Member Info for Lazarus2

Not sure why you would think that Silverfoil. I am more than happy to hear any updates verbal or otherwise, accepting of course that they can’t say anything price sensitive unless in an RNS.

Pleased that Bailiff got his wish granted and what an opportunity for Gunner to put his concerns forward to the BoD.

All good here with results a bit earlier than last year. Information beginning to flow again.

You’re probably right SCHeck - I cannot recall us being in a stronger position. It is only potential though and that won’t last forever but we do have forward momentum and traction at last.

Taking a commercial "helicopter view" of Sareum's position strongly indicates that Sareum would be an ideal, leading edge R&D pipeline for any major pharma. I believe that we must be on the radar of a few. I'm not saying it is imminent and the success of the 1801 trial remains crucial. No adverse reported thus far.

But looking at all of this with a risk/reward thought process, it tells you that £56m market valuation is peanuts for what we have under development. If successful, it will be many times this current value and sp.

The next known news will be the Final results due in a few weeks, followed by a presentation at Bio-Europe 6-8 November in Munich. Hopefully followed by 1801 update.

Good time to buy at these levels if you can as we move towards Ph1b and possible 1802 update and the elusive 737 update.

Cheap as chips if all falls in place in a timely fashion. It can be frustrating when news is scarce but I firmly believe there is plenty going on behind the scenes that will improve Sareums value and sp. A lot resting on 1801 trial results so it is understandable as to why investors may be sat on the sidelines.

Just some thoughts for the weekend

It would be better if it was a sell as it might mean we are about to rise. MMs will want to sell their shares back to punters at a premium

Totally agree HBD and it is a difficult tightrope to walk. It won’t take much to swing the sp in either direction.

For my own sanity, I try not to manage or predict the share price but I do view the market cap as a good indicator as to whether we are overvalued, undervalued or fairly valued.

At the moment, given our progress operationally in the past 12 months, I think we are undervalued. The sp management is down to the market but operational progress (and therefore future value) is down to the BoD. Just my view

Morning Bailiff - you have premature congratulation!

Hmmm! We may only get a large sell to balance the buying today. It would be consistent with the recent pattern of trades.

Every RF sell being absorbed is good - we also move closer to October news- hang in there - it is coming good. Very good in fact

.........I wouldn't want to be in this over the weekend.

Absolutely top notch research guys - I am truly grateful. 737 future might become clear very soon.

Brilliant

Ducks! Ducks! Ducks!

Looks like Maj May have a bit of a twitch on

The next update we know of will be the year end report. I’m not sure if it will contain much by way of updates as a separate RNS would be required anyway.

Perversely, we have a good idea with regards the 1801 progress and the likely timeline. However, Covid and respiratory diseases could also come to the fore

737 is out of our hands and I am expecting a bland “we continue to engage….”

1802 is the real interesting one and an update on this would be well received by investors and the market in general.

Lots to look forward to

Sticks and Stones Maj and all that. Water off a ducks back. Time is eating away at your short position if you haven't closed it. You may well be celebrating your 25% when the time comes. I am anticipating celebrating a much bigger win (No forecast, no sp prediction FYI)

Everyone here understands your position and what you are stating and why. Try to drop the arrogance...oh! and the vitriol.

*not

Flawed or nor Sad, the point is that any profit they claim to have made is only paper profit and isn’t realised until they buy back lower. Being “massive” I am sure we will all recognise it when it comes. Although there was confusion a few weeks ago as to whether any profit had already been taken off the table.

We won’t sweat this one as we have a win-win situation with flexible finance in place and trials proceeding at a decent pace.

Can’t wait for the shorters to close their positions. Massive was the term used. So expect massive buys when they close their positions. All good here to date and nothing to fear except fear itself

Thanks Maj - tremendous input. No sweat here - sorry

Morning HBD — no they tend to be speculative with various assumptions factored in.

It just seems to be the right time to reiterate that we are undervalued.

With regards to our large purchaser buying direct from RF I don’t think that can happen given that RF have the terms of the deal to abide by as has Sareum. There needs to be a transparent audit trail in place for when any calcs are due. Just my thoughts though