Member Info for rhodi

Many that expect quick news would be correct wanting it this quick if a) we were a distressed seller and b) if we had only one interested party. However we have multiple interested parties and we will be getting the best possible deal. That takes time ladies and gentleman and if we had any bad news we would not be opening up our books for all our competitors to see. No problems and I still see a buyout above 30p. Come on guys be reasonable they are not negotiating a contract for 10km of new road. Lets all get this into perspective. Patience will be rewarded and the longer it goes up to end of September then the better the deal imo. Patience please gentleman.... off topic but thank goodness Bercow is going imo. Patience Patience.....be good fellows and restrain yourselves.

yes as per previous posts I concur that the news should be due by mid sept (my preference)however believe it will be more likely end of sept. However thanks for the link as it reminds me of the last sentence in the rns. Hugely positive that the shareholders will be getting more than the initial offer by some margin and they will be roasted if they do not accept an offer. I believe the bod realise that they have the most opportune time to sell. They will want to go out heads held high also and probably can do without shareholder flack which will no doubt come their way from ii's and pi's should they not get a suitable deal.

Different firms have been showing an interest in amer probably for sometime as it has unique infrastructure and some very good acreage. I expect that we will get a good deal as expect our cash alone is worth 6p on the t/o price. No debt either. Yes evry day gets a little closer to announcement which I expect to be very good as these guys are proven deal makers. Would I want to be out over the weekend . NO. Would I want to be out in the week ? NO. I seriously believe many who believe a low to mid twenty pence offer will be very pleasantly surprised. All imo. :-))

Rns Stating offer being recommended by board and will be 40p give or take 5p either way. I believe the assets will go to two separate bidders.

not scientific indeed but sufficient probability in current status. Yes they have imo more than likely sufficient offers that mean that the business is indeed being sold and that all their attention and focus is where it should be rightly placed and that is in completing the deal asap securing the best possible deal to reward them selves and long term shareholders that have stood by them. I have said it since day one and believe a share offer circa 40p to blow all others away. But could be less feel 32 is the minimum and well could be higher also. I shall wait patiently but feel not much longer to get a very healthy premium to todays current share price and amazed that more investors are not committing at this stage. GLA Thanks to all diligent researchers that shared info re interims and NH not attending the oil conference as speaker. All relevant I feel to very good news before mid September or end of sept latest .Definitely would not wish to be out as news could literally drop any day, especially if they believe any leak may occur prior to preferred news release date.

down to $4.14. Well imo will breach below the $4.00 mark some time in the remaining part of 2019. Read somewhere that the re-numeration package for JAk was £850K for this last year is that seriously correct can any one shed any light as how can that ever be justified with the results and failing sp. Shocking no wonder no one invests in this company at this moment in time and no light at the end of the tunnel till results next year if I am correct? CP and MW must be splitting their sides looking at the lack of any substantive progress. Could we not bring them back as consultants. At least they were prudent with the funding. We have dobled the work force in the last year almost by my reckoning and the sp still declines. Not really unbelievable but at least they are consistent in lower the sp. CAn they eventually break the habit of the last ten years. Hard to see happening but we can live in hope. Would not hold your breath...no pun intended. Take your time guys as people with COPD have all the time in the world...…..NOT.

Nicely explained. Fingers crossed you recoup some vog losses like myself. From 5 years ago. Foo imo should have been investigated. Did they ever win the insurance claim or was that just another load of ****e. Anyway we have proven deal makers here that are good negotiating. This next two weeks should see a definite price movement. ONGC or OXY. Or a complete outsider?...……...

according to my reckoning should be 32p ish and sp currently lies at 18p. so that is currently a substantial discounted price of just over 40 %. So I am saying the offer will come in between the 32 and 39p. I feel news on the horizon. Shall not use "imminently" as when CEO's have used that in all my prior investments it has been a sure 2 year or more wait lol. Don't want to jinx it.

If they offer us a one for one share then it will value amer at a lot more than 400 million as in essence our sp would then be a pound. Or have I lost the plot. surely you mean I of there shares for 3 of Amerisure shares to get a 400million value, confused at your post welcome for an explanation.

if this is not over 18.5 p tomorrow as I believe news will be released between 7 -14 days time and I expect the price to build back over 20p by this time next week. You can choose when to invest but timing is everything and I do not believe that this is going to suddenly drop. I am going to say this will be 30p plus by 14th of September latest. those who hesitate are lost. GLA. These guys are exceptional deal makers and wait for the big announcement as will imo prove rossanan to be very wrong in her guesstimate.

Does the market get it wrong. Well Greene king price was dropping on the lead up to the take over. The market did not see that coming did they. Guessing the market have underestimated the uniqueness of the assets that we have and the potential for prolific resources on our blocks which are very sizeable. I will still say a 40p knockout bid but I am of the same opinion as pp and Stifel released their price for a reason.....timing is everything and Columbia is as the say the flavour of the year. GLA.

not showing up on the trades and processed before midday??. shanningans

well it occurred to me that we could get an after hours rns which would then give an extended period for it to be nicely digested by the press and then a big rise on Tusday at opening. However I feel I will have to settle for some amazing weather some beers and a barbeque which is not that bad. Still feel that it will be the very end of August before we get the formal offer price and recommendation. Remember will anyone come in with a final price at first ...no imo and therefore communication back and forth from the interested parties therefore extending the timeline possibly to mid September. or does the surprise bidder put in a knockout price on the table as a take it or leave it offer for a very limited time so that the board need to put it to the shareholders within a very short time span. Cannot believe that pi's are not gobbling these shares up. Oh well he who dares wins. Do your own research but if you took this to the bank I reckon they would give you the loan to purchase. Stacks up on so many fronts. I agree with those that feel this was built to sell eventually and the stars are aligned probably on a commercial and personal level at this moment in time.

"add" and that is what I will do procured some more shares today and doubled my holding. 17p average and I see minimum take out at 29p and max at 50p and miracle will be anything over 55 imo but they happen and it is worth what someone is prepared to pay it is a unique buying opportunity to get into a mkt place that is becoming extremely fashionable for reasons that previously made it unfashionable. It is prime time to sell the asset imo as JW realises that if it is not sold at a premium or best price now then a hostile bid will come in at 23p all cash and will be accepted by myself and the majority of pi's and all ii's. So they may as well carve it up and sell the lucrative assets of which there are several that everyone is very aware of for a premium. I for one am accumulating and enjoying the ride as others should. As has been pointed out by knowledgeable posters. Their may be reasons why the news flow seems slow and if we are negotiating for what in my mind will be a definite sale then I for one would be grateful that they are giving it their whole attention. To me this is a no brainer at these prices. A venture capitalist would happily pick this up for £300 million.(23p sp equivalent approx.) as they have £60 million approx. in bank so £240million in effect. Seriously do the maths and then see how much sense it makes to be buying at these prices. Like I say anything under 20p is like having a counterfeit machine and churning out money. Anyway I have spoken with JW before at previous AGM's and I am confident in the bod's ability to get a price so that they have happy shareholders and that they in turnrealise a good return especially on the shares that they purchased at 17p. It did not go unnoticed that the m and p offer came in at the same price as they recently bought their shares at. Also you would never put in your maximum bid at the start so that was an opening gambit and I would expect it to be 20-50% lower than what they intend to be their final offer. It may be up to 25p cash and then part share also from Mand P. So I expect some news as I have said before the end of this month but once the next news comes out sub 20p will no longer exsist and hopefully nor will sub 30p. GC and JW will no doubt take a well earned break and trust me their is nothing more sobering than losing a very close friend to focus the mind and prioritise what is important as your mortality is bought more sharply into focus. I expect following the sad passing of Dana they are indeed probably going to enjoy their wealth with friends and family as you realise that you never now what is around the corner so if you can you might as well enjoy what pleasures you most. GLA

year high 14.50 low of 3.65 and currently 4.21. Well I thought we had it bad here but they sure are trying to make amends and catch us up into the negative percentage declines we have all suffered. Feel for all the American investors... hopefully mainly ii's and not hard working pi's. they must have thought like us that with their due diligence in the last global fund raise that they were nailed on. Well spectacular fck up in investing so far. So with no news of any worth until 2020 earliest may I just wish you all a lovely bank holiday. Enjoy the sunshine, family, friends good times and barbeques on a hot August evening. Life is not too bad after all. cheers all especially all long term holders. We may be centurians when this is commercialised and probably outside the patent protection by then imo. Waiting for the next global fund raise probably on the shanghai. I wait for the next dilution which imo should render the shares incapable of recovering to what they were worth prior to loads of trials and tens and tens of millions of pounds spent over ten years with a lot of jollies and fat cat wages thrown in for good measure and the obligatory new consultant so as to appear that some progress will be made which has not been made in the last ten years. I hope that JAK is headhunted for another position as he has not delivered the "significant shareholder value". Then perhaps we may start to see some progression which has been seriously lacking. However I fail to see who would pay his wages if based on sp and results orientated. Missed an end point that they almost expected. Call about setting your self up for a fall and the sp 100p to 50p. good work and take a well earned rest this bank hol. All the above is my opinion but ten years of failure is pretty hard to ignore. I only hold as I went to Lourds recently and being an optimist I believe miracles happen...on the other hand this is probably even stretching that a bit far.

will not be below the 17p already offered and Michinoko want out so they will make sure it happens. otherwise the BOD Know they will have a disgruntled seller off loading and crippling the sp for another two year period as per last dissatisfied large investor. So the boards only option is to get the best price. I still believe like pickled peck that we will get a much better price than we currently stand at and they can sell just CPO5 for 250 million if the Indians want it so badly. That gets us the equivalent of our first offer more or less. Then all other sells are a bonus. Plus divi up cash in hand and that is another 4pIf you take the rest worth at least another 16p so theoretically aprox 37p. Wow not far off what stifel valued it at. and I concur. But the sooner the deals are done the better in my opinion. That is why I have always maintained that 40p bid would potentially come inform left side and take the very lucrative prize at a very reasonable price for all parties concerned. GLA

...if I am correct David Ebsworth has to pay a percentage of his salary into buying vrp shares each financial year. So it is an obligation as I was lead to understand but happy to be proved incorrect. I would say contact Verona Pharma but in my experience nobody at the office to answer any calls and questions. really have no appreciation for the shareholders and therefore no wonder potential new investors give this a wide berth. David seems the only genuine person that I had the pleasure to speak to at the AGM a while back and JAK imo the complete opposite and almost a disregard for private investors. Jak may be an intellectual, but then why so many other high bad scientists and business people employed under his stewardship. He has Theresa Mays personality and leadership qualities imo. This should have been commercialised nearly a year ago as should have Brexit been sorted...however having witnessed so many shortcomings we are we we currently are in a very poor position on both counts. I have my fingers crossed for both but feel Brexit will be more successful under Boris at least he has some backbone and enthusiasm for what the people in the UK can achieve. Perhaps this is what we need at Verona Pharma and that is a new leader at the helm that wants to get things done imo. To izstar and Digger and Buddyhell and all Good Luck. Used to say we did not require it but with another fund raise looking on the horizon then we need all the luck in the world and that may not be enough for enisfenterine to be commercialised.

Time lines as previously posted going forward. I believe the rns today was the BOD ensuring that all current holders get to share the profits and a pre warning that perhaps LTH's should not sell and hope to buy in lower. May also be that a deal comes sooner than many may envisage and may be signed and sealed within 4 to 6 weeks maybe as opposed to months. Expect a knock out bid to come in quick to knock out all other competitors. They may even put a time line acceptance stipulation on the offer for a decisive blow. Please can we refrain from where we may put any future profits or funds as it will clog up an otherwise reasonably informative board on the matter in hand that being Amerisur buyout. Goodluck all really expect this to get to 25p by stealth before the next announcement. Good luck. I am in profit today and hope as we rise many also see a profit as we have been loyal to amerisur for many years and more. Sell at your peril. Happy to accumulate up to 25p on this as funds allow as end game imo will see 29p minimum and 34 be most likely and a carve up or knock out bid in excess of 40p. Enjoy the ride all.

$4.21 currently," significantly" down in the last year from a high of over $14.00. Wow that is a shocker. unloved stateside and in the United kingdom and a failed foray into the German stock market. Laughable as at the AGM at the time they expected Nasdaq listing to give them greater exposure and a positive lift in sp. The Board continue to be dumbfounded by the share price which is staggering as they want to get on top of their PR. Need to stop awarding themselves ridiculous salaries and bonuses which are badly out of sync with sp performance and they need to try and get someone to answer the phone as opposed to an ansa machine. Basically the board need a big fat reality check which they have not had in the last 5 years so do not hold your breath. Even Jak does not buy at these prices and he is on enough salary to chuck some at this ludicrously low price. That in itself says a lot and hence why we shall never see "significant shareholder value" as imo has been mis-managed and the sp would bear this out by all accounts. All my opinion and certainly seems to be no rush to get enisfenterin commercialised but not surprised.

I am in full favour of a complete T/O any offer over 29p will be satisfactory and reaching 45p plus would be very happy. I can then wait for the bargains after the Brexit on 31st October..... although I am sure the EU will realise they also stand to loss much if they refuse to give us a fair deal. They will regret being so bloody minded when they have no 39 billion and all for the sake of being reasonable not even charitable. Anyway good luck all but I have a very good vibe of a very satisfactory outcome and that will vindicate the reputation of JW and GC. Very good deal makers in case anyone has forgotten.