Member Info for roger65

No one still has any idea how this will or even if it will impact KDNC though do they? Love to know how for those bright cookies amongst you.

Love the oxymoron Tray: I can almost guarantee it…

Ah yes, so it is. Apologies. However, we can’t afford to mine it and it seems nobody wants to buy it or Jv with us for it.

Anyway, I’m stepping out of this because the acolytes are all happy to bend over for PJ and coo over him in all the media interviews but bottom line is it’s the accounting and paper shuffling that has given POW some value thus far. I’ll look back in at the end of 2024 to see how things look then.
Hopefully something will have turned in this bear market by then and that alone should make a difference.

Bid about to be dropped again

Tray: they have nothing to sell other than bits of paper at the moment. Do you agree? Nothing proved to or JORCd yet that puts serious money in the bank. I’m heavily invested but impatient as I’ve been here longer than you remember.

RY can’t hold negotiations of any kind for a new venture until he knows the money can reach the AMC bank account. We’re currently in limbo where effectively we have an asset worth zero. If the deal falls through which is looking highly likely then AMC will be bankrupt very quickly. Sviblov might even be playing for this and then swoop to take it for real peanuts! RY has royally fu..ked up. He may well have rapped back in Nov and done a deal with Svib to are no solution is found for say 6 months - so he at least gets some salary out of the deal. Then it all goes t.ts up and shares holders left with nothing. Wouldn’t put anything past these two. Nearly 4 months now without a word from the company. Gotta admit it looks dead in the water and RY just horribly out of his depth.

I guess many are now waiting to hear the MFC results & to hear of Thor having finally dumped their shares before getting back on board. One other reason for people holding off is that it’s highly likely PJ is going to have to do yet another raise soon. If MFC results are good but we haven’t made the discovery we were all hoping for then he’ll need to persuade someone to fund another drill campaign there to get closer to the treasure. I’ve resigned myself to this going back to well under a penny once the MFC news lands but will then wait to see what’s next on the horizon before deciding wether or not to lower my average. POW needs some exploration results!

Stephen11: totally understand that and I’m half inclined to agree but Having been a holder here for several years it’s more a case of a bird in the hand scenario for me. I’d gladly accept £1 a share now rather than wait and watch Budd and Gilham take two years to realise better value. Within that two year period of waiting any number of things could go wrong and we know the sales team at &GDR is hopeless and has no track record of success anywhere without any product. Yep, given the choice I’d take the early bird offer rather than risk another **** up or perhaps competition rearing its ugly head and making life more complicated.

Wouldn't it be great to be spared months and years of more waiting whilst Budd and Gilham bumble their way to success to instead receive a buyout offer out of the blue. I'm now in agreement that £70m would be too cheap. Double it perhaps.

Thing is...there are no cast iron guarantees the FDA news will be positve. They were obstructive and changed the gaol posts with GDR's Covid PoC testing kit such that we never even made it to market and it cost GDR £ms. If this technology is so amazing - and I think it definitely is - I wouldn't put it past a big US pharma to work in hand with the FDA to play dirty. the FDA is no paragon of virtue in this and over time they have been on the end of countless legal claims for stealing intellectual properties etc.

In order for any of the big pharmas to be interested we need AIHL and the Stroke Marker test to be recognised officially but the FDA and be well on its way to gaining approval, by which ever route that might be.

Good news from FDA, then funding issues for GDR behind us and we'll either be on our way to a share price of something approaching £1 or a buyout offer will land. If the aforementioned all happened then I'd be very surprised if a buyout offer was anything under $100m. Very surprised.

deerhunter - I'm on HL (for my sins) and it won't let you do a dummy sell for anything over and above what you actually have. Nor will HL allow you to do a dummy buy for 1m shares if you don't have the funds to action it. Perhaps other trading platforms differ but it seems counterintuitive to allow anyone to do any dummy trade it likes. The systems are rigged to give the mms heads up and as such make their moves early if they see large buys or sells logged. If there are suddenly tons of quotes going out for millions of shares (dummy trades) they wouldn't know if they were coming or going.

Neither here nor there anyway. Just got to be patient and hope the FDA news comes next as that will inform everyone how much funding is needed going forward. As soon as Budd/Gilham know how much FDA will cost they'll sort the funding out. Anyone's guess as to wether or not they'll go for a placing but imho they will, because it's by far the quickest means of getting it done and dusted.

there is a small part of me that thinks (hopes) if the FDA news is good that they may wait to see what the impact of NICE final recommendation has on the sp. If it did shoot up to 40 or even 50p then a placing at 30p would be a great result for them and for lths.

Hold on to your hats for today. I reckon mms have got some fun lined up for GDR right up to the bell.

barsteward mms letting out mates at higher rates whilst retail not given quotes to sell. They'll now drop the price sharply trying to cause a sell off and then most likely allow the same mates back in at a price held far lower. So corrupt and utterly typical!

It was a huge order being filled after all then. Just not a buy!

..just keep coming. Never understand this share. It always leaves me thinking it's just typical AIM and that it's all rigged to shaft pis

Wow, and we're up nearly 10%? How the heck does that work then? Something funny going on here.
Just tried to do a dummy sell of 250k shares and HL not interested. In fact I coudn't even get a price for 10k shares. Are we NT at the mo?

No point bothering now, is there? They've obvs got nout interesting to say.

tks ffoxsake. I don't often smile when reading anything related to AMC and especially RY. Turd that he is.

Bit mystified here. According to LSE there have been over £500k of buys today and over £300k of sells and yet we are down by over 5%...

Thoughts appreciated..

there was an RNS on 5th Oct specifically detailing all of this. Worth a read.

In the audited results RNS mention was made of the FDA approval being sought:
'We have commenced the process for FDA approval, as we see huge potential for AIHL which is additionally supported by the litigious nature of the US market'

They see 'HUGE POTENTIAL..' So do I. Hence for me news on this is even bigger than NICE news coming at end of March. Most expect that to be good so is effectively priced in already. As I keep saying, the only thing holding back the sp at the moment is the funding issue. Not sure it's realistic they will drop Development costs from £250k per month to £50k so whilst they can make a saving I suspect it's not that much. Hopefully the cash runway is good up to the end of July or maybe even August.

Just one bit of good news and we're off to the races. Any NHS Trusts committing to adoption of AIHL, news of any successful GRANT applications, FDA news confirming De Novo route, funding issue sorted via a short term loan or outside sponsorship, a jv partner coming on board, a bid to buy GDR. Any of those and we're well above 30 if not 40p. Ironically the one piece of news I think won't now impact the ps greatly is NICE confirmation at the end of March for reasons stated above. It's expected to confirm recommendation so is already priced in.

Guy: we are expecting to hear if GDR can apply for FDA approval via the 510 (k) route or the De Novo one. The latter is specifically for products that can be proved to be safe and where there are no existing similar products. Both of these routes are less onerous in terms of cost and time. Indeed I have a feeling from distant memory (could therefore easily be wrong) that qualification for De Novo even means the product can be sold straight away whilst assessment for official FDA approval is awaited. Something like that.

It would be even bigger news than the NICE initial recommendation as it opens up the US market relatively quickly and cheaply. If we received this news and could apply via De Novo it would be worth while GDR taking on a short term loan to get it done.

All to play for here but as we know from experience Budd and Gilham can never be accused of rushing things....

I need to keep reminding myself of the fact that Thor are selling their holding too just now and still have millions of shares to dump. That's going to take its toll on the sp here and may also be a reason why PJ is giving nothing away until they're out? Not that he could withhold price sensitive info but I've no doubt what so ever that ways could be valid reasons could be found to justify not releasing certain news to the market.

I wonder where RY is currently putting his feet up? Three months since the last communication and yet we are supposedly in the middle of a sale transaction...? Not in the least bit shady or dodgy eh Robin?