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Must be nice to blame someone. The rather inconveniently forgotten fact is that 2M a week capacity for April was forecast back in Oct, way before any notion of a gov antigen test, when CK believed a mass vaccination meant mass antibody testing.

And clearly that was wrong, the Good Law project is a smoke screen, no government in the world rolled out mass antibody testing side-by-side with mass vaccination. That is a historic fact.

The truth is that not only is the 2M a week capacity not being used, there is zero output evidence that ANY capacity has been used for months.

ODX is a listed company, it is not part of the gov, tying the company to gov contracts is a business decision, and if you haven't ensured contracts are stipulated such that they guarantee income, then that is the company's fault.

every month of non capacity revenue is output that can NOT be caught up, because you can't go beyond capacity. So it's a month's revenue that can not be recovered during the financial year.

answer "we are manufacturing all the tests"

Which was the complete non-answer that was given the last time the question was asked.

we are 3 weeks into april tomorrow, ODX state 2M delivered per week in April, that 6M delivered, or in this case 6M not delivered.

That's anywhere between £10M and £30M revenue lost (some have said each test is £5), compared to £1.5M revenue projected from covid activities for the entire year to 31st march. I'm surprised some of the so called long term investors here are not livid at a lost of revenue exceeding x10 the entire revenue for year ending Mar 2020.

BigJock really is going for it

some investors seem to be unaware that ODX made a firm unambiguous guarantee to deliver 2M LFTs per week in April, I'm surprised at that, but have included the reference to ensure they are fully advised of the quote.

Others don't seem to care that it isn't going to happen (which I flagged for a long time). Maybe its a result of drinking at home since lock down and overdoing it combined with some dubious swiping the wrong way on dating apps, dunno but they should be keeping their eye on the ball.

pubs aren't open you can't even get that fact right, or are you making a wild assumption that I live in the same part of the world as you ?...quite insular if so, are you American ?

Delivering 6M already this month is quite an achievement given TT for mologic not finished, they dont know what antigen test uk gov wants, vistitect tri-antibody test has been available for 6 months without a single order announcement, and abingdon, the lead partner in the RTC antibody consortium have not announced any orders for that lft.

Oh and odx hasn't announced ANY orders or ANY manufacturing output by RNS

Quite the achievement, in fact miraculous if true.

I expect a "taking a little longer" any time now.

All we re seeing is post ISA surpressed work by the MM's. Introduce fear, doubt etc etc. They re playing pyscho games"

I blame the Russians/Chinese....or possibly the Scots.

https://twitter.com/omegadiagnostic/status/1362040022015348738?s=21

Deliver 2M per week in April

"the technology transfer will conclude in due course"

due course = 20 weeks and counting.

April 2/3rds over. ODX is keeping terribly quiet about these 6M lft tests that they promised to have delivered by now.

They called the capacity scale up before the presentation in Oct ?... LOL !

"So, and I think I've mentioned this before, TT happened when CE mark was RNS'd"

You need to phone up and tell the CEO that he's wrong, because in a tweet on the 26/03 he said

"The techonology Transfer process will conclude in due course,but the key milestone has been passed, hence the CE marking"

Clearly thinks the TT did was not concluded when the CE marking was granted, let him know he's wrong.

A cert system that is recognised eu wide could be really beneficial.

Of course with the uk no longer being in Europe.....

lft testing if less beneficial when the incidence of covid in the population is low, the false positive rate ends up being larger than the actual number of real positives.

proprietary app 'certs' are absolutely useless, as no one is going to believe something that can be faked by a spotty 14 yr old, certainly not an airline or airport that will face severe penalties for failing to ensure covid status.

Needs a universally recognised system that can be independently validated by the entity that wants to inspect it.

a reminder f old news doesn't make it new

repeated old news doesn't make it new

Told by CK a few days later that TT has not been completed and we will be advised when it happens.

Currently ODX can not sell a single visitect antigen test to anyone, and no orders are going to be announced until the TT is completed.

were you expecting life changing news when you sold them ?