George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
That's a lot of pie in the sky they have no doubt. Latest revenue figures?
Let the sell on news brigade go. Let the media catch up. let the income start coming in. Upto nearly 374m sounds good to me for starters. Don't forget "expects 2m capacity will be sufficient to meet the expected demand for lateral flow COVID-19 antigen tests, with enough remaining capacity to be used for VISITECT® CD4 or COVID-19 antibody tests according to demand" of which there will also be plenty. Derisked completely now just wait.
Gotten a bit out of hand here. Just imo. Nearly 50% above NCYT..... on what?
Lol. Come on. Let it go
Have a feeling we might get news we been waiting for 7am
Is what is holding this back. No one wants a share they'll be 8% down on the second they buy!
This directors selling got me wondering if the numbers posted by walbrook are the extent of the gov contract. 150-200m
Very prohibitive. Wanting 93p to buy shares with mid 87p. Utter bs
Agree but shush last thing needed here is hype lien at ODX / AVCT. Just load up! As i notice some folk already doing in v large quantities. Even without demand for the ABC-19 (of which there will be plently) the ABDX is under-valued. I do wonder about the timing of the RNS this morning. It s almost a message that we are getting the orders cause we are the best so agrue with that GLP!
Good observation Dibs. if its true its not a deramp in my book. I think T0nic pretty much nails the reasoning. Leave it at that.
My theory is that ODX have tooled up for the Mologic test and have requested that if the government want ODX to make a different LFT then the gov loans the tooling for them.
that's about fair c909. I'd expect we will get some meat on those bones soon enough
Interestingly despite the obvious demand for LFT Antigen tests far exceeding the ODX capacity come April, ODX still state that they will effectively reserve capacity for the ABC -19 Antibody test as required. Bodes well IMO.
The loaned kit will facilitate the 2m a week according to the RNS. The RNS does not stipulate which lft as yet so it's possible that the loaned equip will simply be tooling specific to the preferred lft that meet the requirements. I think there's every chance this may be increased with further expansion . The UK gov is after 2m LFTs per day (14m per week) so if ODX are expecting to have spare capacity to do CD4 or antibody tests they might only be doing 1.4m LFTs (10 % of that required). Further expansion a given IMO. Prob funded by UKGOV!
Infectious yes. Surely that's what we are all really interested in? A friend of mine had a positive PCR 4 weeks after he had recovered from a mild case. Way past being infectious according to his doctor.
Haha beat me to this post. “Bigging up” was the exact phrase i had in mind and accurately describes BOJOs comments for those that missed
down 10%. WTAF
which is why I'm in ABDX and ODX! Antibody tests will have their day too!
I'm sure they'd like to. I assume that unlike the Antibody test the Government don't have first dibs (least for a few days) on the Mologic Antigen? Even at 2M per week I think to only thing limiting ODX will be capacity. I think the UK gov will have the full 2m initially. It wouldn't surprise me if the figure is more like 5m per week back end of summer. that would be over £10M profit per week!
Camman!!