The beauty of Ellume is that, from my understanding, every test that gets produced in their new Maryland facility has a dash of Anteobind as the secret ingredient that makes the test so good.
The quantity required per test may be minuscule but is none the less the key ingredient that makes the test.
DT said in the last presentation that Ellume had re-signed the supply agreement at many multiples of the initial contract.
Whilst I don’t believe this agreement will generate company making profits, it will seriously underpin our P&L to save any future cap raises ,save any enormous expansion plans.
The opening of this plant and the income to ADO is the turning point for ADO on the way to greatness.
This may be the last opportunity to buy around these prices as once significant income appears in a quarterly, then ADO is no longer speculative.
This upcoming quarterly may have a glimpse of what’s to come (hopefully).
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