Member Info for stephen11

He’d be better at analysing all the figures.

It looks good to me, but I’m not sure about some of the industry terminology to be honest!

Stephen11

I don’t know what all the panic was about!

GLA.

Could be fireworks for the SP today!

Stephen11.

Take Fatou as one example:

I Quote

"Acquired the Fatou Gold project in Mali with immediate mineral resource potential exceeding 350,000oz Gold".

Great potential future value.

Todays UK Gold Price = £1, 517 per ounce!

As a conservative estimate, around £530 million worth of Gold in Fatou, waiting to be extracted.

GLA

Stephen11.

Any word - or is the money in my isa dead for another year?

Hi Roger,

Funding doesn't always come at such a large discount as you suggest, going by the history of the company. Additionally, we have a near term sales funnel from AHIL and as eluded to at the November 2022 meeting, other funding options are on the table. Plus R+D spend may have reduced, increasing the cash runway! All very positive in my opinion.

Past performance isn't always predictive of the future. That said, find some info on previous fund raises as below:

- 23 June 2016: at 80p per share which was an 11% discount on the mid-market price from 22 June 2016 (next placing was 29 months later as the company made money from the disposal of part of the business and received grants from the American Military)

- 16 November 2018: at 23p per share, which was the mid-market price from 15 November 2018 (No % share price discount applied). The next placing was around 18 months later.

- 5 May 2020: at 80p per share which was a 60% discount on the mid-market closing price from 4 May 2020. The next placing was around 16 months later.

- 10 September 2021: at 25p per share which was was a 40.1% discount on the closing price from 9 September 2021

- NEXT FUND RAISE: We had cash reserves of 6 million at the end of March 2022, with no debt, so funded for about 15 months (around June, 2023, assuming a £400,000 a month cash burn)

Stephen11

Great post BigAl,

Thanks for the info sharing. I can't wait to the new financial year to load up my ISA with more golden tickets.

We have a bright future ahead.

Stephen11.

Years @ typo

Don't mind you asking at all Cash,

I have around 40 AIM listed shares on my watchlists and am invested in around 10 of them. Up until a few tears back i only invested in larger FTSE 100 companies and through fund managers, so i am keen to learn more about smaller cap companies. Bigger rewards on AIM but also more risk. I like to read all RNS announcements and watch market indicators.

Hope that answers your question.

Stephen11

I'm not invested but have this share on my watchlist.

Super pleased for anyone who bought in pre-suspension.

Interested to see how high this can go today - you don't see +325% everyday!

Stephen11.

Will they put a monetary figure on the value of Chudditch in the CPR?

Just curious - some companies do and others don’t!

E.g., UKOG valued a gas discovery at around £125m this morning. Don’t think an estimated value was given for Dunrobin.

Stephen11.

I’ve seen several fundraises over the years, although you ask a very broad question Midsummer.

What specific question do you have about a fundraise in relation to GDR?

Best Wishes,
Stephen11.

Any sign of the bats getting evicted yet?

Yea...fair point about a bird in the hand Roger!...i'm the same, in the sense i've been here a while. Just don't want GDR sold on the cheap. Appreciate everyone has there own target in mind.

£1 is far to cheap for a buyout in my opinion (when you take intellectual property rights and potential market size into consideration)...Dick Turpin like big Pharma stay away unless you want to pay a fair price.

I'd rather hold to see the true value when sales materialise for hearing loss and stroke.

Don't forget, in May 2020 we hit over £2.00 intraday on rumour alone.

Stephen11.

With a strong prevailing wind we could see 30p today!

Or maybe that’s just last nights Chinese meal?

Lol.

Great info sharing Brighty,

Patience in this stock will be well rewarded.

Stephen11.

Off to the races today again!

Wow - the private healthcare market in these Middle Eastern countries could be huge.

This demonstrates the credibility that NICE accreditation has around the world.

Bodes very well for the future.

Thanks for reposting BigAl and cheers to Nissan for the original post.

Hopefully the first of many new UK Hospitals and Trusts adopting the hearing loss product in the near future.

Stephen11.

The ask is at 0.295 - things could get spicy today!