Member Info for Legalwolf

Bid up to 3.95p. Should move into the 4s shortly. Once we consolidate this move, then its a push up to 5p. Then we have the herd arriving next week in anticipation of the big news the following week. You can easily see 6p+ here before news lands. We have two more Friday FOMOs to come, each of which will put at least another 0.5p+ on the share price.

Add on the way up to maximise the gains from this rare and very high probability opportunity.

Dr R - how realistic is it to expect a placing at a higher price, when the rest of the junior market is having to do placings at significant discounts? The last placing here involved a discount and warrants. Is this just wishful thinking on your part, or has BG indicated this to you?

Still money to be made in this one I think - currently retesting 4p. If it breaks through then I can see it reaching 5p on Friday, and 6p next week. So potentially another 50% rise from its current level before news lands.

Last chance to get in sub 4p, which I've just taken.

There's just too much power and strength in GDR right now. The continued move up is inevitable, and more and more people are jumping aboard. 5p looks only a matter of short time imho. GLA

Turning into a complete basket case. The interview was not great at all. Seems to be a complete mess with one thing after another.

The interview was terrible. He wasn’t able to give any timelines or firm reassurance. The whole thing just seems to be a complete mess and going from one issue that needs resolving to another. Can’t even say whether this next placing will be the last one required and effectively it’s keep the lights on/plant running situation. Very bad situation and of course Prem isn’t going to be repaying any loan so don’t know why that’s being turned into some kind of heroic sacrifice. All imo and dyor

Only £450k in the coffers as at 31 March 2024. So will need to sort something out fast. If the SI has fallen through then unless there’s any alternative source, Bres will have no choice but to do a placing. There is no share price moving news either right now. So the longer Bres waits the more risk it takes in delaying the inevitable.

There won’t be any funding from an offtake. MR has already said that no binding offtake will be secured until Q2/Q3 next year. Cash is needed now. If it’s a placing then it won’t be 5p. That’s for sure.

If you’re both in then I’m selling on the bell tomorrow!

Big players wanting to get in as close to 3p as they can before it’s too late. This is getting ready to rip.

Thanks Paulie. I think Bres will do well to get the next raise away at 5p. They likely need to raise a large amount and therefore will do well to persuade investors to pay above or at market price for such a large amount. Might explain why the SI hasn't gone through. I think there is risk of having to raise at lower levels here, but let's see what happens.

UT at 3.10p. Could be lift off tomorrow folks. GLA

More amazing days to come between now and 31 July, in particular I am looking forward to two more Friday FOMO days. Keep adding on the way up and see how far GDR can go. Over 2000 trades today and can see this rising into NICE news. GLA

I can't see it dropping that much, even with a delay, unless no alternative date is provided in that scenario.

Yes - MATD has well over £10 million in cash, and so even if the workover is delayed, you can be confident that it will happen in the next few months you would think. So one to hold and add on the news me thinks.

So much strength - every tree shake gets bought into. Few want out before the big news lands at the end of this month and takes this even higher. Glad I added today, and will keep doing so as there is plenty of upside to come. Just the volume tells you that.

Some really large buys going through as well at that level. Bodes well.

What we thinking folks? Most seem to think everything will be on track and the share price is starting to move as well.

3.5p next, and then into the 4s. How many times over will this multibag by the end of the year?