Member Info for HarryDavid

I've got to say, things don't feel right for the PI here. The board have got it their way for so long, with failed promises, deadlines, budgets running out, surviving on grants and share dilution, none of which gives us a promising future.

Along comes David with his thoughts and understandings of the situation from the PIs side.

I'd much rather back his beliefs of the changes needed from his successful business background, than keep hoping the current BOD change their ways. They have the great science, but terrible business success.

This is a unique opportunity we have to see a different course for the company, one focused on our PI success.

I voted NO to make sure it counts.

Please take action at this critical time, I believe today is the last opportunity to vote with some brokers due to their deadlines.

Well thank you David for making yourself clear.

I've just voted NO on the back of this, as I see a better future with someone who is on this side of the fence.

Been here 5 years and suffered the never ending excuses and half truths.

I want the product to succeed and grow the company, not fester while money mules scalp off it.

"I truly believe in the product and can see GDR becoming a very viable company / investment for all.

I have been in touch with the Board over the last week or so and informed them that I have a lot to contribute including the possibility of alternative finance to prevent the possible share reorganisation and placing. I have requested a Board seat but have not received an answer, as yet."

Mr Nugent appears genuine after attending the meeting, it's in his and our interests that no dilution happens. We now know the board knows about his alternative finance offer, if deals are being done then there would be silence... lets see but it would be a massive win for everyone and the future of GDR.

Voted Yes. My broker said today was the last day to get your votes in, so make it count people. Its your future wealth at stake here.

Sadly, you keep commenting crap.

Great research John, always impressed with what you are discovering.

Definite signs of a brighter future.

How huge do you imagine SeaHawk?

We are currently evaluating potential acquisition funding options, including debt and/or strategic

JV partnerships, prior to exercising the option, that will enable us to capitalise on this opportunity.

Hmmm can He1 JV that with them?

How do you now validate your share holding and costs now that they are removed?

Surely this is important for everyone to be able to do?

I've found Reform UK - Romford, I can see East London Branch meeting, chaired by Reform UK - Romford Philip Hyde.

But there is no way to get your details to contact you? Can you please explain what to do now to contact?

Lottie123 Philip Hyde I've tried finding you but do not use those platforms, and find lots of people with that name. I want to join. How to proceed please?

Gino on the floor, sales limits off the table.

He's on live atm.

A "lot number" generally refers to a specific batch of items produced or handled together rather than a single item.

So its 1900 times the lot number quantity. So alot more than 1900.

Can anyone find out how many kits are produced per lot number?

Would the recent business development executive and field engineers not indicate movement much sooner, no point recruiting this soon if demand is not there?

How come it states RNS Number : 0130L if not an RNS?

"the company is eager to establish a partnership with Tanzania upon granting of the ML"

I would expect this week, but it will be delivered as a link in an email to you.

1000

Down memory lane, one of Tiburns from 19 Oct 2023, he is still about, just a name typo...

The last sentence is very poignant "fully funded into Q1 is the first foundation stone". If only that stone had been laid, instead of us getting some cowboy builders in to do the job...

And I quote:

Simply, because nothing is proven 100% yet, my post Oct 9th:

There is no specific timeframe set on when this company will come good.

As posted many times , three factors need to be 100% proven and delivered before this can move forward to a solid base, but when they do, those that made money on the crash will then make money on the rise - as its then expedient for them to do so.

PI then finally get a return if patience has been observed and - despite all - kept their shares.

1 - Production rising to breakeven and then into profit

Been waiting since 2021 for this, rocky road, but now the GGS is installed, MF can continue at double previous rates and prod can finally rise safely - we shall see when they reach the 2000 bpd, but WTI rise and hedge removal are substantial benefits to achieve cash flow positive with lower prod.

2 - Debt management

With prod rising into profit and growing (its not capped at 2000 bpd for 2024, thats just Cowan being conservative - they will see and update in time what GGS can deliver - then it opens the door to RBL for reasons outlined previously. RBL can then retire SL debt, perhaps some Bonds - we shall see. AM claimed a $60m target previously for this facility which is probably reasonable given the enhanced reserves leverage from CC following recompletions, plus BFU - any discovery drills completed add to this leverage.

SL should be around c $34m by now. They would need cash for field work, but SL debt is a drag anchor that RBL would remove, allow investment in the BFU and critically - fund COPL America - their strategic priority as stated in RNS:

"providing focus on the key strategic priority of increasing oil production to allow COPL America to become fully funded through 2024."

3 - Joint Venture

Illusive but pivotal - a year since the JVP approached COPL to discuss a JV - following which much analysis has increased their confidence of the resource, RS validation and the LOI. When JV occurs who knows, but it looks to be coming.

These 3 factors are not yet achieved so the share gets manipulated by every trick in the book, assisted by poor company comms and positioning - but soon these three factors will materialise and the mcap can rise with a solid base created - fully funded into Q1 is the first foundation stone.