Member Info for TWatcher

Where did you see that ? The Omega page says L&G have less than 5%, and an archive of that page back in Jan shows that statment was the same then.
https://www.omegadiagnostics.com/Investor-Relations/Share-Holder-Information

there are a lot of asian sourced tests on that list, roughly 30% at a guess.

Well if you wanted discussion, you could have provided a link to the document so we all could see it.
Here it is:-
https://ec.europa.eu/health/sites/default/files/preparedness_response/docs/covid-19_rat_common-list_en.pdf
I did an adobe search for both "mologic" and "GAD" but there were zero hits. Where did you see mologic in this document, or can you provided a link to the doc you are refering to if it isn't this one ?

The abbot and roche tests are by far the most widely used tests in Europe with over 20 countries using each.

Total of 80+ tests on that list, with about half of them defined as "mutually recognised (3+ countries). To be far there are several variants from the same manufacturer.

TT-ing

they were TT-ed since before Christmas and knew the exact specifications. So they should have been doing these negotiations for 5 months, get everything signed and then be putting them into trucks from the first day after TT was complete.

anything can change at anytime, but the last formal utterance from ODX is that full use of the capacity is conditional on the uk contract, and that was only 12 days ago.

"...full utilisation of this capacity, is dependent on the confirmation above from the UK Government."

Some poor old working-at-home guy
"He reported how many posts in the last 30 mins ???...get rid of him"

Avizandum1

go for it, I quoted an RNS from ODX and commented on it. and while you are at it, let me know exactly which facts in my post you think are incorrect....that'll be interesting :)

Should I report you for attempting to stifle opinion that is different from the ones you prefer to read ?

Here's the relevant section from Colin king in full.

"The Company has made good progress towards establishing a lateral flow production capacity of approximately two million tests per week from its Alva facility in Scotland. The completion of that capacity target, and more importantly full utilisation of this capacity, is dependent on the confirmation above from the UK Government. In the meantime, Omega is currently using its own capacity to produce its own tests and following today's launch, the Company expects, together with the test to be licensed from the UK Government as above, to rapidly move towards full utilisation of its capacity of 2 million test per week."

Three things to note
1) "made good progress towards capacity of approx 2M tests a week". Unless you have a rather unusual interpretation of the English language, that means they are not at 2M a week capacity. Given that the gov contract specifically excludes use of the gov loan equipment for anything other than gov tests, then we know that they will only be capable of 2M a week with the gov test included. Other that good ol' sledgey121, whose muffled voice can still be heard saying "2M a week in April" from having his head in the sand, I think that's clear to everyone. You can pick a number between 500K and 1M capacity reserved for uk gov, dependant on how you view certain quotes from Lord Bethall.

2) No timeframe is given to get to 2M. This is clearly because they don't have the foggiest notion which test the gov will select, and if it is not the mologic test, a TT process has to begin. They need the test to be selected, and then they need the gov to raise a purchase order. a good proportion of ODX's capacity is under complete control of uk Gov.

The 2M weekly capacity assumes ODX can full utilise the non-government reserved portion of their capacity.

3) Unless i am mistaken, since the Oct capacity projections graph, ODX has NOT advised at any time what their capacity actually is. Certainly the trading update in Jan did not specify a current capacity, nor did that statement on the 30th of April, merely "good progress towards".

what is obvious to everyone except those that don't want to see it is, you can fulfil a contract without getting the £374M. Getting £50M would still be fulfilling the contract.

There is no confirmed stage where the Mologic test is, it has NEVER been named in any of those PHE docs. It may be somewhere, it may have failed. As a private company mologic are under no obligation to disclose, and of course although the ODX test is a generic version, because it is CE-ed as a separate test, Visitect, ODX is not in a position to talk about the success of otherwise of the Mologic test.

So to recap, ODX's ability to make visitect antibody test is totally in the hands of ABDX, ODX's can't make a gov test, until the gov tells it which test, and ODX is unable to comment on the validation or otherwise of the mologic test (and hence their visitect test), unless mologic does so.

ODX has very little control over any of the tests they can make.

but we've been told thw world is gagging for LFTs, that the daily requirement far far exceeds the world capacity.

So ODX should be beating buyers away from the doors with a big stick, such is the demand.

And yet STILL here is ODX sitting with a CE approved LFT antigen test, TWO CE approved LFT antibody tests, without single announced order, and all can be sold independent of any uk gov order.

So whats the problem ?

some really clever people have concluded that ODX have TT-ed the gov test, even though Colin King has categorically stated only last week that ODX do not know which test the gov will select.

That's quite a conclusion to draw.

I didn't say he didn't pay for any of his share, I did say his holding was 99% options. he has 2M shares options that haven't been paid for and around 800K ordinary shares. So his options form just over 71% of his share interests, not 99%.

I think wolf76 forgot he was logged in as Wallbrooke2021 at the time :)

I don't want clues.

I want a orders.

yeap correct, thoughmyou were referring to the mologic results as what he picked up on first.

picked it up first ??, it was discussed on here last week !

whats this whole "GAD makes one test and ODX makes another test" crap ?

GAD makes the mologic test. ODX just spent 4 months transferring the technology from Mologic to ODX, ensuring they can make an exact replica of the Mologic test, just marketing it as their own Visitect test.

ITS THE SAME TEST !