Member Info for TonyFawcett

They will have paid more in fees

Hoping for an RNS this week with some positive news. GLA

Soon be time for the T20 brigade to move in anticipation of good flow results. GLA

Oil over $86

Cider, yes my conclusion is based on high hopes and the expectation that this is only a temporary setback which can quickly be rectified, as intimated in the recent RNS.

The solution to the Omicron Variant LFT will be announced before the end of January, therefore FDA approval by mid February. Remember this is only a temporary setback and will put us in good stead as other variants develop.

Oil continues its rise now above $85

Now that would be a sweet spot.

After yesterdays Operational update and confidence surrounding JKT-01Z, I am surprised the SP has consolidated today , a steady rise before flow results will reward the patient, PI’s & II’s and LTH’s . The SP is still well discounted from fair value . Given the fair warning on JKT-01Z, then it’s crazy to ignore at this price. GLA

Meanwhile Oil is now over $84 a barrel

If you’ve been here from start, originally they said the area had massive Gas reserves and oil was a bonus.
Forgetting all that, the Employee Share Options were taken as part wages most of which have been at the 2.5p level, taking that into consideration it would be conservative to think an SP of between 5p and 10p would be quite achievable after flow rates.
I think we can expect some nice numbers and a re rate in the SP. GLA

Forecasters seem to be cautious over flow rates, JKT-01Z could be significantly higher than any previous wells, 1,000 Bpd should not be ruled out and revenue much higher. GLA

Impossible to predict further share price increase , it’s completely depends on flow rates, could be at least 5p if the predictions pan out, 2.5p is possible in the short term as anticipation of flow results get nearer, current SP is still heavily discounted on fair value. GLA

There’s no reason why we can’t be back in the 2p range after this RNS , then above 5p - 8p depending on flow rates, this has been massively discounted. Time for a re-rate. Great RNS.

Should see a lift in the SP now prior to flow tests which should be significantly higher than previous wells. Well done Bloe , and well done LTH’s for keeping faith. Onwards and upwards now.
GLA

https://www.thetimes.co.uk/article/avacta-sinks-after-covid-testing-setback-dkfhl6bw5
This is only a temporary setback, the SP will recover, this is a buying opportunity. GLA

As Omicrom seems to be little more than a cold, plainly a test that can differentiate between the Common Cold, Flu and Covid 19 is what is required. All these virus’s seen to show a Covid positive test.

SP drop is totally overdone, with everything else Avacta has in the pipeline. AS sees this as a temporary problem which can have a quick fix. The SP will recover as this is a huge buying opportunity.

Looking forward to a positive RNS this week to revive the SP upto fair value. GLA

There’s now pressure on HMG to show more support for the UK diagnostic industry, so we might hear some news on that this week, and I am hoping for some an operational update from Avacta on sales progress and also from some of the many collaborative tie ups around the globe which will hopefully revive the SP in this sleeping giant.
GLA