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Does it matter if the do or don’t mention NCYT? Let them front it up. The RNS said it all and the Company will profit from this. Many instances of buying a product or service from a brand but the IP or physical product is owned by someone else. That’s what we are doing here. I must admit I am interested to see if we get a mention on tonight’s gov daily briefing

Now we know we are the process and test kit supplier for the new lab ramping up to 30k tests a day and also tucked away in the RNS supplying more hospitals it’s becoming very hard to calculate the potential revenue and profit. We had some ball park figures from the sales of test kits using figures from last year but this collaboration project won’t be on those terms. Instead now we have scale. Anyone hazard a guess?

Maybe because the market has only been open for an hour since the news? Pros trade into the close. It’s more relevant where we close today...

All, can we cut down on all the useless posts about selling and twitter. Let’s focus on the news just released, what it means and what comes next. I couldn’t care less if people sell for a 10% profit. Well done to them. That was their plan. They haven’t followed the story here and can’t see the potential. The sp will go up and down (albeit less dramatically than before now it seems). What is important is where it is when this new capacity comes on line and orders are delivered. We know this is the real deal so sit tight and enjoy it rather than focusing on all the noise

What we really need is some kind of forward guidance in any shape or form. I’m used to AIM CEOs really talking their companies up and giving insights into the size of the prize. It’s usually all just hot air. Novacyt is different. We’ve had nothing but constant amazing results and good news. I am sure whilst they are clearly just focused on production and sales that the board have a strategy. It would be nice to see Graham Mullis also do an interview

You would think they would release an RNS first thing tomorrow to confirm. And throw in the latest orders/sales for good measure. If the growth continues, which it should given all the material ordered, then we’ll be well on our way to £3 this week

We need tests for all the animals now too!

Can you post some extracts

Yes I am confident Novacyt are delivering what they say they will and working with the gov/NHS/PHE in a constructive way. They are very quite on the media front and very measured in their News Releases. Just stating the facts and not speculating. I get the feeling they are building strong relationships and acting with integrity. This approach may disappoint the traders in the short term but should deliver strong results in the long term

Discussion on C4 news now about how a £5m deal with the welsh gov fell through. They won’t say who with. Hopefully it was Roche and Novacyt step in the pick it up. That’s a big deal

Gove confirms that supply is constrained by availability of reagents for tests. Government working with companies to resolve. Novacyt also mentioned on C4 news at 7 as one of the 3 tests being used by the NHS. It seems the Germans got the jump on the reagent supply in January hence they are testing 500k a day. I am sure that as the reagents are secured the orders will continue to ramp up all over the world

Usual mid morning dip in profit taking. Traders in this but you’ll make much more just holding

Not a share to trade anymore. This is the real deal. Steady re rate onward from here. Signposted news flow for the next few weeks as stated in the RNS. I expect IIs to be buying up shares now so watch this move fast. Who wouldn’t want to be investing in this company at this time.

I think you are thinking of the antibody test that tells you if you have had it or not

They must report news in line with the market regulations. The FDA news was out over the weekend so had to be communicated first thing Monday. The team are more interested in running the company and delivering results than worrying about release timings of news. If they deliver on what we think they’ve got lined up then the SP will take care of itself

Most gold shares I’m watching have shown the same weakness today which is surprising me too as gold has held up well. It can’t seem to break out to the next range this week though.

We should get the Q1 update next month which hopefully demonstrates the benefit of the current gold price and FX rates

One of the things I have learnt is to lower your expectations. Just because the you see the offer and bid at certain prices rarely means that is what you will achieve in these small aim companies. I was lucky to get in early on Wednesday at 08:30 at 15.93p as I had done my research with NCYT but I had to sell all the way up and down over the day. I could be annoyed I couldn’t sell the lot at the top for 100% profit however I am happy with the 50% I actually achieved. There are no games going on it’s just the market and how it’s made. Still hold half as I am keen to see where this ends up when the test is ready in 8 weeks time. If you want a tighter spread and more liquidity then only deal with FTSE shares but guess what the movements up are less dramatic

The problem is most came in here on the news so aren’t in it for the long haul. It’s a shame you didn’t get your average down more as I saw you calling this before the news dropped. I think in the medium term you’ll be back in profit when the test gets approved and sales come through. That will be a few months down the line though from here

Novacyt mentioned on the news at 6. 10 min report was testing in general

Singapore already forecasting a recession. I think regardless of any positives most economies are headed that way even if a shorter lived one. Whilst Gold may act a little erratic to begin with it will still become the safe haven and prices should rise this year