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FDR

First Development Resources – “strategic placing” to explore rare earths potential at Selta which “has always been central to our plans for the project”. Er, has it?…

First Development Resources (FDR) “is pleased to announce that, following strong investor interest, it has raised £1,000,000 (before expenses) through an over-subscribed placing”. A good price then relative to the most recent close 3.25p share price?

By Steve Moore | Published 2025-10-27 11:38:57 |

First Development Resources (#FDR) – £1m placing at 3p per share with warrants

2025-10-27 07:57:19

First Development Resources – trading value as the next Wishbone?...

We are out of Wishbone Gold (WSBN) having helped you make bumper gains quickly, but could this be the next Wishbone?...

By HotStockRockets | Published 2025-09-05 08:17:34 |

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Recent Comments

TOM23 Sep 2026

Not blocked any of his postings , i think they speak for themselves

Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson

BAGHOLDER7923 Sep 2026

Good article, Tom. As we know, paid promotion is always a bit of a red flag, and while I was aware that Medpal had paid spivs like Richard Gill and for research reports and had done a couple of interviews with Zak Mir, I wasn't fully aware of the extent of their engagement with the loathsome Mir. I also wasn't aware that Medpal was engaging Twitter rampers, who have presumably either taken undisclosed payments or potentially own the stock, as you mentioned. However, the biggest red flags to me are the history of the Drummond Brothers and the company's reluctance to provide meaningful updates on its cash position or (presumably lack of) profits. I see that Jason Drummond is happy to blather on about revenue growth in the pharmacy arm, but from what I can see, there has been no update on operational cash burn since the March annual report, where cash burn was allegedly £4 million/year. One would assume that cash burn is now significantly higher, considering the company has seemingly burned through approaching £8 million (perhaps £7.5 million net) raised through the April and July placings, hence the latest placing. I cannot say I can remember many other companies which have raised funds on 5 occasions in 10 months, almost immediately after floating.

Who is pumping Medpal AI and why?

Lloyd23 Sep 2026

Has he stopped making posts on this website or are you just not letting them through?

Letter to Baker McKenzie – the Police would like to speak to Paul Mathieson

TOM23 Sep 2026

https://youtu.be/WOw3EDawJh4?si=NddyHNGHlOT4N39i

Paul Mathieson writes…