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because, at present, capacity can in now way satisfy demand. If they were able to produce 10m antibodies a week i think they would sell them all on MHRA approval.
its not a big test if you are confident in your investment, the trading statement is up until Sept - how backward looking do you have be to understand the real signs have only started to emerge very recently. I wish I could top up...
there wont be anything market sensitive in tonight's preso but there might be some more meat on the bones of the plan and strategy. Certainly interesting that its after Market close but I cant think why that would be.
they had taken delivery of new equipment to enable them to boost capacity to 500k pw but capacity was not yet at 500k pw.
what we don't know is the capacity for the various different test we manufacture...
Have to say the detail in the RNS is all positive but the extension is a little disappointing - must be very close if they are only extending up to year end.
Expecting plenty of news before year end - Hemo did say this year would be transformational.
a few months back we saw a week of rises back up to the high. Expect the same before news - I for one wouldn't want news at the current base as it would temper the rise significantly. if its positive Eli news then would want to be at around 15p before that drops then a push up to hopefully 25pish depending on the content, up front payment, etc.
I don't think anybody thinks she is a basket case - she does however want to steer clear of social unrest and standby the promise made by her and her father. Not to allow open mining in the Phulbari basin.
People throw mud when posters add some much needed realism. I would love this to go ahead, I know how quickly it can move and remember the re-rate 10yrs ago that saw us hit £3.40...but then Hasina spoke and re-iterated the message above. I'm not saying its impossible that she wont change her mind but at 73 does anybody think she will give the green light and go back on her word?...the last 10+yrs say she wont, the SP tells us she won't...
Admin won't remove my posts because there is nothing defamatory about them.
I'm allowed to be frustrated that the company haven't made more in roads in 12+ yrs out there?...I want to know what Gary Lye is still doing - he was our guy on the ground but he's been quiet for yrs? is he still taking a salary? Our investment should have been looked after but the GCM board have been milking it for yrs. If the project isn't a goer then go down the litigation route - they should have moved on that route 5 yrs ago in my opinion.
I'm allowed to be angry that in the decade I've been invested we've not had any real progress?
You cant rush this and the RNS the other day, although positive, still left many, many questions unanswered and the most important sticking point still unresolved.
Re-rate my ar5e.
The agreement signed the other day was just another way to kick the can down the road. THe Chinese don't hold any more weight it seems than anyone else. GCM have been banging on this door for ages. Until Hasina decides enough is enough then there will be no green light.
No re-rate next week, no MM games...just a gentle drift towards the shares favourite place. 10p
I've seen this many, many times in the 12+ yrs i've been in and out of this. News spike then drift all the way down to its low of 9-10p. The only times this has ever been different is when sentiment changed and approval was talked about by the people who matter - this last happened just over 10 yrs ago on the rise to around £3.40...it hasn't happened since and Hasina won't change her mind. GCM can sign all the agreements they want to but the fact remains a GoB proposal is not the same as Approval. The poster Phulbari has often been knocked for his negativity but he has been spot on since I've read his comments.
I was more confident in April but the recent delisting of Polo rang alarm bells. Tang might well package this up and sell it on but without a wiff of approval its not worth any more than 10p a share.
Hasina has never approved the mine - not sure what you've read but this would not be sat in the pence if go ahead was likely. She has been in staunch opposition ever since taken up her seat.
if you've been here that long then you know the likelihood of 55p next week is unlikely. It's just odd when we had a similar 100% day back earlier in the year you weren't as vocal...what is different this time and why wait until the absolute last minute to sign?
watch out for rampers to...not sure I've ever read a post from you hear before. 55p next week?...you obviously haven't shared the pain the rest of us have over the last 12 yrs!
it wasn't £7m it was £797,500. Still a lot of dosh to find but pushing them back does little for confidence. If he's not stumping up any cash then why should anyone else...
I've been bullish for so long but Polo really knocked the wind out of my sales. Tang just let it happen and I have no trust he will do the right thing by GCM shareholders regardless of the project go ahead. What was the point of the Director Appointment earlier this year...all he seems to have done is update the website with some ethical nonsense and ignored all of it. Delivering value to share holder my 4rse.
Can't blame the GoB for being screwed by your own board.
Predictable SP action this morning but the news was so positive. Couple that with the info in the preso and its easy to see how Omega will make a lot of tests and money over the coming months. Smallish order from the Gov was needed as the rubber stamp and I think they will take everything that can be made. Looking forward to the Airport news as that could be even bigger in terms of Profit margins.
I didn't think it would drop into the 70's...MM's must of loved that. I do wonder what the point of it was though...that still confuses me a little.
not sure what people were expecting - he has gone as far as he can without releasing anything Market Sensitive? Lovely to hear him say that MHRA is close and Gov negotiations are nearly very nearly there. Simple choice, get in now at 90p or buy in much higher when news starts to flow and things move north, quickly...
its been my worry for a while now. Tang is Dyani in some shape or form. Step one was take Polo private then work on GCM. Tang may have already agreed on the litigation route as he is a lawyer. A year ago I thought we might see £2 a share the Chinese go it alone. Now I've lost trust almost completely.
As long as institutions are negotiating placing options to get onboard. We have all the info from Colin around ramping up capacity so does anyone expect Colin to explain how many of our tests we have stockpiled and for what purpose. Why ramp up manufacturing, employ 50 odd more staff without concrete assurances that orders will come...
going back a few weeks to a post by someone I believe (and hope) that the delays are based on the fact we don't have the test number we need to satisfy nationwide rollout. Any idea what these numbers might need to be to start - 10mil?
500k capacity won't be enough so how are we going to ramp this up - extend further and with what cash? Look abroad?
whats the cash position here? - Placing possibly. Drops overdone on news surely?
agree, I wont be selling a bean but it is frustrating. What on earth is the hold up...no news on any front seems very odd and I agree that investor presentation is pretty pointless if we simply going over the info we already know at present?
Where is our huge Contract? Now is the time to be announcing news to maximise gains for Shareholders.