Member Info for Lazarus2

That has to be good for us - looks as if all of the ducks are aligning nicely - a perfect storm is on the horizon.

Thanks for posting HBD - very encouraging

That would be a very unusual scenario HBD. The mms prefer an orderly market so if we are at, say, £2 and we were offered £15 it would probably result in mayhem for the mms. To further complicate matters, there can also be rival bids during the closed period.

Larger companies take much longer with due diligence for example and then, once agreed, it can take several months to ratify the deal. Newcrest/Newmont is a recent example of this.

Nothing set in tablets of stone but with a minnow like Sareum, due diligence and negotiations would be relatively straightforward and quick in comparative terms.

I think Sierra Oncology were suspended when considering GSK offer.

Hi SCHeck - there can be no formal update on talks due to NDAs and the danger of misleading investors and the market in general. If a formal offer is tabled then an announcement is made and the sp suspended pending an EGM during which shareholders will be invited to vote for or against. At this stage the BoD are permitted to express their opinion by recommending the deal or not.

Once the EGM and vote is complete the deal is either accepted or rejected and the share resumes on the market. Hope that is helpful

They did Doublehun - I remember. Glad you got something back!

@Loftmonkey, fair enough but it is never a good idea to talk down your own investment. Mothballing? Jeez!

Errr... 22 years is an awful long time for a tech stock especially with fast growing competition and mergers. Sorry you lost though. Most would have sold or sliced in better times.

Firstly, apologies for my earlier typo's - fat finger syndrome! The plight of the PI here is a great example of how we are treated by MM's, Brokers, Traders and shorters. PI's do not have the luxury of "borrowing" oodles of shares" to influence the sp, MMs/Brokers like the sp suppressed as it reduces their liabilities whereby they have to have sufficient liquid assets to cover their exposure. Traders are short term (fair enough) but the PI can only invest what he/she can afford. Talk about a loaded dice. It is little wonder that a lot of small investors lose interest and faith when they are then subjected to some pretty ugly and negative posts telling them their investment is useless.

These posts come from paid derampers or Hedge fund employees who are mere flunkies in the grand scheme of things. Sad really. The only way to beat this is to be prepared to hold for a very long time and to out wait the market. Shares do come good and we can make significant money from time to time. Buy low, sell high therefore buying when others are fearful can pay handsomely. But that is fraught with risk and the big boys with deep pockets know this. Evaluate what GGP has and ask yourself if anything has changed and is the market cap good value for what we have. I think it is tremendous value, but that is only my opinion which shouldnt be taken as fact.

Good luck whatever your decisions.

SXX was a completely different set of factors such as logistics etc: GG have Telfer close by making the investment case far more compelling. If we are making comparisons look at banking -

Safe as houses - not! Crashed once and teetering now. No company is safe from events that they cannot control is my point. GGap is not controlling the narrative nor the actions of Newcrest/Newmont. They can only work with what they have. In the meantime we keep the drillb bit turning and producing results and getting closer to mining. Oh! And you still cannot undiscover the gold or copper.

Any offer made for GGP has to be approved by shareholders and notification of over 3% has to be lodged or 5% in the case of an overseas investor. This is far from being a dead duck as others would have us believe

IOT - there is much at stake here and GGP require corporate muscle and access to serious finance. Surely you can all see that. Hence the shift. If GGP had not backing we would be toast.

I am happy with our lot - not the sp obviously but added more today. Buy when others are fearful should be the mantra - works wonders and is profitable

Only if you succumb to their tactics Matty. Your call though

Hold tight Mattyboy and don’t get sucked into the negative agenda here.

@ FredDobbs it is not a fact at all - stop trying to assert something you obviously know nothing about. The BoD are relatively new. A corporate strategy decision can take months to unwind as can behind the scenes negotiations. The sp moves by the minute whereas the corporate decision making can take weeks/months to become obvious.

Short sightedness is common amongst investors but deliberate misleading is just an attempt to create FUD. We won’t see you for dust once this turns or, if we do, you and your like will tell us how you bought back in at the bottom and how good the prospects are - Spiv!

I seldom post but I have a large holding here. I have never before witnessed such manipulative twaddle on a share as there is here.

If investors honestly think that GGP has assembled a world class BoD, has world class potential at Patterson and is about to transform itself from an explorer to a miner - all for no progress, then they are mistaken.

There is a much bigger corporate game of chess taking place and GGP is well positioned. There may well have to be a capital raise and consolidation but that is all part of the journey. A lot of hand wringing and angst here is false and designed to create FUD.

FFS get a grip - you cannot undiscover gold (or copper) the value of which is tangible and within reach.

Definitely Krone - whatever the outcomes we are most certainly in the shop window. It would be a great time to release commencement of dosage whilst they are there. I am beginning to ponder whether the timing is no coincidence.

I previously speculated that we could get news confirming the start of dosing for 1801 on 5th June. That same week also sees Sareum attend the Bio conference in Boston 5th-8th June. Looking at a long list of attendees, all of the big players are there and it provides a major networking/meeting opportunity. Hopefully, PR can also be ramped up in June as we make further solid progress

...During the coming week. 7 trading days to take us to 04/06. That is a Sunday but Sunday night is a Monday in Oz. So it is conceivable that first dose confirmation could come as early as 05/06 (UK). The concerns and fears are quite normal as everything is now far more tangible. This is the psychology of investing (Fear and Greed) and we will be toyed with by the MMs.

We are at a point whereby we either believe in the science or we don't. It will be validated - or not. We are approaching the business end of what we are about. No place for faint hearts.

I think the MHRA debacle and delays has a lot to answer for. It has adversely affected investor confidence here and I think investors are either very cautious or have abandoned Sareum for other shares which they see as having better short term prospects.

Buy when others are fearful is still the mantra. Not long to go before first doses so money still to be made IMO - DYOR

Hi Mattyboy. - I am heavily into Sareum and GGP. I wouldn’t be too worried about the future prospects on both as you have already identified the manipulation and shorts as opposed to Company failings. It’s a case of staying the course (subject to news and developments of course) but development wise both are in much stronger positions than they were 2-3 years ago. SP May not reflect that but hold tight- FWIW GGP is likely to transform from an explorer to a miner with a strategy slowly unfolding.

Sareum - riskier - but on the cusp of commercialising the science. Great time to be in both despite any manipulation. I try to use manipulation to my advantage and buy when others are fearful - paid off handsomely to date - best of luck

Yep - back to normal ok with a drop on no volumn. Red 500 “take it down signal” first thing! Do they signal?

Good points SCheck- we are lucky to have a voice. But nowadays the minority extremists set the agenda through media outlets and the legal system. As for democracy - well a bunch of jabbering baboons shout at each other and look to destroy each others reputations - and we the taxpayer pay for this shambolic behaviour. How many of them defy the whip? Not many, so I often think that we are still in a type of autocracy dressed up as democracy.

Agree 100% Warty - and don’t even get me started on wokism and social media “trending”.

I am afraid MP’s are more interested in their personal profiles and posturing rather than doing something useful. Short-termism and lack of life experience seems to be a pre-requisite for selection. They are all absolutely schitt scared of the media. No leadership no bolleaux! (French plural!!)

It is all a risk Potnak. Funnily enough, traders and LT Investors are aligned at this moment in time due to the impending news flow and risk. Same risk/reward ratio in the short term. The absence of sellers says it all to me.