Member Info for Laura2022

Now that the funds have been secured and at least 1/4 taken by the new TR1 people it feels like it should move now

With added bonus of that asset sale (s)

Thank you

Do you also have a holding ?

£15k typo

£500k would still go along way with such a small market cap.thats my £17k buy shown as a sell

Gordon

V R S

Asset sale (anyone know the value?)

As previously announced, the disposal of the two mature businesses remains an ongoing process. Talks are at an advanced stage with one party regarding the sale of the AAC Cyroma plastics business, 

Looks.like influential people within Welsh Gov ?

But his name quite common so difficult to know

They took about 1/5th.of total raise

Worth a look

Looks really good for another rise here at GDR

next bug risers could be bio techs like GDR PYC etc

Looking ahead

The market has remained soft so far in 2024 and is likely to remain so for the balance of the year with ongoing consumer uncertainty in anticipation of potential changes to UK Government policy and ongoing volatility in private new EV demand. However, the long-term structural demand drivers and need for electrification remain in place; the UK market should see significant tailwinds from the zero-emission vehicle ("ZEV") Mandate legislation that requires automotive manufacturers to materially increase their ZEV sales mix materially, from 22% in 2024 to 38% by 2027 and 80% by 2030

PREM announced yesterday, probably by mistake at a GM, their operating costs at it's Zulu lithium plant have been and are currently running at $3m a month, they have failed to deliver any lithium to Canmax (who paid them $35m up front, money all gone) and had to call an emergency meeting to issue a further 4 billion shares to the existing 32 billion in issue, they are riddled with debt, despite the recent fall in their share price they are still valued at £15m !

I assume you HAD read it yourself as it's all there in the result

It was an expected and specific targeted attack

The directors have prepared financial forecasts to estimate the likely cash requirements of the Group over the period to 31 December 2025, given its stage of development and lack of recurring revenues. In preparing these financial forecasts, the directors have made certain assumptions with regards to the timing and amount of future expenditure over which they have control. The directors consider that they have taken a prudent view in preparing these forecasts.

The directors have identified that the Group will need to raise further funds during 2024 in order to conduct the planned Phase 2 clinical trial in mechanically ventilated patients. The ability of the Group to secure a fund raise in 2024 cannot be guaranteed, therefore the directors have prepared an alternative forecast which maintains a budget for further pre-clinical preparatory work that would produce data to undertake a fund raise in 2025, whilst significantly reducing research and development, and administrative spend. Should this alternative forecast be required, the directors are confident of achieving savings in expenditure within their control, resulting in the Group having sufficient resources until Q1 2026 without the need for a further fund raise, whilst maintaining the principal activity of the Group.

In addition, the directors have considered the sensitivity of the financial forecasts to changes in key assumptions, including, among others, potential cost overruns within anticipated spend.

After due consideration of these forecasts and current cash resources, including the sensitivity of key inputs, the directors consider that the Group has adequate financial resources to continue in operational existence for the foreseeable future (being a period of at least 12 months from the date of this report) and, for this reason, the financial statements have been prepared on a going concern basis.

They've explained the trails they can and cannot do and the manner in which they might do it in the RNS

Clearly for someone not invested you seem to want to comment on a weekly basis on VAL

Just have a kit kat ; )

Bothers me not what you do

Gluck

Mr Grim

My understanding is that the matched bargain facility is very difficult to trade but there is little option for existing holders

This shows the problem when CEO or links own more than 29%

They cam ride rough shod

Happened alot last 2yrs on AIM

I'm sure you'd see it differently "if you re invested" :)

You'd obviously mad enough your mind before even reading the RNS etc

Time waste