RE:At least 200,000,000 test kits per annumIt is going to be crazy the number of orders we see... On Sona's website they give a margin of 65-95%. Lots of room to play with gearing unit cost to size of orders.... Very soon...
NorthBayStreet wrote: 50,000,000+ for Canada....say another 150,000,000 for the USA, UK and Gulf countries
The mass manufacturing of SONA’s test kit will almost certainly lead to a stock price surge, one that can be seen as a safer bet than most due in part to government support. The Canadian government currently holds first right or refusal on all products that are produced as a result of their initial funding investment. As such, Canadian hospitals will receive priority before the needs of non-Canadian, foreign sales will be allowed. This indicates that SONA, in collaboration with laboratories, universities and hospitals using nanotechnology to develop point-of-care test kits, has the backing of the government, with a direct stake in seeing these kits come to market. The Trudeau government is publicly committed to purchasing 1M test kits per week, which can also help to increase the value of the stock. Government interest has also been registered by the US and the UK.