We would love to hear your thoughts about our site and services, please take our survey here.
Logic suggests that RF and Management have an agreement for news to stay under lock and key so that RF can accumulate more of the business. Management likely have some held for them on trust by RF. If it was any other way, the management would be saying anything positive to help prop the SP up. Silence says it all. Should land a nice fat subpeona at RF H/O demanidn details of all off record deals with GDR mgt team.
The only question everyone is focused on is sales. This is the WRONG question to ask as we can assume very safely that there is either little or no revenue for the forseeable. What to ask is what the limit of Equity for Debt with RiverFort is. Is it capped? At what point is the full investment realised? Until RF have put the full amount in, the equity price will fall. In this way RF lend the same amount but get the largest possible stake in GDR. If it is capped and on good news this will then give them a handsome return. Your equity is being given to RF to fund the business and I don't see this changing unless the business use Debt Financing. Very hard currently. You better hope you don't get diluted further. SHs are not going to end up in a happy place as there is 18 months+ more of this based on NICE test data range. Thereafter the numbers will really lift off . Still a long term and risky bet.
Got tipped Anghami by a mate in Dubai last week. Didn ttl touch it and its Gone.from .91 to over 3.0 in 2 days🤮. Clon needs something like that..it does seemingly happen!!-))
I said at least 18 months ago, why buy the company at that time and why indeed now. The short term funding has never matched the long term needs of the business, so at some point the business will be worth nothing not 8m amd not 15m. If you want to buy the business wait until it runs out of cash. There s no debt so very sellable but i d rather wait until any value has evaporated. You ll see some buyers then. What value unproven IP with not one contract signed?? Its not 8m.
What they know is that you can t buy in a closed period you dummy😄
My expectation is that when news lands it will be broadly positive but i rather suspect it will state more months of retests, tweaks and optimisation. I find it unlikely that it ll be a case of 'yup its all perfect and off we go to bolivia to build full scale' I m thinking it ll be up to 12 months of rework but in right direction. I m not looking to trade and want to hold my 11k for 3-4 years. I think this is going to be far beyond a microstock by then.
I'm not sure if i missed that or read it and forgot LS88!!! what an amateur haha! It did say there was material risk blah blah and didn't seem as clearcut as you make it. I guess if i was genuinely worried i d have sold!;-)
Agree Steward..worth a punt. My concern is more with NextChem and their finances! Hopefully it all comes together,
Just checked and I have 10.8K in this...I do wish it was more like 40-50K!!! Still my 10.8 could be worth 100K + over the next 2 years if business goes the right way. Even then it would still have a very low Mcap given the potential!!
Its like watching a slow motion car crash and is morbidly fascinating. Also good practice in exercising ones judgenent and seeing it play out.
What a nut job. 1. The cash wasnt generated by sales it was raised. "Generating Income" seems to be confused with Devote funding. This isnt income this is funding to support the bsuiness case that in time if proven will provide income. 3. Gdr shareprice has fallen so low that it has technically breached its covenenants with RF who can now refuse any further drawdowns. It is extremely tenuous and parlous as an investment and Roger has identified a clear issue that there are other AI plays out there and the first mover advantage GDR enjoyed is getting whittled away at. There is a window of opportunity but the new CEO is shackled to the deal of his predecessor and he needs to communicate something very soon or you ll get below 5p fast.
You re all mad. Are you all conspiracy theorists as well??
The money got spent keeping the lights on.
I can't help thing the same money going in now is the same money that went out. It was just a big shake to get rid of weak holders. This will go up another 200% on news.!
A lot of what's happening to the SP is not a GDR specific thing. By which I mean investors are holding cash as its a guaranteed return. Volumes across AIM are super low and GDR volume is only 20-30% of what it was a few months back. The only thing that can change that is Positive News. I personally see this going to 5-6p which I've said for a while as its a perfect storm both macro and stock specific.
Unfortunately getting any investment across the whole business landscape is incredibly hard currently. Business have money but they are sitting on their hands. I rather thing the financing deal was the only one on offer and its a pernicious deal that is going to shaft investors. I personally think GDR will be a success and survive long term but the existing shareholders will get diluted so severely over the next year or two that hanging about is pointless. Unless the CEO comes out and calms nerves, through cost cutting announcements and a clear path of sustainable financing, then its not looking good. He's said nothing to date and one has to infer from that.
What has management got to do with it??? The middle East including Egypt is on the brink of major conflict and the UK will be on a different side to them. Who think its conducive for business here?? All the more gold is languishing and all miners are suffering. Yes some positive news would be ideal but this is a mine way past its operational prime and the AISC is going one way which is up over time. I don't think this is realistically touchable. Further, if management start shouting loudly about success or increased dividends what do you think will happen?? Same as what happened in Tanzania with a mine that isn't part of a more powerful group, the rules will change and they ll come for more cash. I will but at 60p if it gets there around 10Ks worth and if it doesn't no regrets. I'm sure the sp will go on a march at some point but this is a risky stock.
Someone in government. You ve gone from calling me sb7t fro brains and an idiot to broadly agreeing to a straw clutching someone somewhere will surely push this through? I would suggest you go on to the RIVER FORT website and research their investments. We are in bed with the devil.
NiCE already recommended this to the NHS hence big RNS in feb. And yet Manchester will spend an age collecting data. The gargantuan size of the UK market is 5m max p.a. across loads of trusts. It will take 3 years+ for all those trusts to get on board with each spending £200,000-300,000. By the time it gets there you will be diluted like a bad glass of squash. Thats whats obvious.
You must be an absolute moron. Manchester trust is the most advanced GDR dialogue and they are spending 1.2m to gather data and test etc etc via devote. If you think there will be a contact anywhere within the NHS then you are just deluded or purposely being stupid. As roger says its years away. You aint getting a contract until the data gathering and samples.are done to death pal