Member Info for roger65

'Confirmation of advanced talks with a new prospective nomad'

Where did we see this 'confirmation'? Must have missed that. Unless of course you mean just by stating they were in advanced talks in the RNS means it's actually true? I suspect that's exactly what you mean and so ulitmately I think you're going to be very disappointed - as will I - in another week's time

That £20k buy was swiftly followed by nearly £60k of sells. Must say I'm surprised it's dropping already. That rise literally lasted barely 5 minutes. Shows you just how fragile confidence is here. GDR needs more cash so I'm going to hold out until they've got the next placing out of the way. 2025 might just be GDR's year.

Mr Cheek said GDR was in a 'brilliant position' in Dec 2023. The share price was over 6p then. I don't think I'd pay too much heed to what Cheek said at any point in his tenure as CEO. I'd say the same of Gino but Gino just hasn't said anything at all!

GDR have enough cash to go on spending £400k per month until about May. If it wants to embark on the FDA approval process then it will have to find the money from somewhere. That said, it's looking as if the company are rowing back on their interest in FDA approval as nothing is happening on that front at all. Maybe their are discussions for a low ball Take Over before that happens. That way the new owner will benefit from an inevitable surge in value if they do actually ever gain FDA approval. Ordinary share holders would long be history by that point in developments. AIMO

Those two issues (and the license transfer) were my hopes of an uplift. the first turned out to be a damp squib but I'm going to hold because the resource upgrade will hopefully put this back into positive territory. The offtake agreement should also hopefully be decent but circs surrounding that have not gone in our favour with the decline in lithium prices. My two last hopes of a recovery here.

I would prepare yourselves for the worst. There are simply far too many major red flags, not just a couple, for any NOMAD to see WBI as a safe bet. If all had been well as the last RNS tried to tell us then DD wouldn't have taken an entire month. I will be staggered if this survives.

Ra11adw2 - ok and Bernie stressed several times in his last interview that production was going to be delayed. In fact the last thing we had from the company stated Q1 2025 so i think the 'early 2025' hopes should probably also be put on hold.

Couldn't agree more with you fpvone regarding AIM. The LSE is its own worst enemy when it comes to the health of this part of its business. It's allowing it to destroy its own value by allowing all mms to be short termist and dupe retail as often as it possibly can. At soem point it will get so bad that the LSE either has to shut it down or overhaul the way it works. It's just too obviously bent at the moment

Less than 0.5p? And how many new shares issued I wonder? Last time it was nearly 3 times the amount in issue - 155m and ended up being 550m. That would be another kick in the proverbials for lths but I can't see any other option other than going private and just buying back shares from holders now at these levels or back at the previous placing price of 1.5p. Utter disaster this company management. I think back to when Gino was appointed too and many raised concerns about having scientist as CEO. Makes sense if it's going private and a proper CEO will then be put in place and Gino goes back to what he's trained for.

Thank you ricardo. A sensible and honest post from someone at last.

Already well in the red so am perturbed by the direction of travel even though we are told again and again by Bernard things are going well. Am I alone in worrying about the fact the wider market appears not have the same confidence as you? You obviously only want to read posts that agree with your own beliefs so just filter me. I'll do you the same favour by popping you in the green bin as your repeated hopeful posts are starting to jar when I see red day after day after day.

So everything is great and things are looking bright for the future - and the sp drops another 5%

rats leaving the sinking ship? Just doesn't add up if things are rosy. Most AIM stocks these days witness good rises when a company is expecting good news a few months off, and then a sell off when the news actually arrives. That's common. Currently with KOD there is a sell off on good news AND selling even when the next good news is those two or three months away. Nothing happening here that looks good for any investors: traders or lths

Bid dropped again on HL. Now 2.20p

EmC we seem to be going in the wrong direction from your confident sell price of 2.95p...

Emerald, you are clearly off your rocker. You only see what you want to see. Fine by me but your talk of 2.95p is miles off from what I can see here and now. Share price currently 2.27p and slowly dropping further each day with no word from the company. Another green bin resident

Bid dropped further...nothing seems to be able to stem the tide here..

What is the latest on this? I thought there was going to be a Court hearing in June but I looked through the RNSs and haven't seen anything since.

I think EUA could be an interesting opportunity IF Trump wins the election. He will end the war in Ukraine fairly swiftly and hopefully some of the risk is lessened and thus a quick spike could take place?

Personally think Gino is planning to take GDR private. They won't be successful trying to raise funds again after such little success in sales since the last placings, and if Gino was half serious about coming back to retail to help with another raise then he would be doing at least something to help keep pis engaged. Instead there's total silence. Suggests to me he knows results and progress is all too slow and they wont' be able to afford the FDA process. He's run out of options.

NHS England will not adopt a rollout until April 2025 earliest and from the NHSS reports last week I have serious doubts they will take another route from NICE's own recommendation ie Lab testing. I also thought the numbers for Mt-RNR1 were really bad and the report stated there were still 'research gaps' so even this test being adopted for a rollout is some way off.

Just for clarity I am now out having sold over the last two weeks all above 2.5p - the last portion actually on budget day! Similarly to Stocksaint I think things are now very bleak again for GDR and will watch from afar until the next funding issue is sorted. Or of course it is taken private or bought out for a low ball offer.

Someone said GDR is 'undervalued' but I'm amazed it has a mcap of over £10m given the position it's in, the money it needs to progress FDA approval, delays in NHS rollouts and its ongoing monthly costs of over £400k. Can't carry on. Stick my neck out but I think the next placing will be at or below 1p and that really will be the last throw of the dice. That's if there aren't already take over discussions going on, but if there are then the price can't be much above where it is now.

Repeat buys of 2000 shares. Let's hope they keep coming all day long.

Elco - ‘ AIM stock that is months away from production, is more than fully funded and can pivot across 2 minerals? Probably one of the safest and lowest risk aim shares.’

And that is why the share price keeps dropping?? Ah interesting

Yep will do Asher. Might well look back in once it’s dropped further but I have major concerns Bernie and KoD being totally out of their depth. Good luck with it.

There are safer opportunities elsewhere too

It’s not even as if there was a spike and loads of people took out some profits! There was an awful lot of selling.

It’s galling for holders here, I get that but I see it time and time again on AIM stocks with small companies trying to operate in dubious jurisdictions. Unless you’re a financial Titan then there is always a chance you’re going to be shafted by corrupt local officials. At the start of June the share price was 50% higher and yet since then supposedly KOD have made lots of progress. Haven’t they? Why has a third of the value of the share price been wiped off then? Some are just seeing this for what it is late on, incl me. Many have sold and moved on and some are just here taking it for all it’s worth. If this whole deal was kosher then yesterday the share price would have risen. No question. There’s the pervading odour of rats here now and this for me has become highly questionable.