Member Info for roger65

Wouldn't be at all surprised if the results RNS lands now, after hours.

Someone has either got wind of rubbish results and knows this will tank or someone hedging on a drop and maybe to then buy back in later.

I have a horrible feeling we're going to get the RNS, see the sp collapse to about 7 or 8p and then be told of another raise. Sorry, but I disagree with many here who feel we have enough cash to see us through to next Spring. I think that is leaving it all too late and close to the wire financially so think we're just going to get all the bad news now. Share holders are going to have to suffer more pain for another few months before Budd actually manages to achieve anything positive for the company.

RNS in the next couple of hours or first thing tomorrow? My money is actually on Thursday as then people can take everything in over the w/e. Think tomorrow will see the sp really start to dip, pricing in zero sales.

Or someone has got wind of the next news?

When a company CEO states very openly his focus is commercialisation and that he’ll be giving updates over the next six months but then doesn’t utter a word regarding sales in the next seven and a half months I don’t think it takes a genius to realise there’s a problem, especially if you know anything about GDR’s success in sales over the last three years… I doubt very much someone dumping such large amounts of shares cares what is posted on this bb, even less so that they would read it then act on it in such a way.

Anyway, I really hope we don’t see single figures here before the next RNS lands. Lths don’t deserve that

Mag - Just added a tad more.

Of course you did dear. Of course you did. zzzz

RY not RU!

Sviblov will be extremely keen to see this deal go through as he's getting a bargain. I'm really not sure he'd be thrilled if RU started playing delaying tactics simply to eek out a few extra monthly salary pay cheques. This will happen but perhaps not in the next few days. The instant there is an RNS saying the problem is sorted and they give a new date for the final transaction the sp will simply shoot straight back to 1.6/1.7. Easy top up.

May I point out that exactly the same thing happened last year - for those who were invested then - same platform (LinkedIn) but for sales personnel. I remember taking heart from it and thinking along similar lines as posters here this morning ie that things must be going well if they’re hiring more staff. AGM came and went, Budd got his £300k voted for them…no sales. Here we all are one year later and there are still no sales. Rinse repeat and imv this is now looking pretty shaky from the BODs. Results will be this week and hold on to your hats. Don’t believe the rabid rampers here who think it’s all champagne and caviar on the way to success here. I think we’ll get there but a bit more nashing of teeth and head banging first.

I think the basic problem at the moment is that Doctor Ian Gilham and David Budd know they've got nothing positive to say and so have buried their collective heads in the sand in the hope something somewhere turns up for them. It hasn't and yet again, staggeringly, Budd fails to deliver news within a time frame he himself set at the end of March. Results are due any day now - this week almost certainly and the market knows full well it's going to be dire.

As for the tests themselves I don't have any doubts about them or else I think NICE would not have fast tracked the research on AIHL. It's simply that we have a team who don't have any experience of commercialisation and don't have a clue how to place these products in the market place. Either that or Gilham has lined up GDR on a silver Christmas platter for a big pharma to gobble up as a starter to the prize turkey! At current sp and rates of interest I think we'd be lucky to have a buyer at 20p.

Once the results are published I think we're heading for sub 10p and then quick smart a raise will be announced at perhaps a 50% discount taking us down to 5 - 6p. The management here are dreadful but the tests themselves will save us...eventually!

I would dearly love to see Budd removed or a commercial Director brought in. Perhaps Gilham could redirect half of Budd's salary to pay for it.... cuckoo cuckoo.....

PJ will have to pull one mf of a rabbit out of the hat to get the market excited about POW. Not sure there's anything else he can do in terms of his optimism and excitement on current drill programmes. Time to switch off and come back after Chrimbo. Shame. Thought POW might be the provider of some early Christmas cheer this year... Precious little of it about anywhere else in the world at the moment.

Genedrive might find other countries as listed above to be better opportunities while they wait for the UK to catch up...?

yes DSFLAT but that would require a sales team who know what they're doing and have proven and reliable contacts within the medical industry in the EU (other countries). I think we are all too aware that the GDR sales team know the square root of F.A and have zero contacts anywhere and certainly no ability to deliver any meaningful sales results even from the countries in which we supposedly have distribution deals.

So what's that Ella? About £155k worth of sells we need to get through? At this rate we'll still be around the penny mark by Christmas. Was really hoping for some movement on that RNS this morning. Is it ii selling down because mcap has slipped below a minimum level or investors just too risk averse atm and waiting to see if PJ does a raise the second there is really excellent news? Fascinating to watch this as it feels like POW are tantalisingly close to that 'transformational' news that PJ keeps mentioning. The more it's held up at these levels perhaps the more it's going to explode once PJ unleashes full assay results at Molopo?

Presentation was positive and informative. Took PJ a while to answer if he was more excited about Molopo than Tiger and eventually he said ‘I’d have to say yes’. Think I’d have preferred an unequivocal yes without the prevarication beforehand - after all he could hardly say no or about the same.

Anyway, shame to see two huge Sells at the end of the week but just gotta keep fingers crossed they can nudge the sp upwards gradually before we get some major news.

GLA

A fundraise is imv inevitable. Rather than now saving costs Budd stated extra money would be spent on trying to promote GDR products. Not sure how you can lay off the R&D staff to reduce costs and there’s no point in keeping them in the payroll if they’re not actually carrying out worthwhile work for the future.

So, I’ll lean in the other direction and, based on my own belief that the next news regarding sales is going to be bad, I feel leaving a fund raise until March, April, May 2023 would be extremely risky. GDR won’t know what realistic and regular revenue is going to come through the coffers from AIHL until 6 months down the track - and that’s only once there has been wide spread adoption of the machines. There are no guarantees it will be taken up in hospitals the instant NICE publish their guidance on best practice so, again, based on more negative news flow over the next two months, I think Gilham and Budd will need to raise from a stronger position ie when they’ve still got some money in the bank rather than when they’re still unsure about regular income and Budd might have to take a pay cut :)

The biggest mistake over these last three years was the amount of money wasted on the POC Covid kit. It’s cost millions and has generated zero income. It has also exacerbated GDR’s financial weakness because they’ve now spent a lot of money on hiring a sales team who have to date only cost the company money and they have achieved nothing. No one is buying from GDR directly so once the distribution deals have been set up what have our sales personnel spent their time doing for the company?

Commercialisation of GDR products has been the CEO’s focus for the past three years but…he’s proved to the world he doesn’t have a clue how to achieve it.

Sorry to throw an alternative view in that goes against the current tide but having been here quite a while I’m not overly confident Budd has got everything lined up to deliver success with in the next 6 months! AIHL and Stroke marker tests are great and will have their day but…I fear share holders here have more pain to go through before things finally start adding up.

My own hope is there will be an early takeover bid but I know many think that’s unlikely until revenue is proven.

Northeast: er, why would they do that?

Ouch! Someone desperate to be out. Worrying sign.

Were we ever told who the distributors are forCovid PoC kits in Spain, Portugal, UAE and Oman? Budd admitted that the ME countries came about purely by chance and from memory I think Budd gave the impression it wasn’t an established Distribution company for health products. Could have misremembered that so apologies if so.

My point though is that I’m not at all convinced the sales in those 4 territories was ever set up on a particularly professional level or else we’d have been given a name such as Beckman (for US) or Inspiration Healthcare (for UK).

The silence goes on…..

I admit I know nothing about mining but those very high Grades and open pit at such shallow depths would surely be worth going after wouldn't they? Even if it wasn't massively commercial could it cover the costs of the mining and further drilling in the area? Seems rather positive to me and a good start there. Look forward to hearing more assay results.

Have I missed something? ART: have we been told the drill at T1-6A didn't hit the superconductor?

I reckon Ne14 is was here to try and get the sp up a tad so he could actually take out £5k which happened late on...

er...just thinking of the deal AMC ended up with mac. Now you'll tell me that couldn't possibly happen here

oh an the sp is doing really well here today so please keep posting the exchange rate and vanadium prices. All helps...not