Member Info for roger65

I said I sold some yesterday Em. But don’t let only reading half a message or RNS worry you. You just pick out the bits you like and focus on those eh?

This will be where my eyes go to when the results are announced as that’s where they have to tell the truth about what’s around the corner financially for the company.

‘ I am 99% sure that they will generate enough sales to have cash for 12 months at least so any talk of a placing can be shelved for the next 9 months.’. Care of James. I wonder if these words will be ringing in my ears come Dec 2nd.

9 months for GDR with an increased monthly spend of £600k as of early 2025 (as stated in a previous RNS) means £5.4m. Would be brilliant if they do have that much but have my doubts of course. Time will tell.

Oh I see, it's the spread! Not the lack of trust in the MG and unresolved dispute between KODAL and Hainan.

Of course, it's the spread. lol

Ugh only sells so far today. share price not dropping though so probably mms letting their broker mates out.

Thank you for informed replies. Could be a very interesting few weeks here, as long as Lorna isn’t persuaded to do the dirty on share holders yet again.

Yes Eureka, time will tell.

James says I’m 100% guessing but then states he’s 99% confident GdR will generate enough income from sales to mean no placing needed for another 9months. So I’m guessing and you’re not?? lol

Presentation will be interesting for sure after results. I think we can all agree GDR has made strategic progress but whether or not it has made enough commercial progress is another matter.

Do we know who is paying for all the tests and machines for the pilot schemes? Hopefully by Dec 3rd I’m proved wrong and we will know they’ve got loads of cash and sales are rolling in!

And it's not me doing the scaremongering that's dropped the company mcap by 25%. That's down to KODAL's two main partners - Hainan and the Mali Government. Sorry, Mali Junta!

Someone posted here there is nothing to hold up the License transfer - could even have been you. So why hasn't it been transfered yet?

System, GDR will absolutely 100% need to do another placing. There is no way for the company to continue it's spending path even with last year's raises, a tax R&D refund of £800k, yesterday's Grant of £500k and whatever they are making in current sales - this could be anything between £100k and £250k per year I think .

So, the big question is...will Gino and Russ wait for some really significant news to land and allow the sp to rise to decent levels before going cap in hand to the market for another handout or go for it now? One could argue it's better to do it now whilst the sp is above 2p and they raise perhaps at 1.5p as they did last time. Might mean less dilution for existing share holders. The alternative is to sit it out and hope some good news will come along, but if it doesn't then the sp will drift lower and the company cash position will worsen, weakening GDR's bargaining position for a placing. That could be a lot worse for holders.

I hope int his presentation they will for once give some idea of timings for full commission rom the NHS rather than the usual guff of 'our plan for commercialisation is going well'. I'd like to hear Gino say they hope FDA de novo process will be started in January 2025 for MT-RNR1 and that the NHSS decision on a national rollout will be taken soon too. The info from yesterday was confusing. Stating a 24 month data collection study was starting on Nov 1st 2024 implies a full roll out won't happen until two years later. Can they provide the required data sooner than that and whilst the study is ongoing who is paying for all the GDR tests and machines being used to perform the tests? Need some clarity on this imo

Gino and Russ now have holdings in the company, albeit fairly modest ones. Will they take the longer term view that if a placing is done at a much lower sp they can buy far more shares than they currently own? Would mean in the long term they make more money.... So would ordinary share holders IF they can stomach the incredibly long wait for GDR to finally gain global traction in sales.

Agree. This is soon to move sharply imho and I think it's far more inclined to go north than otherwise.

Publish Feasibility Study. Think this has to happen and I can only assume it's good as it was included in the ML application. Why would they include it if it was bad?

ML granted - don't think TG will do a U turn on this as it would not encourage other companies to do business with them if they're seen as being unreliable and volatile.

Possible JV announcement. Even Jacobs can't really be that stupid as to believe Lorna and the small band of merry men could do this on their own. Surely? I'm assuming his statement was simply a case of them wanting to get further along the track than they currently are before getting into serious talks so as to realise more value for HE1 projects elsewhere going forwards.

I've got a lot riding on this now as I've slowly but surely built a stake since the sp turned from the .8s bottom. Not sure what I'm hoping for in terms of uplift as I have no idea which news will come first. One thing I do know I don't want to see is another bloody placing before the sp has improved. Please Lorna don't do it again to your share holders! Greatest risk to HE1 share holders is the CEO and Directors at the moment!

Glad to see al the nonsense of this being over a penny stop. If things don't get any worse and the license is properly transfered into Bernard's hands and then an off-take agreement is announced that should at least get things going in the right direction again and hopefully see the sp back in the .4s

Jeez yesterday was a tough one. Where will this short from Citrus Research end price wise? I'd have thought they'd have been over the moon getting a drop of over 100p in a matter of two or three hours would suffice but perhaps there will be others who now turn on Saylor's dream of MSTR being the world's biggest BTC hedge. Certainly going pear shaped at the moment. Can't complain too much after such a meteoric rise I guess but as it happens i did buy £16k yesterday at 525p and the price dropped so quickly I didn't see what had happened until I came back to my desk an hour later by which time it was too late. Now it's a case of should I stay or should I go with that extra top up? Will they flip the short quickly or really go for the kill? And will Saylor do anything about it?

Why is transfer of the License now being delayed?

HL just dropped the Bid to .95p

Thought this was about to start turning north. Hope you’re right tobeyhebest

Gino, Russ and Gilham hold shares. Hopefully they’d feel slightly aligned with us in not accepting the first offer to land before GDR has at least realised some of its potential? Get more sales announced and get the sp up to 5 or 6p on FDA process being announced and then accept an offer at 100% premium to that. Anyone at that stage playing hardball runs the risk of a competitor wading in with a rival bid. Could happen….

Karen, look back through trades today. Two £6.8k sells at 2.58p. They were both mine. Done a couple of minutes apart. One lot from my ISA, the other my trading acct. suck on that dear.

I did sell £17.6k earlier System at just under 2.6p

If this drops after results then l I’ll just wade back in. For now though £40k left in just fine.

I don’t think it will take 2 yrs either btw but to suggest it’ll be done in 6 months when they’ve gone to the trouble of stating 24months seems implausibly optimistic to me. I too had thought NhS roll out by April 2025 both in Scotland and England but this news today makes it look less likely. Hence my disappointment at asking to wait even longer for this to eventually fly.

I agree with that once there are meaningful sales a buyout offer will land. Hopefully 12.5p per share. Gla

Uh man, read the RNS the study starts when??? Work out 18 months to two years from then. Don’t think you’ll come up with April 2025. Mind you, it is you System sob you could come up with absolutely anything and believe you’re right. You carry on

NHS says 24months study.

System says results in 6months.

Who do I believe?? Hmmm let me think.

All eyes on the results now and the all important sales figures. Expanding sales from about £100k last year isn’t going to be hard. Hopefully.

Read the NHS press release. They state it’s a 24 month study. GDR’s RNS states duration of up to 18 months. If the NHS is to be believed then no national roll out until Nov 2026. Maybe that’s why the sp isn’t responding and indeed could now well drop back given just how long it’s going to take to achieve a national roll out - which is the holy grail for GDR’s commercial success. Just as GDR appears to take a step forward, the path to national roll out just gets extended by another couple of years. I’d honestly thought it could be as early as April 2025 and the same for FDA approval. This is going to fall again now. And we have the results to ‘look forward to’. Buggeration!