Member Info for Dubliner

Mmm that 42.5M will trade is defo not me!
As for speaking to Patrick, I did that prior to the webinar if I recall now and was told nothing that is not already out there although of course I did flag my concerns about the Perlite processing misshap.
I already declared I have reduced here to de-risk my investments.
GLA

Hi Bumbling. Actually I believe Min does have the number of shares he said.
Min was buying shares very regularly over multiple years and posting at the times he bought.
I hit a peak of around 67 million (half in wife’s account) back a couple of years ago but had to dramatically reduce due to things going wrong on another share (HUR for the record). I would still be delighted if things come good even at reduced holding.
We must get news some time soon eh!

Min, that is a confident holding indeed - good luck to you as if things go the right way those shares will be worth a lot of money!

Min the penny has finally dropped. Your Nevada mates were commenting that the Aboriginal folk only let people on their land if they have a permit and providing they get to do the drilling job.
I apologise for querying.

Min, ok so it seems you don’t have extra knowledge regarding the drill other than what was in the RNS.
Your post seems even more strange than I first thought but hey ho.

Hi Min, I am a tad confused on your last post.
The first sentence did not make sense for starters.
Confused by the second sentence too as your friends are in Nevada but the Bakers drilling was in Australia - perhaps you can clarify please?

I guess after the palaver at Clayton regarding ‘poor core recovery’ statement (and associated misinterpretation around that) Patrick decided to just provide the bare information here.
Personally I am very happy that this drilling completed quickly and we should know outcome by end of June. Who knows it might just be we hit something worthwhile/valuable.

Patrick is obviously not willing to add CS info to this RNS so make of that what you will.
GLA

I’ve invested in Jennifer Lopez and Kim Kardashian.
I think they both have significant backsides...!
On a more serious note good to see the rise yesterday.
Slain.

Perhaps news is finally on the way as I can even dummy sell several million this afternoon and they want heading up towards .2p on a dummy buy.
Let's see if we an update tomorrow. GLA

This reads to me like Adam was perhaps not happy with progress being made by Genostics.
I am seeing the news as a positive, particularly the prospect of a US listing.
I wonder if Adam sees the dual test that BDSX as the optimum way to go.
Be interested on Trek and others thoughts on this.

Justone / and others who might not know. Some trades are placed on the Aquis Stock Exchange (formerly known as NEX).
I see your trade up there exactly as you said; 3.58M shares.
Assuming not blocked here is the link;
https://www.aquis.eu/aquis-stock-exchange/for-investors/trades?securityidaqse=SRES.GB

Hi Sheldrake, my understanding is that to build the CS mine, and based on using portable processing kit, would cost several millions of dollars. We have always had a question mark on where that funding will come from but JV/Capital loans/outright sale are all possibilities.

Regarding the £1M raise last August, that RNS had this;
Use of Proceeds
The net funds raised will be applied primarily to the further development of the Company's CS Pozzolan-Perlite Project in Nevada, USA, initial drill testing of certain of the Company's gold and silver projects, and general working capital.

It would appear Patrick is spending the money as he suggested he would.
I do though fully get all the frustration from the other posters this morning and of late - I think Patrick could have updated us on CS progress in this mornings RNS be that good, bad or indifferent.
All the best...

Twiggy, for Pozz yes providing the Customer has grinding facilities. Some don't hence long term option of investing in a grinding plant.

mrmoagi, my 7 months estimate is from an offtake RNS - go back to TLOU and row with your buddies over there that's a good boy.

mrmoagi, a quick look at your posting history shows that you continually fall out with other posters.
You are one of those folks who could start a row in an empty room!

As for me needing to ‘wise up’ regarding likely timescales to production.
I note that on 4th April you posted on SRES that ‘the Webinar was excellent’
You might want to listen again from around 33 minutes in when Patrick explains why the possibly "start of Production" in Spring of this year has slipped.

As background here is some info from the 27th Oct 2020 RNS;

CS Pozzolan-Perlite Project, Nevada USA
*Commercial-scale plant assembled for trial processing.
*100-ton bulk sample of perlite to be processed at the end of this week.
*Approx. 20-30tons of coarse horticultural grade raw perlite to be split between five different customers across the USA for expansion testing.
*Raw perlite fines to be prepared for larger scale pozzolan grinding test and concrete pour.
*Aiming for first commercial production in Spring 2021.

You will see from this RNS, and referenced in the Webinar, that Patrick was reckoning we might be in production in 7th months (that is worst case assuming late Spring) roughly from end October.

Of course we know the trials are delayed but the principle still applies in terms of a timeline to Production and that can still apply when we do finally achieve offtake/s.

If the ongoing Pozzolan trial work is a success and the CRMC wants to JV with us then we could be in Business in around 7 months particularly as Patrick said the CRMC are interested in a JV so funding would presumably be part of that.

Your more than 2 years estimate is a piece of crap - you need to wise up son.

mrmoagi, a somewhat downbeat post there imho. Are you invested here?

Obviously the timescales for completion of testing are unknown/elastic. However I believe if we can secure those offtake deals we can get required funding, build the mine site and start supplying in a matter of months. Remember for Pozz our initial aim is to supply run of mine ore (product), just dig and load into trucks. I don’t see it being 2 years minimum!

Sam, thanks for replying and only just read your post as been doing jobs around the garden.
Like you I reduced here but have been adding back a little of late.
I hope you have success elsewhere, in my opinion a sensible idea spreading your risk.
All the best to ya.

It seems likely that Samspade might very well have sold/reduced here given Rodster's recent post about someone he knows reducing by the number of shares mentioned. I see Sam is having a jolly old time on RMM (Rambler) and good luck to him over there so guess he thought that was a superior investment opportunity.
Sam if you are looking in be interested on your thoughts on little ole SRES and if you still hold some.
I listed to the Webinar again yesterday and have some thoughts on that which I will share at some point such as they are worth.
Have a jolly day y'all.

Strong smell eh - sounds bad!!!!!!

Mmm, think some of that sixty grand was spent enjoying yourself in Cambridge Jonny. If things get too bad your Dad will write you a cheque; he is renowned for his generosity!!
Safe trip back to CB...
And for other SRES holders, let's hope we get some news next week.

https://www.biodesix.com/resources/videos

Worth watching the video at top of above link; presented by Susan Garwood.
As Paul Hill noted in a Vox stocks update yesterday our US partner Biodesix (BDSX) has renamed our product as Nodify CDT and this is (as Adam Hill noted on recent Vox interview) the first test run by BDSX to identify at risk patients. The same product here is EarlyCDT Lung.

Adam Hill noted that BDSX are increasing their sales force to 80 or 90 people each of whom are expected to be able to sell 1K to 1.5K tests per year. If anyone has any clue how much ONC might receive per test would be pleased to hear it.