Member Info for roger65

Yes you can Franky - when the sp is back down to 3p :)

Joke. Over half a million quid sold today. At this rate this is going to be red by the end of play. FFS!

Gino and Ross will now be fully aware of the negative sentiment towards them, judging by reading this billboard alone, and probably aware that there is a significant chance the resolutions will not be passed. That means they are aware the company could go into administration within a matter of days. Regardless of this situation they appear to be doing nothing about it. No commas, no tweets no nothing. That means they don’t care if it goes into administration and hence my belief they’ve already lined this up for someone else to take over.

By the time we get to the EGM, the share price is going to be so low That even if they issued all 400 million shares they would only be able to raise an extra £1 million or so, hence they have too little too late and cannot survive. It’s all over or at least for ordinary shareholders it is. That this can be allowed to happen in what is supposedly a civilised country but in my opinion it has been a premeditated act to run the company into the ground. Not one measure to reduce monthly cash burn, not one reduction in director salaries, not a single communication to reassure existing shareholders that all might be well. What we have seen though is a series of RNs that have all conspired to damage confidence, sentiment and ultimately decimate the share price. Please do take a bow Gino, it’s been exceptional work! May you rot in hell?

That equity fundraisers mentioned by the CEO a couple of weeks ago seems to be taking an awfully long time. I do hope that wasn’t a serious statement designed to lure people in here for the short term. This needs some news and a bump up in the short term to have any chance of realising some of its potential.

Wishful thinking I fear.

Would be delighted to get out for anything over .65p

.457 and I’ll be at B/E

Thought today might get to that at the very least. Just seems as if the MG have given the EP but with all sorts of extra hurdles to get over. Is this just a way of delaying things further? Oh well. Back to waiting.

Ffs Emerald, can you not see from all the perfectly valid things you point out that this Management team DONT WANT to find a way out of this mess. IMO they are deliberately pushing GDR into administration because they will benefit from an entity already lined up to take the company over for peanuts. They’ll take their full salaries and then be rewarded with bonus payments from the new owner. That may be in the form of a share distribution in the new company to Gino and Russ and Gilham. It’s an utter disgrace. And if this is all genuine then Gino and Russ should not be Directors of any Company!

Disappointed with the rise today. Decent interview but nothing being revealed. And Craig, he didn’t say ‘others’. If anyone was going to buy this project off KOD it would be Hainan as they already own so much of it.

Is the sp suppressed due to constant selling by Suay Chin? Had really hoped to be up to .5 on this milestone news.

Nolza, it gets us to Jan 1st 2026 at the very least as I don’t think KOD can produce that much in the next 3 months or so. Hopefully once enough people have sold this will be allowed to rise properly? Or will Suay Chin just keep off loading?

John Henry, that’s if they could raise at .4p

How often have you seen a company in such a poor position as GDR is now raise at the prevailing sp?

What’s most disturbing of all is that it’s clear to me that Gino and Russ have a plan that will mean there’s fine. If they were fighting for their salaries and the company’s survival then they would have cut costs and reduced their salaries ages ago. Even now with just days before bankruptcy they are not willing to reduce their salaries by a penny. Does that not tell everyone they’re confident they have a plan to get out of this even if the company goes into administration. Said it so often but I think a deal was done possibly 2 yrs ago for them to deliver the IP to a PE firm for as low a cost as possible. The lower imtgat figure is the bigger the bonus they will be given once GDR is taken over or it’s IP in the hands of a new entity, with Gino and Russ on board as share holders. I think Gilham, Gino and Russ will even get to keep their shares going forward

Someone dumping hard here.

Beg ur pardon sp now down to 3.5 so expect BID to drop again shortly. Looking like I’ll get my 3p entry but this drop does suggest more professional investors than myself see something they don’t like here and will not buy in even at this low level. Why is that?

Jimi you’re a stalwart holder and much to be commended in that but there comes a time for every investor when one finally has to accept the unacceptable.

Disgraceful performance by the Directors and Chairman. They of course will also lose their shares but to each of them that amounts to peanuts, unlike many pis who have held on to the belief GDR was a good and worthy company to invest their hard earned cash in.

Bid down to 3.5p

Sorry Franky. Seems like you just can’t keep it up with yr endless witless posts. Someone keeps offloading when CMrS is supposedly on the brink of rocketing. Why would that be I wonder? Strange.

From Sylvia yesterday:

The export permit will not be issued until 1st Jan. 2026 as it is of no benefit to the Mali Government to issue a permit without a floor price.

Think that confirms you know absolutely nothing. Lol

Afraid I agree with the Executioner.

Unless the next RNS specifically states funding will be provided for any hospital wishing to use CYP2C19 Point of Care testing from this point onwards and Gino confirms there indeed plenty of hospitals lined up wanting the machines then this is done I’m afraid.

The sp has now fallen too low for the company to get any meaningful placing away at a price such that it would extend the cash runway far enough for the company to survive until an FDA approval might be gained. 400m shares at .25p would only give them £1m.

The contents of the next news from NICE and NHS regarding future commissioning will determine whether GDR goes bust or not. It’s as simple as that.

Best chance of rescuing this investment is for the IP to be sold by the administrators and hope there is a bidding war for it. Wages etc will need to be sorted first and then if anything left over share holders might see something. Thing is, if there’s still no sign (guarantee) of meaningful sales no one will want to cough up anything meaningful for it. There’s even a chance the machines will end up being sidelined altogether in the UK if the NHS can’t ever afford them in significant quantity. Suspect they will end up being used in the US and making a PE firm an absolute mountain of cash courtesy of the NHS and GDR share holders.

I actually thought I was dreaming !

Amazeballs

Well done Bernard. Credit where credit is due.

Now watch this fly. Finally

Yeah staying under 4p for another couple of weeks.

I’ve just pulled the trigger and voted no. These guys don’t deserve anything. The tests will be bought and used eventually but maybe not by the NHS who helped develop it but one can argue they’ve contributed hugely to the delays in getting the Testing into routine care so only have themselves to blame.

I’m always anxious my high risk investments and often they turn out to be rubbish. This looks as if it’s never going to get off the ground. Mac has very little money and will need to raise funds soon just to keep the lights on, let alone try and develop any of its existing investments. The latest results RNS looked very amateurish in its content and wording . Am starting to have serious doubts this one-man show of a company can achieve anything.