Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Makes me wonder. The market and investors don’t seem to like the Risk/reward of phase 3 results…End of the day the future of the company rests on these results and it’s already valued at £350-£400m pre readout. I personally believe the drug works and will show positive results from the trial but I think many are unsure and us holders are still unaware. I can see why without news the SP isn’t going higher…as market cap already what it is, all looks promising with website, job roles and phase 2 results but a phase 3 trial looks through a lot more detail. Hopefully SNG001 stands up to the trial in all areas. I think it will generally otherwise I wouldn’t have my money in. I’ve said to myself since last year I want money in for phase 3 results and I’m sticking to my word… I’m in, I know it’s a bit of a gamble but if it pays off and this drug eventually is made available then I think we will be into the billions on market cap
I am just sat here dreaming one of my other investments gets positive news soon so I can top up more shares before the inevitable SP rise once production is at full flow.
Key findings:
The odds of developing severe disease (e.g. requiring ventilation or resulting in death) during the treatment period (day 1 to day 16) were significantly reduced by 79% for patients receiving SNG001 compared to patients who received placebo (OR 0.21 [95% CI 0.04-0.97]; p=0.046).
Patients who received SNG001 were more than twice as likely to recover (defined as 'no limitation of activities' or 'no clinical or virological evidence of infection') over the course of the treatment period compared to those receiving placebo (HR 2.19 [95% CI 1.03-4.69]; p=0.043).
Over the treatment period, the measure of breathlessness was markedly reduced in patients who received SNG001 compared to those receiving placebo (p=0.007).
Three subjects (6%) died after being randomised to placebo. There were no deaths among subjects treated with SNG001.
In the patients with more severe disease at time of admission (i.e. requiring treatment with supplemental oxygen), SNG001 treatment increased the likelihood of hospital discharge during the study, although the difference was not statistically significant (HR 1.72 [95% CI 0.91-3.25]; p=0.096). Median time to discharge was 6 days for patients treated with SNG001 and 9 days for those receiving placebo. Furthermore, patients receiving SNG001 appeared to be more than twice as likely to have recovered by the end of the treatment period (HR 2.60 [95% CI 0.95-7.07]; p=0.062), although this strong trend did not reach statistical significance. However by day 28, patients receiving SNG001 treatment had statistically significantly better odds of recovery (OR 3.86 [95% CI 1.27-11.75]; p=0.017).
Interestingly, the efficacy analyses indicate there is no evidence of an association between the SNG001 positive treatment effects and prior duration of COVID-19 symptoms.
Ravenspads just to make you aware the companies you mention are all mainly diagnostic companies. None were involved in drug trials, very different. SNG are involved in developing a treatment. We are awaiting results of a phase 3 trial for SNG001 in hospitalised patients at the moment
I hope positive results are imminent but as you say French cafe it could be anytime from tomorrow until April sometime. The fact the SP has stayed around £2 - £400m market cap and news could drop anytime says to me positive news isn’t factored in to current price…polygon are loading up at these prices to make huge profit. The current Sp is representing potential of us eventually being a multi billion pound company on positive news and the value of Synairgen going forward will be decided on P3 results. If the results are comparable to P2 , then we have ourselves a Unicorn. Approvals and orders will then flow in surely? SNG001 has groundbreaking potential not only for Covid recovery but for other respiratory illnesses. Having this treatment available worldwide could have a major affect on the pandemic and other respiratory disease if approved and made wildly available alongside the vaccines for the vulnerable. Help get the world’s economy back to normal.
I’m here as potentially SNG001 could be worth billions IF results prove to be what we all hope.. Fingers crossed and good luck all. Let’s hope we get great news and it’s soon.
What do we all think in reality?…there is a chance early 2022 means…….Anytime from Jan 1st to the end of April..that can be classed as early in the year. That would amount to the first 4 months. One third early , one third middle , one third late kind of distribution.
First drill results for Red setter looks like End of Feb - start of March imo
GGP RNS - 25th June 2018.
Greatland Announces Exceptional Results from First Drill Hole at Havieron
Selected HAD001 results: 121m at 2.93g/t gold and 0.23% copper from 497m,
including 11.5m at 21.23g/t gold and 0.67% copper from 568.5m,
including bonanza grade intervals 0.5m at 137.69g/t gold and 1.8% copper from 573m,
and 0.5m at 100.15g/t gold and 4.1% copper from 575.5m
Market cap went to over £60m on the day if I have my calculations correct….currently at £600m m/c as high as £1.2b market cap.
They are next door….We have a 30,000m drill campaign underway……
What do you want? A running commentary while drilling haha. Will be worth the wait if Red Setter drill results are on a par with Havieron. Soon find out
JWD222……. We don’t know if new variants will be milder for certain and with the amount of people unwilling to take any vaccinations or many now unwilling to take a booster or anymore in the future as they believe we now have to live with Covid like common flu, then I think it’s safe to say that a bigger portion of the population in each country especially the elder and vulnerable category will be reliant on their health services having a reliable drug that can help them reduce symptoms of Covid at differing stages as SNG001 is likely capable of. Holistically approach is required in keeping Covid at bay going forward. Proven Treatments I believe are needed.
The vaccine programme for the incoming omricron virus was rushed out to reduce severe symptoms. If many refuse to have a booster if we get more and more waves in the future then I’m sure treatments will be required more and more to reduce severe symptoms.
Don’t forget this drug putting Covid to the side may have a significant impact in the multi billion pound market for Copd/asthma treatment also.
Good luck though and DYOR all my opinion only.
Anytime early 2022 is possible but I think March would be later than the majority expect so anytime up to the end of Feb I believe with it being a bigger trial. Lots more data to take in from across the globe(should have more data analysts, resources though?).
Friday 28th -5pm or Monday 31st Jan 7am is in my head and possible. A positive 70% plus overall readout would be an absolute stonking RNS in line with manic Mondays phase 2. Plus in the same RNS hints at regulatory approval, EUA-FDA being passed through as results and safety are so positive , commercialisation of SNG001 ramped up with immediate affect as governments and hospitals all over the globe(including the Uk- we can live in hope) demands stockpiles of the treatment for present and future variants of Covid and treatment for COPD and other viral lung infections.
Would be ironic if phase 3 results landed on my birthday ‘Groundhog day’ Wednesday 2nd Feb.
I can hear The BBC/ITV/SKY/CNN/FOX newsreader now in my head hailing a new Covid wonder drug that gives hospitalised patients between a 70% and 90% better chance of survival when taken at a certain stage.
Is it possible that the global financial markets in general would be moved by the news of a new Covid wonder drug similar to the Pfizer vaccine announcement.
What could this reaction do to the Synairgen share price?
Monkey what a silly monkey you obviously are! Silly silly comment at 13.15, you belong in the zoo
The market is currently missing this little beauty of an explorer at £5m market cap it’s only going one way in my opinion with cheap exploration on all of these targets…. Wudinna is going to have that many holes drilled and multiple open pits it’s going to resemble a block of cheese
A very rewarding rich block of cheese…. Take your slice now and watch it mature!!