Member Info for Lazarus2

They are back...."The pathetic sharks" - constantly demanding justification of optimism whilst spouting bile to justify negativity. Must be too much decent information on here for their liking and they seek to disrupt.
Time will tell guys, time will tell.
A strong buy just for good measure.

Hi Fearg
Depending on how we dealing with things there could be more than one.
They are generally very specific and protect the interests of both parties. In particular, public disclosure is not permitted unless ageeed by both parties.
Even if negotiations break down, the constraints agreed within the NDA will still apply for a specified period.
To breach a NDA would result in court action and would probably ruin a small company such as Sareum. Not only that, trust would be eroded in Sareum in the event of a breach and credibility would take a huge knock.
So in my view the silence tells us everything. Although we can only guess at timelines and outcomes.

I should add that I have been here as long as anyone and have a substantial holding (for me) and so I understand the frustrations being experienced. We are all displaying the excitable condition that afflicts kids on a car journey repeatedly asking "are we nearly there yet". It is unwise to kick the very people who will fulfil our potential before the journey is complete.
So no EGM for me and no NED knocking unless thoroughly deserved.

Hi all,
Great research as ever on here so thank you. It firmly identifies the potential of what lies ahead. I have already posted some commercial strategy options for consideration but I think that the role of the Non-Execs is crucial in getting us to the next levels and beyond. I know that they have been much maligned on this board in the past but their roles are pivotal as there is board experience, Industry experience and access to Industry contacts.
We need them on board to provide credibility to our overall strategy and intent. It is worth pointing out that NEDs are equally as liable as executive directors so they do not join Companies on a whim and believe in the potential as much as we all do
The other point I would raise is that somebody on here recently asked about Keyman Insurance etc: in the event of a catastrophic occurance. Again, the NEDs are vital as they can fill the breach on a temporary basis and provide details of potential replacement candidates if they were ever needed (God forbid). NED's will also know the whole business plan and the strategy going forwards as well as being subject to NDA constraints if, indeed, they are in place (which I think they are)
Apologies if this has already been stated or to those that already know this but I think it is worthwhile to add some balanced context regarding our eventual route to market and the role of the NEDs.
For the avoidance of any doubt I am not, and never have I ever been, a NED

*Ahfam

I read your post from last night. I can assure you I am not one of the Viz gang.
Every new poster is not a threat to your investment mate.
Just for the record

Well - no Friday pm sell off. That bodes well.
Also, no sign of the Viz gang aka - "Pathetic Sharks"

I remain intrigued by the amount of buys and the lack of a TR1. But I am more intrigued by what is going on behind the scenes in a strategic way.
Most here agree that Sareum cannot afford to go it alone and we require a partner with deep pockets. Sierra will not be that partner - so enter Gilead with a stake in Sierra.
As I see it there are 5 main scenarios to be considered:
1. Sareum sell out to mulitple partners over time with multiple contracts in place to develop treatments for various diseases
2. Sareum deal with Sierra and Gilead for SRRA737 only as part of 1 above
3. Sareum have offers from other suitors and deal with 1 x suitor who will take Sareum and all contracts lock stock and barrel which would include Sierra/Gilead interest.
4. Sierra/Gilead would have to consider buying everything from Sareum as A N Other suitor would have access to their work and pace of development or relinquish it.
5. 3& 4 together = a possible bidding war going on behind the scenes with Gilead unable to make a move with Sierra until outcomes are known as Sierra could be subject to a new Suitor.

Lots to ponder and I have not touched upon Covid which could up the ante significantly.

Happy for this to be picked to pieces if it sparks a sensible debate regarding possible outcomes.

Good morning,
Long time lurker and holder but new to posting in general. This has been a great share for almost everyone including myself. I think the sp will respond positively to next weeks results but I am not expecting anything spectacular in the way of sp increase until such time as the MRE gets updated. That is real value and sits on the books of GGP. It also underpins the value of the sp going forwards.

If the mms have gone short then they might just want to close their positions ahead of the weekend. We may see a rise as they buy back. No evidence to support this and speculation on my part.

The only other option is "the NTOG defence" alluded to earlier.

Not much liquidity at these levels. Not many sellers as we move closer to news but plenty of buyers I suspect. Volumes are thin having been strangled. Large buyer trying to get ever cheaper shares.
This presents a buying opportunity if you believe in the science.

We all speculate to accumulate moons. I totally agree with your point but you are ignoring the fact that speculation can drive the sp much higher than its actual worth due to high demand for shares. Supply and demand dynamics take over.
Time will tell though and true value will eventually be established one way or the other.

Morning moons.
At this juncture it is not about market cap it is more about potential and sentiment. GGP for example is valued at roughly £1bn with no revenue stream.
Market cap would be more relevant if we were a FTSE250 company and I get what you are saying.
The reason we are all on AIM is to make a killing and it is a bit of a high stakes casino.
So if you look at potential for Sareum in the near term we should be attracting lots of speculators etc and I am surprised that the so is not closer to 3p at least. Sareum is quite unique as one deal could send the sp stratospheric and it won’t be a gentle climb either. I’m not sure if this response answers your question but if you have no appetite for risk then you could always invest in more stable and safe companies such as Lloyds, BP, oh..wait a minute....

The sp is being suppressed - no doubt.
The last time I recall such blatant mm tactics was a few years ago with NTOG when it was held down despite good news.
Eventually the CEO at the time was approached by a mm and asked to raise cash via a placing in order for them to be able to close out their position. The CEO refused and went public causing a storm.
Some similarities with our current position. If news were to drop some fingers would be burnt

Thank you Thoth2 - fantastic research as ever. Just need a bit of news to kick the sp into gear.
The potential here remains quite staggering

Aaaagh! Num4 - I am from around that time and I am certainly not part of any Nov 17th conspiracy. It has already been explained that - after LSE issues - we all had to re-register as members due to the read only facility being taken away. I am sure there will be other genuine holders all in the same boat.

Hi,
New to posting but not to this share. Whatever the short term pressures there are too many positives to keep this sp down for too long. POG, JV...I could go on. Don't be overly concerned with day to day fluctuations. Keep your eyes on the prize as they say.

Trader
I understand the point you make but equally, you are looking at Sareum through the wrong end of the binoculars.
I would echo the point made by Belhus.
Also, the old chestnut of NDA's spring to mind as the entire situation is highly sensitive if under contractual negotiation. Sierra dare not breach the terms of any potential NDA hence the deafening silence in my opinion. I would be equally sure that any NDA would stretch as far as CRT and Sareum as they would need to be negotiated with/briefed accordingly. The NDA can be in place for a specified period of time beyond the completion of any negotiations other than mutually agreed press/market releases.

I don't think Sierra need to look too far for a partner Damion. It would be totally illogical for Gilead not to be involved. Just my opinion of course and would welcome alternative views.