Member Info for Matml74

" let the shorts bonfire commence at exactly 2pm!"

Hopefully we are finally rid of the nonsense they brig to this board.

I am sure this is the case as well Doc. But most likely a large proportion of those were chasing a quick buck and had done zero research.

Was obvious someone was up to it. Another 3m shares locked away.

As per exploration report last night.

"128,559m of drilling from 134 drill holes since Newcrest commenced exploration activity in May 2019."

Won't be every 6 weeks @Herbyone. Probably 2 upgrades before the PFS.

@Urban, Yes that is my feeling as well. I was being conservative.

Steve, The market actually sees a fast pathway to production with Havieron. It doesn't with Solgold. When it does I am sure a rerate will occur.

Steve, A few reasons that I believe are the difference.

- The MRE is about a 3rd of the resource. Resource still open in all directions.
- Greenland will be mining in 2 years, maybe sooner.
- Greatland is financed to PFS to no dilution.
- Greatland can sell 5% at FMV to help with mining costs.

Solgold is many years away from production with no real idea on how to finance to mining yet. I have an investment in Solgold as well but see it as very long term unless takeover happens sooner.

Investowin, I went through those delayed trades last night and they were in favour of buys. And the delayed trade volume was small compared to what we had in October after placement.

@volatility ......not much.

https://www.healio.com/news/infectious-disease/20201008/final-trial-results-continue-to-show-benefit-from-remdesivir-for-covid19

@millie, I think initially back in March it was as much about maintaining control the phase 2 trial/data set internally for Synairgen even thought lack of stock was bought up. However since the phase 2 readout and the obvious need for extra patients to be trialled with the drug as requested by FDA/MHRA etc it sounds as though they wanted to be included on the recovery trial. Otherwise I see no need for TW to take a swipe on twitter.

OR Gervise Heddle commented "Thats the best thing since sliced bread" when describing the latest set of drilling results from Havieron reported by Newcrest Mining.

Ok thing the shiraz is kicking in.

I should say the NHS is using Remdesivir at $3000 a pop.

Currently the uk government is using Remdesivir at $3000 a pop.

Something along the lines of ' You little ripper she's bloody huge"

Translation - "Thats fantastic we have a really large deposit"

Richard Marsden said in his presentation last month the price would be similar to Remdesivir. People then just assume $3000.

Well maybe they should just tell everyone to take and aspirin and hope for the best then. No skin off anyones nose. What about the huge amounts of funding being spent doing this research. The funding being spent on running the recovery program should be spent on drugs that actually have a chance of saving someones life!

Millie,

The recovery trial started in March. SNG001 was initially on the trial but was pulled. It has been speculated (or was in a doc can't remember exactly) due to low supply of the drug.

Plenty of detail here - https://www.recoverytrial.net

They had good results with dexamethasone.

What I find galling is that they are trialling aspirin FFS over SNG001. This is an absolute disgrace.

Also still on the convalescent plasma train which has been shown to be ineffective - https://www.nejm.org/doi/full/10.1056/NEJMoa2031304

Our own Tom Wilkinson expressed his dismay at SNG001 non inclusion recently on twitter

https://twitter.com/ProfWilko/status/1329195424255795200

The recovery trail would fill the UK portion of the phase 3 trial very quickly OR if the pivotal stage of the phase 2 is actually still running would complete the extra patients required on that.

David, My thoughts exactly. Really excited by the upcoming trial and potential for 2021.

@Trybuylow, I have no doubt someone is building a position. It is very clear from the uptick in volume the past few days and the big trades that went through today. Something is up!

Regarding Venrock - It seems that way. Can't see why they would buy in a fair chunk of the business after phase 2 and then within 8 weeks sell at a loss for no apparent reason.