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The RTC will sell to government, capacity is then left to private sales of antigen or antibody tests as odx will soon have both validated and available. I would suggest the antigen saliva will be easier to administer oneself so validation of this easier to achieve? Must be easier than drawing blood.

Iron ore prices hit fresh six-and-a-half year highs on Monday on the back of a Chinese construction and factory expansion boom.

According to Fastmarkets MB, benchmark 62% Fe fines imported into Northern China were changing hands for $130.17 a tonne on Monday, up 1.4% from Friday’s peg.

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That was the highest level for the steelmaking raw material since mid-January 2014 and brings gains for 2020 to over 41%.

THAT’S THE EQUIVALENT OF EXPANDING BY THE SIZE OF THE ENTIRE ECONOMY OF SAUDI ARABIA, SWITZERLAND OR ARGENTINA EACH YEAR
Boom times
China is expected to set a growth target of 5.5% in its 2021–2025 economic development plan, the fourteenth five-year plan since 1953.

While that’s down from the 6.5% GDP expansion target in the 2015–2020 plan, the relative size of the Chinese economy today translates to more than $750 billion being added to its GDP each year.

That’s the equivalent of expanding by the size of the entire economy of Saudi Arabia, Switzerland or Argentina each year. And most of the economic activity will be directed to steel intensive industries including domestic infrastructure, housing and transport.

Excavator sales in China – a handy lead indicator for construction activity – are skyrocketing. Caixin reports sales are up 51.3% to just under 21,000 units for the first eight months of the year.

So high unemployment, economic problems etc ?? Does this benefit the business as people search out new and alternative ways to get money? Can’t go to a bank so what can I do? And if controlled in a sensible, correct manner it can benefit the company

Odx have been implying these volumes and way forward for months, more set out and communicated than many other businesses which loads of people slated and criticised because it wasn’t fast enough.

Seems now that time wise development against need looks about as good as you can get and odx will just pull off the volume against need against validation and test in place

We are seeing a total falling apart if testing, the government isn’t highlighting how much it needs and is protecting the nhs as bear in mind it needs thousands of extra beds for standard winter flu. So when people wonder why the lockdowns it’s still fundamentally to protect the nhs and not allow it to get overwhelmed. This is a very serious, pivotal point where testing quickly and effectively is so key to keeping the economy going and not crumbling under winter normal demand

I like your 40% better and I do hope your right. I see no reason why they won’t refinance, like many it’s a national lockdown which will create problems

During this exact period when testing on an hourly basis seems to highlight more and more examples of it falling apart. Where care homes, health workers and schools are struggling to test sufficiently alongside general public. Admissions to hospital have risen sharply since last week.

In all this whether odx or another similar diagnostic business I will be gob smacked, totally, pretty much impossible odx can’t make good deals out of their position. On top of this winter coming, globally a huge shortage!!! Their waiting for validation to dispatch direct to general public, antibody and antigen. They need these updates and then everything will explode out. Mind blowing the level of struggle at the moment for many

There are 185,000 tests awaiting lab work, care homes struggling, results delayed so something needs to get changed as winter gets closer

That might not be lateral flow poc, that might be a instrument based test like trialled at Heathrow. Schools are sending year groups home, constantly chopping and changing direction due to no test, inaccurate tests, people font like taking the tests, time taken to get test results. As we see it’s not sustainable, poc, cheap, accurate, quick, instrument free are the ideal, best version

Serious cash numbers and tonnage still strong. I’ve bought some more as I transfer from sipp to isa to reduce tax liability. I’ll take the divi and then sell some in the sipp afterwards

I sold a few this morning but I guess I depends on how many you have and at what price they were bought???

Yes I think that approval would bring an rns as that would validate selling direct to the public which is a huge change

Now I’m the guy who doesn’t sell, sits and can average down but has also learnt his lesson. I’m 70% down, about 1.1 million shares so what’s that, 8 pence ish and I’ll break even. Never realised a loss on this share infact over the years bought and sold on fox and made some cash.

The % loss doesn’t worry me, it can shift this amount in three days on AIM if something huge comes out, skill is in how much you average down or not? Point at which to sell when going well and catch the upswing of which I’ve got a lot better at.

It can increase a lot based on nothing and all of a sudden you go blue, I sold some AGM the other month, sitting 60% down and all of a sudden sold for 25% increase.

It’s getting the sound business, non so dodgy directors that will admin the business, won’t dilute for their own benefit to hell and basically retain some value for all of which fox historically seems to show its overall still doing this. I guess the other positive note is based on age I have the time, I de risk the portfolio over time and this is now my most high risk share which I don’t actually think is that bad. 25 pence and I’ll be happy gla

The new equipment is standard stuff which has already been announced so I would find it hard how this now becomes rns material. Only things are test validations and significant sales, apart from that everything is known. As requested it’s clear to see how that odx are informing of known progress through twitter which is fine, this tends to get everyone going.

New kit installed and working end of October was the agreement so probably on schedule, I read Abbington are probably looking to IPO hence greater energy in sharing what they do.

Well you guys are super cool and confident going forward which is nice to read. That's a good chunk of shares bought for a smallish sum especially in compassion to some of the prices I paid when 10p downwards. I'll happily hold, it's my big risk, big potential share now which is fine by me. I'd like 15 p by 2021, that would put me into a good growth area but as I get into the 40s I like the divi idea now! Feels nice and rewarding so a good, 10% plus bonus share buy back would be good by 2022, I have time to want a few more years! Good luck guys

Their picking and choosing simply based on their opinion as to whether the bond will get refinanced which I understand but in this climate and level of uncertainty meaning bonds can be further refincnanced or actual not it's difficult to predict.

What we do know is the government isn't back tracking to full covid lockdown, what we know is they simply won't do this again due to economic disaster and so the business will be able to perform at far higher levels than seen in the last six months.

Does lending now increase as banks only choose certain people, roots? So whilst risky to banks safe bets for IPF?

They seem a very switched on business to me, you ideally have to be based on actually what they do and I hope and believe they are more than capable of refinancing. I guess we may continue to get more often covid updates in order to Calm the share and give some confidence. Gla

I want divi please and more of it

Like the antibody it will become part of the visitect brand, odx will be able to make and sell as many as they want based against customer demand and capacity, Mologic help with raw materials

Nope, I want the divi so share price as low as possible please, don’t mind the growth but want the cash to accumulate more

Reference the airlines;
boosted by the, evident, pent-up demand on routes that are now open and just need the quarantine shackles to be ameliorated so that we can initiate a comprehensive re-boot. The package of testing protocols is pivotal in that respect. Though short term capacity reductions have been introduced as a consequence of the government restrictions, the medium to long-term proposition has been slightly upgraded. Q2 2021 looks to be the start point.

Due to increases in cases the season which is starting looks as though in some areas is about to be paused