Member Info for roger65

What utter tosh

Since when we've heard nout on sales or new distributors. That says to me we haven't sold anything and haven't managed to find anyone willing to act as a distributors. Good work from the sales team there. they clearly state 'and will provide updates as appropriate both on sales and material new distributor engagements'.

Beech - larger purchaser acquire shares...??? Have you seen the volume over the last month?? Just ridiculous. Jace went on and on about it but perhaps he was right in that with no sales there is only one option left open to Budd: come back to share holders and offer more and more dilution by offering shares to the market at a huge discount and watch your investment shrink year in year. Just my opnion and i hope for all our sakes I'm wrong but i seriously think the next news will be of a cash raise.

This is a disaster and will almost be extended beyond the end of this year as Putin is currently playing this whole situation a lot better than the west. If things continue to get worse for the west with inflation and recession (and the imminent invasion of Taiwan will only exacerbate these issues) and BRICS membership is strengthened and extended further then any potential deal for EUA will not end well for western - and especially British - investors. Will be interesting/helpful to see how AMC plays out and whether or not western investors realise any rewards from a deal.

Isn’t news due soon on the first installation on a holiday site (of which there are several more lined up)? Looking forward to some decent news here to get the sp back well over 2.5p. Won’t be long imho so I’m really excited about September and holidays being over with and when things should get cracking on sales fronts.

I would put money on these words being in the next RNS with an update on sales ‘sales have been challenging…’ and a lot of investors are imo going to be very fed up. Some will be seriously in trouble.

*huge cash raise…

Yes System, if there is no news on sales before that 6 month deadline and its then Disappointing then the sp will tank badly because everyone knows there will have to be another huge can raise to fund ongoing development, US application for AIHL and just keeping the company show on the road for at least another 18 months to two years. Just a guess but Budd could easily get this next crucial stage badly wrong, as he has the last three years. His failure to commercialise any of GDR’s products - regardless of how good or even there being no competition - should be sounding alarm signals to all investors now. Personally I would rather vote on him being replaced than whether or not he continues to be rewarded handsomely for repeated commercial failure. He doesn’t have a commercialisation plan and is winging it as far as I can see. A handful of tweets doesn’t justify a full time sales team and all the associated costs when they don’t appear to be selling anything.

The poor performance over several years by the CEO, in spite of top quality products, is bewildering and like many I’m left scratching my head as to how Budd is still in charge as the sp continues to decline.

*ulterior motive…

Why, why, why are you expecting news now when you were told by Budd himself there would be an update on sales in 6 months time ie Sept/Oct? Only a fool would expect sales to be good after another extended period of silence. If there was anything half decent to report on sales then Budd would have got the news out pronto to help boost confidence (and the sp) and ready the market for another cash raise on more positive terms. Budd remains silent so my suspicion is that either sales are rubbish and there is nothing positive to say to the market or….there is an anterior motive for Budd to keep things under wraps. As for what that anterior motive could be is anyone’s guess.

Anyway, imho another week of silence to come and the sp down below 17p

With no news for another 6 - 8 weeks at least imo I think without any volume the mms will happily drop this a fair bit lower. No idea by how much but we've been in similar holding patterns before when there was still a chance Covid might be a good thing for GDR and just witnessed a slow but steady decline to the low teens and even to 12p. The problem now is that Budd has left everyone doubting he can ever deliver for GDR and so it's fast losing its appeal even as a traders share because there's no guarantee now we'll ever get the sales news needed to restore confidence. f it gets as low as 12p I will throw the kitchen sink at this but not until next July/Aug when the NICE guidance will be due shortly after. Who knows where the sp will be by then after there's been another cash raise or two.

Jimi - I share your concerns. With regards to sales I think if there was any inkling of sales then Budd would be peppering the market with RNSs. People glibly state GDR have £6m in the bank. They don’t any more. £400k per month for running costs so that figure of £6m can almost be reduced to £4m as it’s nearly 6 months since the raise at 25p. GDR need about £2m in order to get necessary approvals to sell AIHL in the US. Positive news would allow GDR to plan for the future and continue development on all their new products, go ahead with US AIHL application and keep the lights on. There can be no reason news of sales would be withheld. So my suspicion is sales are still struggling and that a raise is almost inevitable before Christmas, more like early Sept. That would give Budd enough time to try and get some positive news out by the end of the year to get voters on side for his salary approval. All just my opinion. Question is, at what price will the next raise occur? Last one was at a 40% discount which would mean something like 11 or 12p but I think the market will recognise the quality of GDR’s products so may not be as punitive as last time. That said, the market will be acutely aware of Budd’s singular failure to commercialise a single GDR product to date so who knows?!

The ongoing silence is not encouraging but there could always be a nice surprise. Hope springs eternal…

We need an RNS with news of sales before I predict any volume....I'm still optimistic for news in Sept/Oct. Nov at the latest.

….& yet another RNS which results in…another drop. Basically the market just doesn’t buy all of PJ’s outpourings of positivity. This won’t see a penny for a long time imo. Another bottom drawer resident and 2 - 5 yrs is probably right but I’m inclined to think more towards 5yrs with plenty of dilution and cash raising along the way.

Guess we all know what the market thinks of this new appointment now.Let's hope the drop can be stemmed and we don't end up back in the 70s in another weeks time.

read into it and saw that commodities like Vanadium, Lithium and PGMs were in a super cycle. It did fairly well for a while but since it started to drop it just hasn't stopped and the BOD have been rather more exposed than they're comfortable with. Another one to consign to a rather full bottom drawer.

What a croc of sh..te! Bought in here at 10p and nearly sitting at a loss of 50% with no sign of things improving any time soon. Another AIM joke.

Yes, I have a choice to express my opinion. It's called living in a democracy. I don't ask anyone to read or indeed agree with it. Just years of frustration being a share holder here. Hundreds of RNSs, none of which ever deliver a rise in the sp and ultimately me with an opportunity to sell and move on without incurring a huge loss.

Genedrive shared that tweet?? Wow, the sales team are in overdrive then…

*decent rise - although ruse is not far off what PJ is up to.

So, the warranty issue is now out of the way and the sp should be slowly recovering? Hmmm why am I not surprised to see it still struggling to get over 1p even? Oh yes, PJ still hasn’t actually delivered anything of any value. Don’t you just love jam tomorrow CEOs. Got a pearler in PJ. He could spin this out for years and years. Not quite sure when or how he’ll strike to get his money out but you can be sure he will, before any ordinary shares holders have a chance to realise PJ is playing well out of his depth in this sector. The long wait for any decent ruse just goes on and on and on….