Member Info for stephen11

Fair play Bruno!

I’m wondering were I went wrong now!

GLA.

Estepona!...OOOhhh how the other half live Popeye. LOL.

Its ****ing it down where i am!

Best of luck for Monday everyone.

Stephen11.

A sniff of FDA news would make the SP rocket, especially as the hearing loss product is a world first.

Just look back at what happened the SP with the Covid product when it went for FDA submission. Difference is the hearing loss product is not entering a saturated market. And the Yanks always favoured homegrown products during Covid anyways.

GLA.

Good info Rodney - thanks for sharing.

GLA.

Share @ typo

Thanks Popeye - the second half of 2023 is when I’m hoping to see the real value of this year. I’m building up to a similar level as yourself.

Fair play Popeye - you must be nearing the 1 million mark!

I have cleared some spare funds, but will wait until after the meeting to top up. In case the SP tanks, although I’m hoping it doesn’t.

GLA

Stephen11

Oh well! Could be worse. We still get the onboard spend.

From my recollection they said no fund raises in 2022 (this was asked in Q+A) - i'll watch the presentation again tonight.

Thats BOIL and Cleantech lithium that have categorically denied the need to raise funds this year only to do the opposite!

Oh well....another lesson learnt.

GLA.

Please stop the misinformation and conspiracy theories, especially from new posters.

At least base your posts on facts.

Direct quote from the Half-Year Report, published on Tuesday, 29th March 2022 in an RNS as below:

"Cash of £6.0m as of 25 March 2022 following recent receipt of R&D tax credit of £1.2m"

According to the aforementioned report cash burn is at around £400,000 per month.

We have enough funds to run for 15 months from the end of March 2022 which takes us up to around the end of June 2023. Having said that, going by the funding history in the last 5 years, they usually raise 3/4 months before cash runs out.

As an educated guess, if we need a future fundraise it will be around March/April 2023.

Who knows, if we get another tax credit (early 2023, which we are due) and sales around Q1 2023, we might not need to fundraise?

Stephen11

Usually get the final results (with full end of year info) RNS a couple of days before the live presentation Northeast - that’s what’s happened last year anyways.

Stephen11.

Notice of results:

https://www.lse.co.uk/rns/GDR/notice-of-results-6mqm0rej86m78q5.html

Anyways - very sad that shareholders need to speculate on these type of things in the absence of proper communication from Budd and the Bod!

Sorry - 6 months for full year end- so at least we know news is due by 31st Dec 2022.

This is what I thought. So GDR had 3 months from the end of June 2022 to announce results? Should have been no later than the end of October 2022, to avoid suspension from AIM, as stated in paragraph 4!

What part of this am I reading incorrectly?

In the absence of any form of communication from GDR does anyone know the regulatory timescales by which end of year results must be published?

Thanks,
Stephen11.

We should use some of the money to bring over Tony Beets. He’d have the tailings mined in about 3 days!

As they said in Braveheart “Hold the line”

lew1964 filtered