Member Info for roger65

oh no, apparently someone left the diamonds on the bus on the way over to Vast's bank

I wonder how much revenue * Greater Manchester Hospitals* can generate...

As has been clarified by certain posters already on this bb the NICE eva process was never about gaining Full recommendation. It was to help get products to market sooner rather than later so GDR were never going to get that green light by which NHS Trusts would automatically adopt the AIHL tests. It was always designed to get it into the market place asap and start gathering more data. How could NICE and the NHS do that if their message was effectively saying 'we're not sure about this'. It's got the conditional recommendation it was after and now it's up to each and every NHS Trust to assess if it wants to spend part of it's budgets on take up. Or they can look for Grants/Gifts to put it in place.

I wonder how much revenue can generate just by themselves in a year. Several distribution agreements all over Europe and the Middle East in place - why now if they can't sell for another 3 or 4 years. Those distribution companies would not want to tie themselves down with GDR and this product if they had to wait that long to get it on the shelves. there could easily be a technological break through somewhere else that comes along and means they're all fighting to get their hands on that but would be delayed by having to disentangle themselves from the agreement with GDR first, wasting time and possibly losing out to competitor Distribution companies.

No, they must all know something is afoot imho and that the RF deal, whilst a rubbish one, is potentially only short term and means GDR can keep the lights on for another year.

IF, and it's a big if, they don't sell anything or at most another £100k or so then the sp will be back under 10p by the time they need to do another raise and no one but no one will touch them with a barge pole after repeated failures in their 'focus on commercialisation'. Not going too well thus far alas...but I feel there could be something on the very near horizon to change sentiment once more.

Great price to top up at.

Would add more if I could.

Hope it drops more so i can add more when it's pay day.

Jump on before the train leaves the station...

Have I missed any?

If they make it to the next stage with Sandbox then I think this is already priced in - or rather was - at about 1.5 - 1.75p.

If they don't then ouch. It's going to hurt. Think I just might have boobed with this one. There are always people who are in the know and if things looked good it would be slowly but surely creeping up. It's not.

Is this really down by over 99% in just 4 and a half years? That's a dodgy stock and make no mistake. AP has a a dreadful reputation and not for nothing. Looking at the last few years here he has obviously milked this somehow. either than or he's about to go bankrupt himself. What a sh.t show and yet he's still stringing so many along. Do yourselves a favour and put your money in PBs. This isn't even a red/white scenario. AP wants your money and will take it any way he can. Shocking.

It's as if the mms don't want anything to happen here and are putting off anyone buying or selling.

Hey someone is running off with our bag of diamonds by the looks of the sp action today....

It's probably VAST's own CEO. lol

going pear shaped fast as people realise this is a highly improbably situation and those diamonds have most likely already been sold and the money spent by someone from either the Govt or the Bank involved or both..

Who ever is selling today is having a right old laugh.

Exactly Stockpickfree. Not sure everyone is aware of just how close news from DEVOTE is. And it will definitely impact the sp positively even if it's only funding to the tune of £1m. I am hoping it's more. i think this must be what Budd and Gilham were banking on when they put the RF deal in place. A good result here might mean GDR don't have to start drawing down on the £300pcm as of end of May.

Starres - lol. When I see you starting to agree with bankruptstock (although in fairness I can't see what he said as i have him on filter) I know you've gone to the dark side.

Starting to think this is rather farcical and comic. There’sa large bag of diamonds and we know it’s yours but we can’t give it to you just yet. In fact it’s going to take a long time to sort out but they’re definitely yours. Honest. Could only happen in an African country. Someone selling up here and probably in profit, knowing full well this is garbage and the diamonds will never appear, or at least not for years.

Good times ahead??

I certainly hope so. I’m down 20% in less than two weeks since I bought in. Doesn’t seem To be much excitement or confidence just at the minute.

Agreed. He's looking at the report published in February 2022. Only 14 months behind the times eh...

We need news to stop this current decline in the sp. As always when this is the situation with GDR the CEO can be relied on to bury his head in the sand and go incommunicado for several months.

Hopefully news of some funding from DEVOTE will land and force him to put out another two or three sentences.

the whole point of the fast track route with NICE is to get the product out sooner and put into use within the NHS rather than having to await the FULL recommendation. We now have the conditional recommendation which clears any NHS Trust or hospital to use it. Yes, they may have to find ways of funding it or manipulating their current budgets to pay for it, but NICE can only garner the extra reporting info it wants to give it FULL recommendation further down the line by it being adopted. In the NICE report there are several suggestions from the Stakeholders that the test could be used in a wider setting, all acknowledged by NICE. Once there is further data collected and assessed by NICE then there is a strong possibility AIHL will be used even more widely than we currently hope for.

Maybe Budd is on an extended break to incorporate the Coronation Bank Holidays? Nothing until mid May then? Where will sp be by then I wonder. RF must be licking their lips.

Why the steady decline in the sp if the new US listing is going to be a good thing? Been in here for quite a while now and wish I'd sold out when we hit low 20s recently. Honestly thought this was heading for late 20s by now so am surprised and perplexed it's heading south..

Anyone any thoughts pls?

assay results for MFC were due early 2023. We're now in Q2 and not a word, other than PJ stepping aside and now the focus is on the IPO for GMR as Tungsten appears to be the new 'hot ticket'.

More convinced than ever that rather than plate spinning with several projects MFC is known to be duff and that one has smashed to the floor. Seems to be some desperation to get GMR done even though market conditions are worse than ever. is that because the BOD have nothing else likely to prove pos+ for the forseeable? Comms have dried up but I guess that's just the new management team wanting to change the relentless PJ train of 'transformational' messaging. Needs to be a lot more grown up now and prove they can be trusted.

Tati could still be a relatively quick winner but the GMR IPO needs to be dealt with first it seems. If they're gonna do it then pls get on with it soon. It's so overdue and has been waiting for market conditions to improve for ages. They aren't going to improve any time soon with the War in Ukraine having no end in sight and the situation btwn China and Taiwan hotting up in a worrying manner.

Why is a placing needed if VAST is supposedly about to receive a large bag of diamonds...?? All sounding a bit iffy to me

Exactly bighammer. I'm saying it's highly unlikely Budd and Gilham won't have had some hopes of positive sales in the near/mid term when they put this deal together. It was completed after the NICE announcement so if Budd knew there are no sales likely in Europe or UK for at least another 4 years (other than Greater Manchester) why would he - or RF - have bothered to structure the deal in two stages?

I'm clutching at straws but for the whole outlook to have changed so terribly for GDR (according to Starres) makes no sense of this deal. As I said earlier, if there was no realistic prospect of sales for so long how will GDR survive another 4 years? Budd and Gilham will end up with nothing if GDR is run into the ground by RF and sold off cheaply.

Yes, I think Budd has no business acumen when it comes to commercialising GDR's products but I don't believe Gilham is that stupid. He sells companies for hundreds of millions of pounds. The situation Starres would have you believe is now in play would mean GDR running out of money in the middle of 2024 and no one else to turn to for more money than RF, who by that point would own a large % of the company owing to an ever declining share price and them exercising all their warrants and taking more and more shares to pay for the loan of £5m. Why would distribution companies bother putting agreements in place ahead of GDR even having registered their products with the European equivalents of NICE. Go figure.

I'm personally hoping there will be some announcement on sales here in the UK,

If what you’re saying is true Starres, and assuming Budd and a Gilham know this too, then our BOD must have lined up the RF deal knowing full well there is absolutely no chance of generating enough income from sales by the end of this year, never mind end of May, so as not to require the 2nd tranche of funding on offer. Furthermore, our BODs would have been perfectly aware that this finance deal is thus a death spiral finance deal in all but name and that GDR is heading for serious trouble ie you’re saying no sales for 4 years but the finance will run out in the middle of 2024.
So, after all that do you suppose another raise will be necessary (of course it will) and can you see anyone other than RF getting involved? Not sure I can.

The picture you now paint to this board, together with the expert opinion of your recent dinner companion, is a million miles away from everything you were posting three weeks ago.

It’s all very clever and fairly well reasoned but when I look at the n bottom line which is you’ve sold out and clearly see a big need to post here many many times every day with this new narrative. You going to continue doing that for the next 4 years until we sales? Hmmm Afraid I don’t buy it.

Assuming Budd and Gilham knew what you now know then when they set up the RF finance deal they were knowingly stitching up not only shares holders but the company and themselves.

I’m not overly optimistic about the near future but you’re suggesting the outlook is pretty apocalyptic for GDR share holders. I don’t agree but can only counter with the feeling Budd must have something up his sleeve

but these have been posted for a couple of weeks now and are really starting to get on my wick as they're all just utter tosh.

Two MMs have moves to 1.45p - no they didn't
1.30p to sell now...who's loading up? - No one.
As expected loading is going on and - no it isn't
averaged up this morning - yeah right
My 2nd top up today at 1.27p showing as a sell - yeah right
bottom is in..... really?
FOMO kicking in early?? - er nope
Bid is ticking up….blue ahead - Wrong again!
No spare cash here till pay day next week and be very suprised if still under 1.5 ( though would also take that).
Can always tell when a seller is done because L2 totally switches - not today you can't
What a tree shake! - still going it seems 6 hours later
Blue finish...wrong again...
small seller gone. - Nope
strong bullish bar reversal in play. wrong
Load up in any way you can. why?
Can’t buy large chunks - wrong
Topped up, didn’t think I would have a chance at these levels again! lol
BOING! Need I say more?

Load of ramping twats on here. stfu and just wait if you believe it will fly and rid the bb of this utter sh.t to wade through.

Strike you’re talking rubbish and making those inane kind of statements that make most sane investors stay well away. Mindless ramping doesn’t help. Wish I’d been more patient and waited for this drop but I’m in now and will just sit tight.

Anyone’s guess as to which way this will go now. State the bleedin’ obvious!

Not a single trade today so far. That’s disastrous for GDR and the deal Budd put together with RF