Member Info for roger65

Could Avion be a sticking point in any negotiations? They have exclusivity for the US market I believe?

Directors and new investors bought shares recently but the direction of travel for the sp is still south and volume is pretty much zero. I’m holding only on the assumption they know something is coming down the track that will improve the outlook here. Just hope it’s soon whatever it is

You seem happy about that zeeco. Very odd post

Don’t think today’s drop is anything to worry about anyway. Volume is low and it’s still above 10p. If the volume was through the roof and we were consistently heading lower then I’d be concerned. Patience required.

‘Bringing the war to a close…’ where on earth are you reading that? How do you interpret that from anything currently in the press? Europe planning further sanctions and the US just announced theirs to start Ina few weeks time….? Mind boggling. I think this war has no chance of being brought to a close anytime soon sadly. Kirill is there to discuss business matters rather than have anything to do directly pertaining to potential peace talks. Just my take on it. I would be delighted to be wrong though and see this bash through 5p this week.

Yep this is gonna go bust before any contracts are signed.

Personally I think this morning’s RNS confirms there are no serious negotiations taking place yet. If there were then why attend this forum. If you were a potential partner or buyer and were in the middle of negotiations you’d be fairly hacked off if the CEO announced a pause in talks so that he can swan off and try to find a better offer.

Patience. As I say, last week’s RNS for me was a message to existing share holders to be patient, all is well but we have to wait for longer until any game changing news lands.

Really?? I thought the RNS this past week was positive but was definitely released as something of a message to share holders to be patient rather than a deal is really imminent. If one was imminent then they wouldn’t have bothered issuing it for the sake of a few days and also because I think they would have been too busy. Deal is definitely still possible but, like a few others here, I saw it as a nudge to potential partners to get a move on because time is passing us by and Christmas is Tim’s preferred deadline for something to be signed by. No chance of an RNS tomorrow morning imho.

They seem to be getting all the attention - and all the funding from the Govt. Weardale just left to fend for themselves?

…fewer

Don’t get me wrong, I would love nothing more than a mega deal here that gives us a multi bagger but ….given the amount of interviews and public messaging about what Tim expects, why is the sp not sitting much higher? More like 20 or even 30p? It’s not as if it’s under the radar after the interviews. Does the main market just not trust the CEO or is it the mcap is still under £100m and so iis aren’t yet able to get involved? I don’t know the answer, but if a deal of several hundred million quid was a definite possibility then surely there would be more buying going on, maybe even a potential partner or buyer building a stake would be occurring. The latest dip seems very odd after the RNS this week which was definitely meant to reassure the market things are on course.

Anyway, whatever the reason is for the dip and sustained modest level of the share price, I guess any major deal will take the market by surprise and be all the more enjoyable if/when it lands.

If Riverfort sell them now at current levels they’ll make a whopping c£20k

I am genuinely surprised they are even bothering. They might as well wait and see if there is a recovery. Do they really think GDR is going bust? Personally I doubt it now very much. We just have to hope the Directors are being sensible and working DN to solve the funding issues. They run out of cash early around mid January I suspect so we’ll know soon what’s playing out here.

If Tim and Ketam released that RNS in the hope of giving sentiment a boost then it has backfired . I was expecting some FOMO Friday action. Bugger

Looking like they’re going to drop the Bid even lower. Blatant manipulation and day traders don’t help matters

Well that RNS has done the share price no favours what so ever. I’m very surprised but Tim is going to just have to provide something far more concrete than the usual platitudes of the market is going to take IMM seriously

It’s got to start getting back to mid teens before any deal is announced, surely?

No it isn’t. It’s exactly the same as Tim saying interviews shares holders can expect a deal/deals by year end. That was and is still their ‘stated objective’. Just being contrary and…boring

Disagree otm. I think the RNS was specifically issued for two reasons. Firstly to reassure share holders a deal is still to be expected, and by year end. Secondly it seemed like a nudge to interested parties to hurry up with their DD and start putting offers on the table. If it’s a licensing deal then I think the minimum we would see is a share price of 30p. Hopefully more. Much more.

Where did the RNS state ‘working towards a deal’ Bonneville? You’re making things up or need to brush up on your reading and comprehension skills.

The RNS was to reassure the costing shareholders and imv also a hurry up and make yr move kind of signal to the interested parties.

The only thing I’m slightly sad about is that a complete buyout seems less likely to me. Still, any deal is going to see the sp at least 100% higher than where it is now - and that might be for something in the portfolio other than P140

I concur hammock

They’ve somehow managed to blow what was a decent chance of making a success out of this and it’s now at the point of going bust - unless they get some pennies in from somewhere to tide them over for a few weeks. Rubbish mngt and I can see this being picked off by a PE firm or, as you say J n J, for absolute peanuts.

Come on OTM, is therein an RNS. No placing and still on aiming to deliver a deal by year end. It’s definitely a positive update. Even you can’t deny that.