Member Info for bighammer

would that be August or September ?????. I dont think i have been invested in a share that has so much potential as GDR , but as with most aim shares that is what it is all about , potential .
Is it frustrating and annoying , YES. Have their been mistakes made ,imo another yes but i would be amazed if we dont get the FDA approval based on the fact that we have had approvals from a number of other bodies and then we can start getting sales numbers in as PCR and POC tests are going to be needed for a long while yet .
I feel we will get to £3 plus once we have approvals and sales figures but it may be over aperiod of time but the not knowing what is going on due to no update from the company means it is still a wait and see whether we like it all .

Does it really matter, my opinion is as much use as any other.

I think we will get an EUA with sales to follow in the millions , just my opinion though.

or patient.

Its interesting that GDR are targeting europe with the poc test as its looking like testing is going to to be needed to travel/ fly between countries for as long as covid is about . As the other half spends twice as long as the 10 mins needed for the test results in duty free , would it be possible / practicle to set up testing stations in airports across europe for poc tests and if so what sort of revenue would that bring in at say £20-30 per test if not more . Peel dont hypothosise on takeovers for no reason as they will be in the know so to speak as anyone else .

I would never say never but if we were going to get bought out i would nt have thought it would happen until we are up and running and selling all of our products . Buyouts are orchestrated by accountants as they want to see the profitability in numbers and currently we are burning money so no accountant would suggest gambling on what we could make they would rather pay more for the company when they can calculate with firm facts and figures.

Totally agree Jay , 3 years is farcical , more like 6 months........

I have just re read the rns and maybe we have done DB a di-service as pointed out by prophetus . In the last sentence having pointed out the widely known point that India have a price structure for PUBLIC tests they are looking at commercial oppotunities in the public and private sectors, so could it mean they expect to sell in the private sector but also looking at ways to sell in the public sector as well with a possible cheaper cost in line with govt price linked to a larger order ?????

Davemac it would br interesting to hear his reply, any chance of posting it up on this thread if he does, probably better if to reduce the number of e mails on the same thread to hopefully increase the chances of reply but the last paragraph in the rns was not required as it has no baring on the company .

This could be a slow but long sales point for gdr with the quality of product and temperature stability as it is looking like pcr tests are going to be needed gfor a long time to come

There will be people who would be willing to pay an extra couple of quid to have a better test , India is not just poor and ill informed people.

It would be nice to hear something from the company before close of play just to make it interesting for over the weekend .

With a cash burn until september personally i would want some sort of financial balance in place by the end of July so as to give me some breathing space be that a loan ,pp or something else . To have revenue in from sales from our tests i am assuming that could take about a month or so so that would mean we would need FDA approval by the end of June , so at the minute i am not that worried as it seems a year is the average time being taken for that to happen and that is when our submission was carried out coupled with the fact approvals seem to have incresed in number .
It would be good to hear others views on this as for me with no approvals by the end of June unless revenue is forthcoming by the end of July we could see a fundraising in some form .

I am going for 80p cop, sorry could nt resist.

But, if there was 17 on the list pending then that leaves 11 and we are one of those ????

If we are working on a 12 month timeline for fda approvals then we realistically still have a bout a month lee way. It seems that gdr have put all their eggs into USA and India . I can understand the reasoning to an extent in so much as they can get top price from America and volume from India but it just makes no sense not to sell in Europe when we have had the chance and oppotunity .
On the plus side although the company come across as very poor communicators all the rns s we have recieved lately have confirmed the company are heading in the right direction but the only interest the market have is have we got sales and the big answer to that is a massive NO. To say this is annoying is the understatement of the year so far but i am waiting for the day we get the approval and then sales should then follow.

Ben
I totally agree with you, we are flat out also in the East Mids, Northants . Company i work for have just picked up 5 sites in the last 3 months all within 20 min drive of where i live and i can think of at least another 6 sites . There just isnt enough tradesmen about , not even bad ones , the average age now i would think is well ovefr 40 -45 and for me that is near the end of our most productive in the way of quality AND quantity so without new young blood it is impossible to increase volume of house building imo.

Morning Ben , not so much shortage for chippy work but delivery and manufacture times extended due to reduced staff in factories i presume . External doors foe eg gone from 8 weeks to 16 week call off time

I am hoping the bod will rns any/all orders as this will inly have a positive effect on the company as a whole

Dave77 . it seems to me they have put all their eggs into one basket ie USA and possibly working on lower sales with higher profits , other than that i agree why the sales arent flowing . It is always good to see your posts as they come across as very balanced so look forward to seeing you back in in the future.