Member Info for Lazarus2

Good post rioutd. Interesting to see what the litigants make of this as the process appears to have been relatively straightforward with no other party crying foul. GSK seem to have made a reasonable offer.
The vote later this month will be interesting but I would imagine it would go through after the increased institutional involvement in Sierra in the past 12 months

*releases

Be a bad time to release good news on a Friday pm when the market is winding down. That is usually reserved for bad news rwleases

Not long now RMM until we discover our direction of travel. It is imperative that the Directors stick to the stated timelines already signalled. To be fair, they have delivered on Tox, Consolidation and the half yearly report. There is nothing to suggest that we won't get a RNS soon - maybe even more than one. This is a critical time for Sareum and the shareholders as the route to commercialisation begins to crystalize. Can't wait!!

Your confidence and cryptic message is welcome WiP - nobody would want you to be too free with your comments but any speculation from you would be more than welcomed. But then, maybe you are legally and morally constrained.

It is the 78th anniversary of D Day tomorrow 6thJune so in a moment of unbridled patriotic fervour I am expecting a news release. Probably a bit optimistic but it’s all I have to cling to during this prolonged period of radio silence.
C’mon Tim - release those big money balls!!

I would tend to agree Luton.
Market conditions have been poor for some time now especially since Putin decided to attack Ukraine. You could argue that we have shown resilience and that the sp has held up very well. PH know what is coming and when. Only when information is in the public domain can we expect a brokers note etc: After all, nobody knows what we have and what we are doing with it yet so how can it be assessed and valued?GSK/Sierra is also not a "given" just yet.
Look across the spectrum of quoted companies and on the respective chatboards you will see lots of nail biting and angst. It doesn't take much to turn the tide of sentiment but the market seems to want nothing but tangible added value as opposed to "futuristic" added value. Mining and Oil stocks drilling news is hardly causing a stir despite great results. SP remains static or drops - keep the faith I say - not long to go.
Lets face it, if every sp were to keep going up then we would all be selling and taking cash out of the market leaving the MM's with millions of shares rapidly diminishing in value. It's not meant to be that way around. Remember, the Bookie never goes to and from work on a bicycle!

Not much expected from the market this week due to Thurs/Fri being Bank Holiday and the markets closed. Irrespective of which way the sp drifts this week we enter the month of June on Wednesday meaning news will be within touching distance. There has been no bad news released of hinted at with regards to our progression as it would have had to have been reported as it occurred. Still all good here with the strong possibility that the sp will start to rev up from next week onwards.
The continued silence with regards to Agile application (or similar) indicates to me that it is all relevant to the same core development with 1801. Irrespective of all of our speculation on here as to buy outs etc: it is clear that the timeline already notified by the BoD for progress will still produce a boost for the sp and give us all an idea as to future intentions.
All good here and a win/win for investors (and, possibly, traders too)

I agree BlackisleBoy - smoke and mirrors here this morning as last nights u/t was designed to ensure we opened red first thing and to give a false impression. Doesn’t matter to most here though, only to the sellers and traders.
Let them have their day - ours will come and very soon

I agree BFC1 - The last RNS is potentially transformational. Like you I was buying GGP at 0.36p - unbelievable when you think where it has been and where it is now. Still have a very healthy holding there also.
ROCK is now a sleeping giant with huge gains possible for those that remain patient.

Just like WSG is a subtle dreamer with an imaginary friend. He has no idea where this will end up unless he has an inside line to the Company’s strategic plan.
I know you are in GGP strummer - I have been there since nice 0.36 days and posters like WSG were saying exactly the same then. My advice is for everyone to stick to their own investment strategy and do not be misled by rampers and derampers alike. Your money..Your call

Thanks for creating this new thread AntiFragile

I think he does SCHeckler - just not broadcasting it. My money still on a collaboration with GSK

Hi SCHeckler - missed your comment earlier but it’s anyones guess. It would make sense if they did at these levels - plenty of leeway.
Anyway, easy to adjust the ready reckoner- all good here

Thanks Cornish and WIP - I had considered that but I wanted to outline realistic short term values and allow investors to make their own judgement as to where this might settle after news. Brilliant if we did get valued at over 1bn but, unless there is a deal in the offing I feel that the sp will be pegged at lower levels.

Couldn't reconcile with my error so here are the correct values:
£2.25 sp = £153m market cap
£3.00 = £204m
£4.00 = £272m
£4.50 = £306m
£5.00 = £340m
£7.00 = £476m
£10.00 = £680m
I feel better now.

Ah! I did indeed Horse thank you - Apologies to all

Some on here may find the following values of interest when trying to evaluate their own holdings or top slice levels.
I have started at £2.25 for relevance (undervalued IMO). With the news to come - some of which is imminent - it may help some to put a realistic value on where Sareum would get to:
£2.25 sp = £153k market cap
£3.00 = £204k
£4.00 = £272k
£4.50 = £306k
£5.00 = £340k
£7.00 = £476k
£10.00 = £680k
So looking at the value of other deals within the Industry and licencing deals it is feasible to estimate the value of Sareum as we progress.
I hope some find it useful although I do appreciate that it is "old hat" to others.

£2.30 - full ask paid

There we go