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Was anyone really expecting news from the AGM? I for one was not !
It seems to me that todays rise is related to covid stocks and ncyt and abdx have also had a move
Sure there will be a few that say no news from AGM and try de ramp but those that have held on through all this pain may just get rewarded .
NHS roll out will do for starters and more interestingly from recent tweets from the company little distribution partners scattered all over the place. I wonder what they are for !

Omg roger really ,
May I ask have you met with the management like I have and listened to what the had to say ?
I stand by what I said this is for next year the recent investors who bought in didn’t do it to get the return in a few months .

Roger I dont agree I met with the management in the summer and had a good conversation with them, They seem to know what they are doing and if you are invested in this share then you would know that its for next year .
This is a good opportunity for anyone who was thinking about buying in to do so .
I would suggest that margin calls across the market has cause a lot of microcap stocks to have a big fall over the last month.

Professor Dame Sue Hill, Chief Scientific Officer for England and Senior Responsible Officer for Genomics in the NHS

Surely the fact she is all over this its only a matter of time that this is rolled out across the NHS

genedrive plc
@genedriveplc
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21m
#GDR Congratulations to everyone involved with this ground breaking study. Well deserved ??
@PALOH_Study

@NewStatesman
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NHS Genomic Medicine Service
@NHSgms
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Huge congratulations to the @PALOH_Study @MFT_SaintMarys @MFTnhs team for winning at the @NewStatesman Impact Awards last night for developing the world's first bedside genetic test for intensive care that will prevent babies going deaf.

Read more ??
https://england.nhs.uk/2022/04/nhs-develops-world-first-bedside-genetic-test-to-prevent-babies-going-deaf/
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stock has gone to mainly existing holders who are underwater so don't expect any selling

This time last year Tony's money was being looked at to be used in a different direction for the company which didn't happen .
Then also the economics for Coal were not anywhere near as good as what they have become this year, making it much more attractive to stick with the mine.
The old Board as we all know were crap and that was addressed, unfortunately for them they had various obstructions to overcome and they have .
The 400k went mainly to existing holders and given how much underwater they are I cant see them flipping anytime soon.
The stock was marked down because of the price the placing was done at but as we can see there is no significant selling , but more nibblers.
Board is targeting 3-4k washed coal a month, as it stands 2850 tonne under contract selling at $55 cost of production under $20 equates to $99750 a month assuming they can produce .
Then the fines of 1500t a month selling for $20 another $30k a month approx 1.25m sterling a year all in less corp costs and the return of 180k at some stage ,maybe they have tax losses that can be used also ? you can see its very interesting if it comes off, market cap at 2.3m seems a bit harsh based on those numbers imo. gla for the next few months .

Well you was right about the placing
This puts a line under things and the stock is in firm hands so no flippers, we can now see the direction and what the potential is with no obstructions to the company.
Reality is we are in better shape with higher prices for the coal and if that cash comes through the door as expected a second machine will enable much bigger output and higher income for the company.
There seems to be a bit of stock to digest but not much in monetary terms ,also terms for the BOD have not changed and 25p is when it kicks in so an interesting few months ahead which could be transformational .

I still cant get my head around the purchases made a few months ago by the two main bod.
Some on here I see saying 1-2p incoming and other negative comments and I get why they are saying it, but the fact remains that those purchases were made after they knew what the numbers looked like .
You have to ask the question why they bought ?
I just don't believe that they would throw good money in to lose it ,no one would do that
As they have not stepped in again at current levels would suggest to me that they are not in a position to do so .
I guess its wait and see time

Toff has a 1.7m following on Instagram 325k on twitter a fair audience

The fact they bought the stock then intrigues me as they clearly thought it was a cheap entry level knowing what the numbers looked like .
If they don't step in again over the next few days they have either made a big error in their judgement OR they are not in a position to deal! only my thoughts we shall see

Trying to fathom why the two main directors bought significant amounts of stock only 2 months ago? They must have known how things were going within the business.
Makes me wonder if there's something that hasn't happened yet

Are you market makers in disguise ha
Its a bit obvious ,where's the wave of sellers?

So what happens if the NHS decide to roll it out and give a multi million pound contract ,and then it gets rolled out elsewhere .? The stock goes on a run and then they raise the cash required.
Not rocket science is it?
Lots on here seem to think they will raise based on current levels which could be so far from the truth.
The strength in the price is telling you something IMO

Personally I think its a good performance today and i do not believe for one min the buyers that came in on Friday did so for a punt on todays Results

chad if you sold your last 50k earlier you won't be able to vote? you need to hold stock to vote

why no announcement yet?

be nice if we actually get the LOI that we have been waiting years for

Might not need one if the repairs have been done properly
We shall see how the next update goes they might be able to buy new machinery from cash flow if everything works accordingly.

Although the production numbers are below were I hoped they would be ,they have at least been honest have made some progress and more importantly sold some for a change.

I am more positive with the new board as they have already demonstrated more in the few months they have been there than the previous board did in the years I have been involved in this.

The next months update will be crucial in terms of showing us they are not a one trick pony.

Also with 60k of coal fines sitting there at 20 usd a tonne if they can shift it all its a decent amount of cash.

If the new coal prospect which has been found and is being assessed comes off then the economics look very attractive.