Member Info for F458

It would appear using the term funding/placing or lack of funds are not to be spoken about !!!

grimshady
all I posted was ' very disappointed we have not received any revenue updates' Cash burn monthly won't be sustained beyond later in the year, Without revenue or update then funding will be required.
Whats lies about that !!!

Appears another one of my posts been removed again from yesterday !!!
So much for a balance view. It now confirms LSE can control the boards in favour of their positions therefore what's the point of this messaging board ?

Any explain why there are missing posts ??? I can' t imaged LSE are motivated in any way wether posts are restricted

another month end with still no update, a Positive RNS before the weekend will be good. We always seem to get an update towards the end of the month or beginning of new, either way news before Friday night or first thing Monday.
Good resistance at this level with so much upside than downside from here hence the buying today

hopefully Q2 update, 3 days left

Best route for GDR is to give multiple Licence's for others to manufacturer. The cost of producing would be dictated by each country but GDR will always receive a royalty for each sold. As stated previously I believe this is what is going on behind the scene. GDR will be seen helping the world with its tests at the same time receiving £1 per test for its formula. Would be interesting to find out how much in materials cost per test.
Any news of such will re-rate GDR back to where it should be. 100M test x £1 = £100M revenue without any further production costs.
Multiples of 100's M .of tests !!! .. Do the Maths !!! and we are just £30M M/C .. A high RE-Rate for sure

Starresntoff... I agree a better solution would be sell the rights to BC and even if GDR get just £1 per test that would equate to £100'Ms in revenue without doing any manufacturing allowing GDR to concentrate on their other products and R & D projects.
I also believe Mr Budd can not release any news on the Licence in India if they are considering this options as this would be price sensitive and inside information that can not be release at this stage due to on going internal agreements.
One thing for sure there is progress being the scenes.

I think we are seeing funds being raised behind the scenes, looks like a JV or institutional private agreement. Looking at all these 25k,10K and 5K blocks being released in the last week or two now. This can only conclude that production has been increased and possible joint venture in another country for the increase production levels for these tests. Its plausible an agreed price per test for India has been agreed and keeping the costs lower by manufacturing in India hence keeping production cost down which would suit India but at the same time keep the profit margins the same for GDR. In other words India can provide cheaper production cost using GDR test formula.
If this is the case then any announcement of such will propel the sp. The testing kits will provide enormous revenue for GDR together with a productive / Manufacturing base in Asia to provide a more cost effect test for that continent.

It would appear a placing will be due as today told us nothing in reference to Revenue. At this rate 40p would be the only incentive for a placing if not one is already in place. These usual blocks of 50K,25K 10K and 5K are all too frequent and points to forward selling

Poor RNS as it clearly mentions India appreciates our products but too costly for them. Shame as the majority of their population will miss out. India does not want to pay much for any product as it does not wish to spend any of its reserves wealth that its been accumulated over the last 20 years. India wishes to hold its financial power over the people’s need. So why should GDR reduce their product having spent £m’s on R&D

thanks for your comment and agree. Whats your take on these constant block sells ? Would you agree without positive update on any revenue funding will have to be addressed if not already done ?
My 40p was what I believe they would of agreed having discounted from 50p-60p a few weeks ago before we witness these consent block sell. There again I hope I am totally wrong but we are on AIM

The problem we are witnessing now are the current supply of tests that have already been supplied by other manufactures. And until they use their stock GDR are having to wait for any confirmed orders being authorised. Meanwhile its a waiting game and unless revenue starts to come in the next month or so I hate to say funding will need to be addressed. Not what I wish for but the current SP and the continued selling of Blocks lately all point to some form of funding has been agreed. 40p a share most likely but without further news or positive revenue who knows where we be at.
The key issue here are
1. We need sales orders NOW
2. Revenue generated before our cash burn runs out... Oct 2020
3. Approval most definitely for Europe and US sells.

Come on BOD's how long do we need to wait before GDR needs to raise funding again ?

top up earlier yesterday, However we know the burn rate will take us to Oct this year, 3 months. Anyone share any light on these constant 25K 10K 5K sells ? There is very little free float and these sells would relate to many taking big loses. I really do hope that we are not witnessing forward selling in pre-placing. AIM is full of tricks... SP suppressed from 157p and in the last month massive drop down to 46p this morning. Nice buying today but still signs of those blocks filtering in.
Any take any one ?

agree... Ive bought more at 53.49p shows as a sell, not bothered to wait if it gets a little lower as the upside is so much more our side. Expecting news end of the month and the mm's know this, buying back will be hard at these lower levels and virtually impossible if we get any update which is due anytime

Dave77... I was mainly referring to the fact GDR had release news every month since last Spring. There fore a few days to go.
We have also been told expect news in Q2, either way I bet we will have some news by Friday or next Tuesday at the latest

June is next Tuesday, We have been given updates every month for the last 12 months accept this month, So one would assume going by its track records of announcements new/rns before then.

We have been given an update every month since last June 2020. Nothing for this May as yet, track records show update before or on by Friday

Expecting news within Q2, so just days to go with a bank holiday looming this weekend, If no news by Friday then possible first thing on Tuesday Morning.

Selling will come, just be patient. It will all come at the same time. We still have over 6 months of operational cash burn so don't worry.... We are nowhere near running out of cash.
I would not rule out a JV or buyout on any of their products.