Member Info for roger65

perhaps more realistic though than your endlessly optimistic posts that lead readers to think all is well here and that the (sorry, no more 'we're') sp will recover. No guarantees it will any time soon sadly. Fortune is earning nicely though so that's one thing share holders don't have to be concerned about.

Tks. Just a year? Really? Blimey, that means they’re spending almost the equivalent of their annual revenue on their own salaries and development every month!

So, bust in a year? With no news I agree this looks done and dusted. Huge mistake from me and I fell for the BOD’s bs annual report. Charlatans.

No, but just look at the impact it’s had on the sp here!!

It’s irrelevant. The company is in trouble and on a knife edge and the market knows it. We’re struggling to stay even at this 5yr low with the sp. No signs of improvement or sentiment irrespective of The price of vanadium or the exchange rate.

Any idea what their monthly cash burn is anyone please?

Where did they disappear to then??

no sign of those 1m buys....yet

think this can soon safely be added to Del929's list of overdue news....

Shortly...

but maganus this is what you said earlier... Does this mean you were wrong earlier?

some fools trying to bash! lol
and look at every tick!
7/8p p is new base now, like or not

No, not sold any. That's why I'm p..ssed off with the ongoing silence. I know what's coming in the short term but I'm now less confident of what lies further down the track. Baserite is right though, in this sector things can turn on their head extremely quickly and I remember wishing I was in Sar - and not GDR - when it shot up over 100% in a couple of weeks earlier this year.

Yes DSFLAT but at what price? The longer the silence goes on the bleaker the picture looks and the lower the sp falls. That's what I mentioned earlier about allowing the situation to deteriorate to the point where GDR has to accept any help it can get and at what ever price the help is offered at. If the results are bad as everyone expects here then a strategic investor may well say yes, I'll give you £3m but in return for 49% of the company. That would give us cash for another 2 or 3 months and cover the costs of FDA for US approvals. That would take the sp to 6p but even that would still look precarious to any outside investor taking a look. Budd and Gilham are now in crisis territory as far as i can make out. They have nothing positive to say so are waiting and waiting until the very last minute to bring everyone up to date, by which time they will be close to running out of cash and still have no sales or revenue booked in for next year. They've made a right pig's ear of this company imv and if they wanted to try and salvage things now would have been the time to try and announce something - anything - positive.

How many people on the sales team? I hope they are the first to be 'released' once the penny pinching begins. Actually first I hope it will be Budd offering to reduce his salary by at least £100k. He won't of course but that might be better than actually having the company taken off him for peanuts and losing his job altogether. He'd deserve that though for the way he's treated share holders over the last three years. Several RNSs containing lies and that should have been investigated by the FSA and then long periods of silence having promised 'updates over the next six months'.

Seething with anger.

I'm not expecting anything meaningful from the Investor meet tomorrow as has been pointed out no one knows what the results are yet. It's still early days.

We'll have lots of 'ooh it's a very, very large conductor...' and 'We are massively excited...' but ultimately there will be nothing to persuade people to increase their holdings or indeed attract newbees.

Everything already priced in but tbh the market conditions are abysmal right now so if you're underwater here, like me, you can at least take some comfort from the fact that other than at this point in time we would have been valued at a lot more than just over a penny!

Not as far as I can tell. Why? Do you think it should?

PJ has no idea what’s in the ground yet at Molopo so POW is still just a very risky punt. Once they can prove they’ve got something worthwhile then the fun and games will begin!

maganus_49. Please stfu

This from you only minutes ago - ‘7/8p p is new base now, like or not’. We’re 6.72p.

People need to filter you and the other rabid rampers here. You’re full of bs, like it or not.

This silence from Budd is not seriously worrying. It’s over 7 months since the last investor presentation and since then he hasn’t uttered one word in a direct communication to investors. That’s not good enough by any standards and woeful even by those on AIM. We’ve had a handful of RNSs to which he adds two, at most three, sentences, but we’ve heard nothing on what he has repeatedly stated was his primary focus since three years ago and that is the commercialisation of products for GDR. Obviously things have gone terribly with regard to sales and without sales we have no revenue. We’re at the point it will be very difficult for Budd to do a raise so what’s next? At worst I see the sp dropping to 7 or 8p now on the next RNS - it’s going to be bad and everyone knows it. I don’t see another placing I’m afraid at those low levels. Far more likely GDR becomes a distressed seller and I’m afraid that means we’re could be gobbled up for peanuts. Budd’s sales team is incompetent and has cost a fortune. Big pharmas are patient and will see clearly that GDR is in trouble. Why but now for 30p when you could wait and buy it in 6 months for 10p. Trouble is GDr just doesn’t have the cash to last until revenue comes from AIHl and sales of even this test are not guaranteed! Dreadful management.

Big question is: where is the floor here? With things looking so on the edge is sub 20p on the cards next week? Eventually 15p before BODs hit the panic button.

Battery storage is being taken seriously - but looks like Invinity isn’t. Nearly a third of the company value gone in just a few weeks since recent highs of 33p. Great company. Things going really well. Pmsl

What would they get for the Regal arm of the business?

that Budd has simply ignored pis for so long now having stated at the end of March we would be given updates over the next six months as and when appropriate. Now seven months since that presentation. The fact he's said nothing on sales at all does I'm afraid suggest we've actually sold nothing at all. I was feeling a little more confident the other day with a strong support of 12p underneath us but now that's just melted away I'm fearing the slump on either bad or no news will hit harder than we really deserve. Budd and Doctor Ian Gilham, the Chairman have obviously decided share holders are not worth of being kept informed of more general news on sales and so that's that. Nothing.

We need to hear from the company CEO NOW!!

magmanus you sound absolutely desperate!

Must say I'm surprised there's no RNS from the company. Are they holding back until the end of the day and then going to release other news as well? Highly irregular not to have this news released in an RS as it's clearly impacting on the sp. Weird. Just weird.