out? Any further thoughts? GLA
Agreed about Aim being leaky. I think tech transfer news is now due from ODX and MHRA could come through with personal use for antibody test. But the wild thought is, Mologic or their key sponsor, Bill Gates might talk about their antigen test. Now that would be fun!
Every little helps! I have heard that shares move on anticipation of news. It may be that this is finally going to happen here and there is so much news to unfold!
I have always found Paul to be very responsive to specific questions and received this response a couple of hours ago:
"We would expect Omega to provide an update on the completion of technical transfer and similarly when finished product manufactured from the Alva facility site is available for commercial sale/supply".
Its what I expected and what I believe Colin said this on the 30th November .Technical transfer could well be nearly complete and so an RNS this week? Great timing for investors!
"Is this the bottom! "
I think so. Shares usually move on anticipation and the expectation is that tech transfer should be nearly completed. A case of trusting your own research and buying the dips. GLA
Great deliberate timing for the article and I expect SNG to be putting out news through an RNS this week. Just wish the Government had a holistic covid strategy rather than this adhoc, incoherent make it up as you go along way of dealing with this national emergency.
MHRA while an independent body its budget, senior staff appointments, performance management and timelines are agreed by the Government. These independent bodies are often called" arms length bodies" and sometimes their length from the Government are very short and sometimes round your neck!
So, I agree that MHRA have not rushed out to validate the antibody test which requires drawing blood as it would have undermined Gov covid vaccine strategy but its time has now come!
Really looking forward to next week as more of the ODX and Mologic story should be revealed as we move forward t tackle this engulfing virus.
"The next time I expect to see an RNS from Omega is to tell us the Mologic Antigen test is CE marked."
You could be correct but I expect an RNS on completion of the tech transfer with an update on productivity expansion and that could be early this week. The CE marking a couple of weeks later.
This would make a lot more marketing sense.....
Agreed. MHRA news will happen during trading hours and Mologic can release news at any time and Government Ministers always like a sound bite! Market Makers are in this to make money for themselves and shorting this stock has no logic. Hold and make money. DYOR
"The public don't need to know that antibody testing will be used to identify if/when they need a booster for the vaccine. It would complicate the messaging"
Agreed but think its coming!
When we get those posters that are deliberately posting carp it would be good to repost your timeline!
Its very easy to knock the Government, as they specialise in own goals but there are a great deal of people working for them who really do want to do the best job they can. ODX and Mologic will come to the fore now and MHRA home approval for the antibody test will also be announced soon. We also know that ODX started tech transfer before the pre-recorded message given by Colin on the 30th November and so that news could also land this week.
I keep buying these shares and so I am biased! DYOR
So, last couple of weeks its been:
new lockdowns in an attempt to stop covid expansion
vaccine roll out as away to re-open society and protect all eventually
asymptomatic testing now to halt covid expansion using antigen tests
Next, its going to be antibody testing with asymptomatics and others to see if they have had it and have antibodies in their system.
In the next four weeks it could be normal to have an antigen test to see if you have it and an antibody test to see if you have had it.(Just look at all of the Bidstack tenders for antibody tests). The clear Government message being that if you have covid antibodies in your system, although you are likely to have a level of immunity to covid, you could still be a carrier and stick to lockdown rules. I still also expect antibody tests to be used as part of the vaccine roll out and can see them being used in home, GP and hospital settings for generations, alas!
ODX is greatly under valued in my opinion but always welcome informed challenges to my logic. GLA
"GLA and am out of here."
Can you guarantee that please!
"Fully expecting news flow next week on the following:
1) Tech Transfer
2) Capacity Update (as looks like we can’t update on sales data on Covid products)"
Agreed and this is the news that will see a lot of people buying into this share at a much higher price.
Anticipation will now drive this sp higher. You can also see the Government starting to change their focus towards testing starting with air travel. That's deliberate and I expect lots more news dripped out over the weekend and next week. We could write their lines for them.....