Member Info for Del77

Interesting to note the positive move in Sierra Therapeutics share price last night. Traditionally February has been a good month financial and research updates towards the end of the month for Sareum. And a good month for share performance too. Currently the share price is relatively low and we have a mile stone payment which is expected and could land at any time this year, the current share price could prove to be a good entry point. Just in my opinion and have been invested for 10 years. GLA LTH. D.

Interesting to note by 10.30 volumes iof shares traded exceed 3m and the price is moving up. I would not be surprised if major oil and gas cos with access to the data room are taking positions D.

I understand Repsols headquarters are also based in Madrid D.

Interesting to note that before 3.00 pm shares traded exceed 6m on a day of no news and the share price is up over 7 %. D.

If you are a multi national o& g co and you had access to the data room and you liked what you saw and may be interested in acquiring sound energy , why would you not be acquiring shares at the current price which would save costs in a succesful takeover of sound, or in the case of an unsuccessful take over due to competor succeeding , a profit would be realised on the buy at 29p and what ever LE is. Food for thought. D.

Whilst we will all have to wait for an RNS to confirm whether we have discovered gas on a commercial basis from the te10 drill, my understanding ( happy to be corrected)those multi nation O&G cos with access to the data room will receive updated progress of TE10 on an going basis. IF this is the case it is possible a take over of Sound Energy may be in play at any time in the next 6/8 weeks before aRNS is issued. D.

Lump hammer I think the dates refer to conferences held in calender year 2018 , and have not been updated for 2019 D.

Can some one provide the conference call phone number for today Thanks D.

Only c 1.5% of the issued share capital was traded to day! Should be interesting day tomorrow if say 20 % of the sharecapital is traded! D.

Jez Helps to get over the Sound fiasco...

Jez Pyc 31. “Bagged “ over c 9/10 trading days on buggar all , a £500k contract as you say Eua peaked in mid Juky 2015 intra day at just over 2p a share, moving from c 0.80p at the mirning opening We have made so much progress then, you really wonder how high we will get to by mid day tomorrow.. not long to find out:) Good luck to all LT holders... now is our time D.

Searle Totally agree with your post at 20.03 Tim , particularly , and John will be looking to derisk their Sareum holding , in effect their pension and future personal and family prosperity. I personally think based on their ages and surely stock market volatility will continue to increase going forward , lack of , or withholding of , published research data and results, 2 newly appointed experienced non execs, a deal or deals may be announced in Q1 /2 next year. The recent share issue raised no volatility in sareum shares( most unusal). The with holding of research data / results has been on going for almost a year. It could be a deal is somewhere on the horizon, which could “crystalise” value to shareholders and permit Tim and john to be employed in the result of a takeover . Thenew non execs and Chairman would then be in a position to make a recommendation to shareholders as Tim and John would be conflicted , as stated by Thoth2. I would guess at the AGM the new non execs will be granted share options. It would be interesting if these options were over 1.20 pence per share and they each purchased shares in the market at the same time to give them “skin in the game” . Hopefully this would give us mire confidence that something is on the move in the background. GLA LTHs D.

Presumably if there a t/o EUA at any time say in the next month or so , the options granted for dec 18 and june 2019 would qualify the same as holding a share in EUA. Therefore a t/o could happen anytime soon and the options would be converted to shares as part of any T/0 D.

If TE9 is a success , the number if oil majors that would want to get involved in a LE will not be insignificant, judging by the cash and profit being generated with the current oil and gas prices. BP has today reported it made £3bn profits in the third quarter alone! with revenues of £63bn in the same period. Current Market value of BP £107bn. Lets hope for a sucessful te9, 10 and 11 , if we drill all the way. GLA all LTHs. It seem to me some II investors are adding to their positions at the current SP levels Sound at its current market cap of c £350m Could be classified as Petty cash for the big oil majors D.

A random thought. If the BOD are in discussions with A N Other co under an NDA it may be the funds were raised to cover any legal costs involved in any ongoing IP negotiations/ draft agreements that may or nay not be underway. Any one who has employed london legal firms with realise they do not come cheap Only a thought...could be well off the mark D.

With this volume and todays placing announcement , are we due news next week? Could a deal be announced with a pharma matching our funding raised/cash position to take a small interest in tyk 2? On the other hand now that the placing is out of the way, hopefully it will be all good news going forward and SAR can steam forward and positions are now being taken :) Nice to a high number of postings on the BB today as well. D.

My thought about not promoting SAR before placing( which surprised me) is perhaps they are in negotiations and being cash strong may help those negotiations to come to a conclusion. The sum is not significant to SARs market cap and the market has taken this placing surprisingly well this morning and the share price has held up well. Perhaps we are closer to completing a deal than we think. Anyway if Tim starts promoting SAR in the near future, it will say to me there is no deal on the way.... but with large volumes of trades this morning, and the share price held up... i ask my self why? D.

Capital raising at 0.65p Hopefully this will optimise the value of Sareums ip and lead to a number of licencing deals in due course D.

My thoughts are 1 . If you are planning a placing the BOD would be promoting SAR big time. They are not , but exactly the opposite and have taken data down from the website. 2.IP Funds are due from Sierra in the foreseeable future . 3. Late withdrawal from ESMO conference , why 4. Early release of unaudited final accounts, why 5. No promotion of the research at the time the accounts were issued, radio silence, why. 6 Why did the Chairmans wife buy £5k of shares earlier in the year We do not know why the BOD are acting in this way Hopefully we will find out soon and the share price will be a lot higher in the months ahead. I am holding until i find out:) D.

SO Many thanks for your comment/explanation at 13.05, which i found very helpful Thanks D.