Member Info for roger65

Yes, absolutely there was but....things change. No one saw the Formal Sales Process ending in failure. No one saw the JV with Rosgeo appearing with no warning. Who is to say there hasn't been yet another sudden change in direction? Correct me if I'm wrong.

Anyone have any figures for NYUD? I know we are awaiting the license transfer and JORC update so if this is all that's being sold then our special divi might not be as handsome as hoped. Lot of people here will be sorely disappointed if NYUD is the only thing being sold having waited for nearly 3 years for this to come to fruition. I have said all along I don't care for the lack of clarity in EUA comms and if this is what happens at the end then we've all been rather duped. It might not be bad but it would be a far, far cry from the hopes of many here, self included.

I'm interested to see if a whole load of shorts were closed this morning. Perhaps right now is just a lull before there's another load going to be dealt with this afternoon.

buyontop - I'm not crying. I'm frustrated at the length of time it's taking the BOD to deliver what they keep telling us they're doing. I've been a holder here for a fairly long time and don't think I'm being unreasonable in venting, especially when we now find ourselves - and our investment - in an extremely precarious situation. No one knows what will happen short term and i for one would have preferred the license transfers and updatedJORCs had not been announced as in an 'advanced state' and arriving 'shortly' when in truth they were nearly half a year off still. Obviously there is something causing a delay and we are not being told what is causing that. In the mean time people can try to make the best of a fairly dire situation. I had a good top up this morning of 100k shares but that doesn't mean I'm suddenly like mac with my feet up and relaxed. I still just want these things done and delivered asap. They're overdue. Simple as, and we've been given no explanation for the delay.

These were supposedly in an advanced state months ago.

BOD need to deliver what they said was nearly done last Sept/Oct.

Why not? Even after GDR receives CTDA?

I suspect if the sp doesn’t dive too much further the BOD will refrain from another release aimed at calming nerves. They were clearly wrong about there being a peaceful situation so are in the same boat as the rest of us ie we don’t know what’s going to happen.

Once Putin has those two areas secured isn’t it likely things will calm down? Interesting that sanctions aren’t aimed directly at Russian interests. Putin and Russian gas have Central Europe over a barrel.

I have no idea what will happen but even my bit of earlier is more in the red and for the first time in over two years I’min the red here. Not sure the BOD have delivered value to share holders yet….

We’ll, I’m usually rubbish at trading but for once, just once EUA has provided me with a small success. I sold 160k last week at 18.75p and then didn’t buy back in as I’ve already got quite a large holding here. Bought back 100k this morning at 15.9p. Woohoo

Just my humble opinion but I’d be amazed if news was released now regarding any kind of asset sale. With sanctions about to be imposed the motherland Russia will want every possible option of countering the effects of sanctions and I’m afraid EUA is likely to suffer. For ages posters have been saying EUA’s resources are huge. Now I read we’re relatively small and shouldn’t worry. A rough and optimistic estimate of what lies in the ground is $200bn!!! That isn’t small by any country’s standards.

We’re on a knife edge and I think the BOD will want to get in the bunker and keep this as under the radar as they possibly can until things calm down. Now is not the time to announce to the world EUA share holders are going to make huge profits from resources found in Russian soil.

Gotta stay strong and patient. We have an incredibly smart BOD and whilst I’m sure they’re notes kicking themselves for not getting this over the line sooner, they will be working hard to safeguard their investment and hard work over the last quarter of a century.

Worrying times for Holders here so good luck all.

Then it’s key for the world to know GDR’s POC product for Covid can detect the BA.2 variant. The sooner GDR put out a tweet confirming this then we could see an upturn in the sp. under these circumstances of course it’s a bitter sweet possibility as share holders here would benefit from people being at far more risk. Not to be celebrated but at least GDR have a product that could help contain the situation and things spreading out of control.

JH - ‘there is plenty of demand for these tests’. Really?? Why haven’t we sold any then?

Bruno - this would be serious undervalued if we had any results or sales figures on which to base future projections of income. We don’t have anything and therefore it’s currently at fair value, regrettably.

I hope for Budd’s sake none of the GDR employees have shares in their own company or else he would have to tip-toe around their offices hiding from disgruntled folk asking why he can’t utter one syllable to reassure investors.

The reason is simple however, he and his sales team - imo- have not yet managed to sell a single POC product or even got a distributor in place. Regardless of actual sales an agreement with a distributor would have been announced, as it was with Beckman Coulter, to let the world know GDR is about to rocket. Alas, no. No announcement on distribution, news on UK approvals still most likely months away and Covid now pretty much being regarded like the flu by our own govt.

AIHL sales to NHS and hopefully further afield, possibly globally, will definitely help the sp recover but if we’ve fallen to 10p I’m now guessing it would only re-rate to about 30p on any positive announcements.

The Covid products are, imo, now actually obsolete and will be consigned to the cupboards at the back of GDR’s labs just on the off chance another nastier variant springs up but this, mercifully, is not looking likely. I say mercifully, I mean from a human perspective. From an investor’s POV here that’s our last hope of ever seeing the sp climb back to the mass levels of 70 - 80p.

I think if there had been any real chance/need for this Covid POC product over the last year or so then someone would have swooped in to takeover GDR lock, stock and barrel. The fact that hasn’t happened suggests to me DB has no useful contacts to even register interest. He’s an absolute disaster for GDR and it’s telling he’s not remotely interested in buying any shares in his own company even when the sp has seen a 90% decline since the recent highs of £1.50. The BOD were forced to buy shares when they did the most recent fund raise but it was hardly a huge vote of confidence in their own abilities. He clearly does not possess the requisite skills or contacts to commercialise GDR and its products and as such should either fall on his sword for the woeful performance over the last two years or apologise for leading investors up the garden path with hugely optimistic statements that have without exception come to nought.

US DoD? Nope, nothing.
BC? Not a single sale.
Eastern European country interest? Nah, again nothing.
EU approvals. Received but unable to achieve a single three months later. Not even a distribution agreement in place and they’re not attempting direct sales so that confirms for me they haven’t shifted anything.
Disaster.

How many times do you need to be told System???
Approvals for the UK are not due this week, but you’ve been saying they are for the last 6 weeks. Give it a rest please. There are Many genuine share holders here deep in the red and your stupid predictions are irritating in the extreme. DB refuses to say anything to the market and going on previous form that means he’s got nothing to say. Another few weeks of silence and the sp will be almost back to our pre pandemic levels of sub 10p imo. Not pretty but it would be an amazing level to buy at with news due on AIHL. Just got to sit right here and hope Budd delivers something. Anything.

All well and good…if you believe AMC is really for sale.

If it’s not then share holders here will make far more by just holding for another few years imo

Agree with you that if this is sold for c.£100m someone will be getting a bargain. Would be great to be given some more news on this but I doubt we’ll hear anything for ages and certainly whilst geopolitical tensions are sky high btwn Russia and the West.

This is happening in another stock I hold (AMC) but there are a handful of very small buys which lift the sp quickly followed by huge sells . Anyone know what’s going on? Feels as if the mms are holding it up for someone to offload but of course for every sell there must be someone buying and someone somewhere is taking all of those shares and loading up.

As far as one can tell DS is a well respected figure in business circles and send very personable so hopefully he also has good relations with various people involved in the Russian State side of things too ie Rosgeo but also perhaps in the world of politics. As a major share holders here would suffer as much as any British pi if a deal was scuppered by current geopolitical tensions. DS and Co will wait as long as necessary for the right time and conditions in order to get this liquidity event over the line.

I’m guessing this might mean we have longer to wait and could also be the reason Rosgeo have not yet let the relevant licenses out of their grasp just yet…

I really hope the sp doesn’t sink any further in the mean time as it’s tough enough watching it languish in the low 20s. NYUD License transfer landing will see lift off for the sp and then, wishful thinking, that’s followed swiftly by confirmed resources and reserves figures in the updated JORCs for all the areas owned by EUA. From that point I hope a special divi would look rather more promising than it feels whilst the sp sits at 20p. If it’s sitting at 50p or even closer to the ACF valuation then who knows what could be on our way…GLA.

As I’ve explained many times here, I think AIHL will be sold to the NHS and we will see a blip in the Sp up to 30 - 40p. I’m building a stake at these low levels and will then get back into profit when that rise happens.

Thanks for the advice to sell but just because I think the Covid products are dead in the water doesn’t mean one still can’t make money on GDR.

Spoke too soon Schalf. Pity

If this drops further I’m going to get my chance to regain the 160k shares I sold the other day at 18.75p. Really thought I’d blown that chunk but with ongoing secrecy from the BOD and scepticism from the wider market it looks like the BOD aren’t able to furnish the market with the information it wants to see in order to even keep us in the 20s. As such it seems like a good opportunity is on the way to buy more.

Anyone think we’ll still be here next Christmas? I know DS said he won’t be rushed but this is ridiculous. What can be holding up the license transfers?

* update on sales in Q2