Member Info for Lazarus2

This is quite a positive report. The main takeaway for me is that we have re-established the status quo at Sareum. The science appears to be good as does operational progress. Now that we are over the financial scare I feel that we are very much back on track. Data for 1801 is imperative for progress including for 1802.

737 could be a Brucie bonus! The only thing left to sort is the market and sp. Hopefully, news will correct both.

Totally agree Fearg - they are one of the architects of this decline, as we have witnessed.

Not sure how many they have left Elcap - can't be many. They have been issued warrants though for which they pay Sareum to convert to shares.

Morning SOG - It would be good to get a firmer handle on progress and intentions for sure. I think the fundraising is a success and has sent a clear message to the BoD. Unfortunately, some of the questions you pose have no clear answers. Informal talks are exactly that - informal and would form no basis for a RNS.

Placing and wrap will go ahead to maximise availabilty of funds. This answered by the 1802 comment in the RNS.

I would certainly hope that we would stay in Oz if the opportunity is there. Once bitten twice shy in the UK I would suggest.

My own opinion is that the Ph1a data is the key to unlocking information and for 1802 progression. I do not think we will know about licensees until a deal is done. I say this for 2 reasons:

1. Informal talks are just that and hold little or no substance

2. Any serious talks will be the subject of a NDA.

I think Sareum is through the worst of its troubles with funding now in place again and validation of 1801 not too far off.

After hours trades and an uncrossing trade at 10.3p.

Hi HBD - you posed a question earlier today with regards to RF forward selling. I think they only have what is left from previously and they cannot forward sell warrants until notice to convert. They hold just over 1m warrants and would need to pay Sareum cash to convert them to issued shares.

Probably won't find out until the dust has settled on the 5th.

As a result 1802 back in play - great news. Well done all.

RNS out £1.12m raised from Wrap

Yes I get your point.

Looks like we are getting a final slap from RF and PH with all of these low ball sells

Hi Potnak, you asked why I would back the board. Quite simple really.

1. They are the ones that have developed Sareum and taken it to where it is now.

2. They have skin in the game and risk losing a lot as well as their scientific and professional credentials

3. At least one of the Directors has secured a £1.4bn deal in recent years.

4. Not all of the facts are known with regards deals/non-deals.

I agree that they could have raised just after consolidation. I presume that there have been a few false dawns due to lack of trials and data. I am pretty sure a few will have chanced their arm to get us on the cheap and that the BoD may have held out for a higher price.

It is worth remembering the calls from disgruntled Man Utd fans about Sir Alex and he was 1 game away from the sack. They stuck with him and that decision turned out to be the best decision Man Utd ever made. (I am not a fan)

My opinion for what it is worth, is to stick with the progress and to not rock the boat unnecessarily. They are not dishonest IMO, they are not going to do the dirty on us IMO and all will become clear in the course of events. I appreciate that you are buying along with many others, but these cheap shares are designed to assist the MM's keep the market "orderly" once news eventually arrives. Just my own thoughts however and I appreciate others have different views.

Good to hear all went well Warty - with regard to bungee jumping you could switch to zip wires!!

Aber, Potnak. Lets not talk up a problem and get blinded by outrage. Of course there is a plan and we know that 1801 is central to it and, possibly, 737. To achieve what they have to achieve will take money and time. The BoD cannot guarantee that a major will take a license on 1801 despite many on here demanding "clarity".

Of course it is a good deal for shareholders as there was the possibility of purchasing shares at the same price as the placing. A couple of million shares either way will not make a blind bit of difference to major success and/or failure. There are many companies trading successfully with billions of shares in circulation. Put the additional shares into the context of future market cap if Sareum were to become successful. If we were to be worth £1bn in time what would be the difference in sp that the extra 1 or 2 million would make?

I am not having a pop at anyone, just trying to keep perceived problems in a level headed context.

Continuing to add and you have to observe that going bust would be the only way most of us here can lose money. I don't believe Sareum will and I think the upcoming news will move the sp. I am not calling the bottom but if you believe in the science and further progress then everyone has the opportunity to make money from this level if minded to do so.

In respect of the BoD, I think they were shafted by PH and RF and it hasn't been their finest hour. That being said, they have worked hard to get us this far and moved very quickly to move the trial to Oz when UK was in a real mess. Even setting up a new subsidiary in Oz.

Having been shafted by PH and RF they have acted very quickly to clean things up and to get alternative funding in place. Could they have done things better? Of course they could have but I don't think that they have been as bad as some are painting here. Hindsight management is easy as is armchair management but we have no idea how many times the BoD may have been misled or let down. We are still in the game and have plenty of shareholder support. The message to the BoD is very clear.

Sorry to hear of your troubles Warty - wishing you well and a speedy recovery.

What do you think about the blatant manipulation and de-ramping? I don't think that investors can be blamed for trying to protect their investments against this. Yet you seem to. What is your view on Sareum progress and market cap. Genuinely interested in your view

Good morning Xviolet - Nobody can say anything with any degree of certainty - this is AIM after all. Shareprices across the board are manipulated in both directions and is heavily reliant upon sentiment. The RNS a few weeks ago generated more negative speculation and negative sentiment here.

I don't think that it is black and white, nor is there ever going to be the certainty you allude to. I remain optimistic with regards to Sareums future and I only have the science and market cap to support my optimism. Others think differently and think that we are overvalued at £7m.

The investors that are down, made their own decisions and made them at the wrong time. I actually agreed with Puma that it is all about the timing whichever way you bet on the sp going. Those investors need to decide whether they wish to jump in and average down quite considerably at these levels. Those of us that are adding would stand to make a significant sum of money from here if everything comes good. So the Risk v Reward ratio comes into play and investors must decide for themselves whether this is worth a punt or not. Myself and others here think that £7m will be dwarfed once Sareum can release positive news. The art of making money is buying low and selling high and not the other way around after good news is released. If negative posters feel that they can squeeze 5p more out of the sp then fine. They go to a lot of trouble for just a few quid. Personally I don't give a stuff about 5p here or there, I just look at the market cap versus the Business progress. It could all go wrong and Sareum goes bust, but if it doesn't then it will have to bounce back quite significantly. It's all a risk as all AIM stocks are and people should take ownership of their own decisions or decide that investing is not for them.

Thank you Surfie - I certainly do not give up as those that know me will attest to. Merely a positive opinion to counter all of the negative narrative here. We think differently and my glass remains half full. You should try it. Life is much better from a positive perspective. What I won’t do is say “I told you so” and mock posters intellect or intelligence. Pity a few of your shorting group don’t show any class whatsoever and can’t help themselves. What’s with the constant change of identity as well? Really weird.

I do think that these individuals are part of the problem and I am convinced there is collusion and corruption afoot. Operation Cleopatra started this with Puma and Co: trading off insider knowledge. I haven’t forgotten and I am also looking into Genedrive situation. RF and PH complicit? Who knows. Big coincidence though and one worthy of further investigation don’t you think?

*but good luck

Still all to play for here - shorters getting tetchy and throwing personal insults around shows that today hasn’t gone the way they hoped.

As I posted a while back - if you were bankrupt the value of the house you live in doesn’t drop. It retains its value. The only thing that money buys you in business is time. So Sareum must use this to best advantage in order to preserve asset value at the negotiation table going forwards. Another placing is not nailed on as funding could come from 737 or a license deal or even from left field.

Worth remembering that many Billionaires have been bankrupt before they came good. Just do your own thing buy good luck with whatever you choose. Back to a strong buy from here

Agreed guys - I also note the date of admission of shares being 05/04. New ISA allowance kicks in 06/04. Coincidence? I think not.

Placing being handled by Hybridian and not PH.

We also have a short runway of cash to make the most of while we can and the BoD playing their part. Most of what was being demanded has been heard and acted upon. Specifically stated there would be no more business with RF other than the warrants if exercised.

It’s been like turning a giant tanker around - very slow and cumbersome but we now have a new course. So about 91m shares after all has settled. Not a huge amount in the grand scheme of things. The profit taking will provide a drag on the sp but with ISA allowances just around the corner I would anticipate the sp gradually increasing.