Member Info for bobfraeberks

Elsol. I have zero inside knowledge and am willing to be critical of SNG management (if you were at the last AGM you would have heard me). I have been a commercially focused FD of some big businesses, and my analysis of the INCREDIBLE DELAY arises from the inherent ability to piece things together (analysis) that helped me succeed in these demanding roles. My reason for posting on the BB is simple…I have greatly appreciated so many great finds others have posted and only wished to make my contribution. Sure, I may well end up eating humble pie…and nursing new losses…but its my honest endeavour.

Doc83 I expect Simon Shaw is doing his best to straddle lines between normal legal requirement, not uppsetting the applecart with the government and doing his best for the company (us investors). Cheers

Still standing by my assessment and expect incremental delay of calling the AGM is down to the new government getting round to agreeing the planned support for SNG testing (not that it should blow a hole in the Chancellor's "Iron clad fiscal rules". Good news still expected relatively soon. Personally, the AGM needs to be called in the next few days and scheduled not later than 7th August...or I'm going to miss the fun and, importantly, meeting up with some great guys!

Doc.Daneeka I scincerely doubt that the deferral of the AGM call to at least 2nd week July is anything to do with the P2 trials...do you now agree? Do you also put significant weight to my theory? If not then why? Cheers.

I stand by my alalysis that a favourable RNS is imminenent and have topped up to 500k shares with:

10:29:56 4.69 30,000

The ,maybe not so canny Scot, will Invest (gamble) no more!

MrCosts Thanks. I also noted at least some of the points you pointed too. We will know pretty soon just what the incredible delay is due too.

Doc.Daneeka You may well be right but I did use to be a very canny FD of big businesses and I am putting my money where my mouth is. What are your thoughts on the incredible delay in calling the AGM...positve (like me) or negative (reason) or you don't have an opinion?

Clearly, something is up…and I believe good news is imminent (I have topped up to 470k shares, unfortunately most are pre 21 Feb22.

At the last AGM, which I attended, Simon Shaw absolutely committed to improved investor communications…this has not happened, at all. I expect this to be necessitated by ongoing commercially sensitive discussions as I read him as an honourable person in both the meeting and offline discussion.

The recent BARDA announcement re. the PT for ARDS was released 24 June and SNG AR & Update followed on 27 June…very close timing. “An additional company and product may be added to the clinical trial at a later time. “ I do expect this to be SNG and that the hold up is due to the PURDAH caused by the unexpected election and that NHIR are planning a financed collaboration with SNG and BARDA. Thanks again Brand.

It appears to me that SNG have, in the past, communicated on presentations etc. However, I have not seen anything from them re. the presentation in Edinburgh or the re-testing by Porton Down…Why!

The BOD failing to call a timely AGM is incredible…unless some scenario as above is the reason.

I expect a favourable RNS on Friday or early next week including calling the AGM. Like all LTI’s, I have been disappointed\let down by SNG management on too many occasions, but I will stick my Scottish neck out and predict a different outcome (at least in the short term).

GLA

Thanks Brand...you are providing HOPE to all LTI's.

Doc83. Topped up today as I needed cheering up…on my way back from Germany 😫😫😫. I’m certain good news is imminent😇😇😇

No RNS today is very good news for me personaly as I will be able to take my wife to a rediculously expensive hotel for our 48th anniversary and be at the AGM! In my opinion, the delay has nothing to do with the accounts...nothing. Its all to do with strategic direction and will be positive news for us LTH. Looking forward to meeting up at the July AGM with some great guys...mine's a Guinness!

I expect the have left it late to talk with the people commanding 28% of the shareholding re: Extraordinary GM to raise some capital and they are, rightly, playing hardball on exec. remuneration...I HOPE

The_Paladin: Agree with everything said. Re plan B...at the last AGM, Simon Shaw stated that he got the message loud and clear that SNG had to improve on their investor communications. I found him to be quite straight forward and willing to engage.

The severe lack of such improvement does support the theory that somrthing is going on at a strategic level.

Well done to the sleuths. Either our stock has degraded prematurely or they decided to fork out more valuable cash for…what!

Hi Jint. Many thanks for the highly informative update on the IP. We're still well in the game.

See you soon at the AGM (assuming it doesn't clash with the Scotland team dominating EURO24!!!). Cheers.

Doc83. Looking forward to the AGM get-together with your bros and Jint...and anyone else daft enough to join us! Arra very best.

I believe something good must be on the cards. SNG ,surely, would not commit precious funds to re-testing at Porton Down(!!!) and UK HSA would not have allowed this if there was not a forward plan. I'm trying to hold back my excitement (own 0.2% of SNG) as we LTI's have been here before...but!

Thanks Brand...another great find and this was only published on the 10th March24. Yet more scientific evidence that SNG are on to something big medically and investment wise. We await news!

At the AGM, I spoke directly with a very senior BOD...they are expecting BF buy in post good data from the P2's (possibly 3 P2's of which two would be USA...from recall. USA is most definitely the target market). They know we can't do another Sprinter!

Thanks Tim. Bit dissapointing, as it suggests we only start the small P2 trials after the non-interventional study is completed (as opposed to partially completed). That may be months ahead, and of course raises the question of available cash. I'm still a believer in the product\science...just wish I had as much belief in the management.