Member Info for Chrisatrdg

I have just checked the Court Listings this morning which go up to Friday 17th May 2024 & still no listing for the IM JR outcome.It did occur to me that the appeal judges are having to think hard & long as to the decision with regards was the decision made in the High Court incorrect because it did not take sufficient note with regards the cross cutting issue.

We now wait to next week for news.

With regards news on the finance front I can only guess that we will have that in the next two weeks.

Regards to all.

Hi LSE03 - Ben Murray was a star yesterday & I have just told him so on LinkedIn today.Ben represented H&W brilliantly & just showed how the company has grown in the last few years.

Just posted on twitter:

ChrisChrisatrdg·1s

'This has to be good news for Harland & Wolff who are expecting an announcement that they are going to secure a £200m deal shortly.Posted by a long term investor.

Quote

ChrisChrisatrdg·1m

'UKEF unveils plans to help exporters win £12.5 billion in new business by 2029 http://gov.uk/government/news/ukef-unveils-plans-to-help-exporters-win-125-billion-in-new-business-by-2029'

Hi All - Well I checked the Court Lists this morning & there is no case listed up & until the 14th May for the IM JR appeal case decision.

On the basis of no finance RNS this morning we are now looking at May for both the IM JR appeal case listing & finance deal as surely both must occur in this month.

All this is very frustrating & I agree with earlier posts that the finance deal will happen & yes the 100% Government support pretty well ensues that it will happen.

Hi Folks - Based on todays's Court Lists which goes to Friday 10th May there is no listing for the IM JR hearing.This means that unless we hear news on the finance deal next Monday or Tuesday both events are looking to take place in May.One way or another it is now likely both events will betaking place in May 2024 however not sure now which will be first.

If we have positive news for both issues we are looking at a rerate which I believe will take us beyond 20p.

Fingers crossed.

Looks good stokey12 - clearly H&W are confident that it will be another overhead that they can meet.It is not the sort of non operational post a company engages in if it is in the 'last chance saloon' rather it is now full steam ahead.

PS Court listing shows no IM JR case up to Friday 3rd May.

Http://onlineservices.justice-ni.gov.uk/publiccourtlists

Just to note that as of the 2nd May there is no listing for the IM JR.Clearly we are now looking at May 2024.

With regards discussion concerning the expected finance deal announcement this could land any day now but maybe it will fall into May but it is not conditional on a positive result for the IM JR or otherwise for there to be a deal.

http://onlineservices.justice-ni.gov.uk/publiccourtlists/SearchScreen

UK-US summit in Belfast aimed at boosting trade for small businesses

http://www.belfasttelegraph.co.uk/business/northern-ireland/uk-us-summit-in-belfast-aimed-at-boosting-trade-for-small-businesses

Edit: What a good time for the Government announce the H&W finance deal.

Kaeren - Great post agree with every word & sentiment.

Positive post stokey12 good to see progress being made by the FSS team bodes well for next year.We now wait for the IM JR decision & a finance deal agreed. Roll on the rest of April & hopefully a SP improvement.

As off today there is no case listed in the Court of Appeal up to Monday 22nd April re IM JR decision.

Hi Happy investors - I dipped my toe in the water last week with a small top up & with todays news I hope that the only way is now up with regards the SP.The only concern I have is what the SP will be for the next fund raise & that this time the directors have a water tight plan, provided current trials are successful, to be able to move onto the next stage.

I would like to thank those investors on this board who have dug deep & by doing so have saved Sareum for another day.

Let's hope the Company does not go back into 'the last chance saloon.

Broomtree I agree all assets are subject to a charge but the outcome of the IM JR will not effect the outcome of getting the finance deal landed.

Hi All - I have already asked the question about IM being tied into the finance deal at an investors meeting in London last year & the answer was no the loan is all about supporting future envisage work loads.

With regards the IM JR Court of Appeal decision date I have today checked cases up to the 16th April & the case has not been listed yet.

With regards the finance deal I believe it was suggested that it is the paperwork re: underwriting of future export orders that maybe holding things up & I suspect there will be no RNS this week & maybe not next week but before the end of April is my guess.

Hi All - To average down to 39p I have just added 700 shares which are shown as a Sale so it seems to me many others are doing the same.

Good luck to you all.

PS I made my thoughts known this morning in response to Mr Parkers tweet this morning as follows -

'Mr Parker - Why was there not a fund raise when the SP was much higher when the writing was on the wall - as an investor in Sareum I currently feel shafted.'

London Stock Market - down 17.24%

Hi Folks - It was my question at an investors 'meeting' that asked could the finance deal drop into Qtr 1 2024 & I am not surprised that we do not have an RNS this morning or even an update. My reading of the situation is that we just have to wait & hopefully in the early part of Qtr 2 2024 we will have positive news.If the deal had failed then an RNS would of needed to have been issued.I am certain in my own mind the deal will go through & hopefully soon.

With regards the IM JR appeal decision I can report it has not yet been listed & the listings now go to the 10th April.I will update once it is listed.

Hi All - I am at the lower end of the scale with regards my investment & have been in this situation with a Biotech Company before.As a shareholder, like many others, one feels we have been shafted however provided we have positive results in Qtr 2 2024 it should be a different story.I do agree with an earlier post that there will likely need to be a further fund raise but hopefully at a much higher SP.

The alternatives to Sareum's fund raise is that the Company would have gone under so we now all have a chance of recovering our costs & maybe more.

Clearly the BOD made an unwise decision with their earlier method of fund raising & was also a sign of desperation.

Clearly we will see a drop this morning in the SP & now need to wait to Qtr 2 2024 for clinical results.

PS If I had the funds I would likely Buy the shares on offer at 10p in order to average down.

Hi All - I have decided to make a small punt this morning 900 shares at 16.4 on the basis that I cannot believe that the directors of Sareum will have risked many years of hard work & shareholders money to have put themselves in a position of putting themselves & shareholders into the 'last chance saloon'.Fingers crossed for a positive update this week.

In summary does this not give us some hope & what is the likely SP the shares would go for possible previous investors might bite at the chance to average down provided they had assurances of the company having a future & not being in the 'Last Chance Saloon'.