George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
300% on profit is an underestimate. Original spod $680 per ton less $466 AISC to mine gave a profit of $214 per ton. New price of $2300 per ton less $466 is profit of $1834 per ton. That is over 8 times the original estimated profit.
50mins 40secs
Also from 50mins.
It boils down to profit and p/e ratio. Ferrexpo made $586m profit last year. They have a relatively low pe of 6. DSO can be processed with low capex, especially if equipment is leased. Just work the figures with a low pe. It is multiples of where we are now.
944T not bad at all.
I am not sure, but is the current price for Iron Ore Spot Price (Any Origin)63.5% at about $180 tonne. Also, it would be better to try and estimate a realistic yearly amount to ship to the port. From this, an annual profit could be estimated and then P/E value used as a multiplier to give rough market capital value(this would be for the DSO only). With lease agreements on the equipment, there would be low start up costs. I guess the hard part is to get realistic figures, but based on 5m tonnes a year and $50 per tonne profit, would give $250,000,000 profit. With a very low P/E of 10, this would give a market cap of $2.5B or 50p a share. BHP has an average P/E of 24.
Noticed earlier on this year that Atlas(owned by Han****) have started trucking ore from Sanjiv Ridge, Western Australia, using 4 trucks from a contract partners, MGM Bulk, MACA and CSI.
https://www.atlasiron.com.au/atlas-iron-trucks-first-sanjiv-ridge-iron-ore/
I think that it is about half way between Newman and the port. They are looking to move 4-5M Tonnes per year. The mine has a mineral resource of 64 million tonnes at 57.32 per cent iron and 29 million tonnes at 57 per cent iron ore reserve.
https://www.youtube.com/watch?v=JL0soTv1yVE
Sorry if this was covered before.
This may have already been covered, but the COVID-19 therapeutics tracker updated SNG last week, adding reference to the HT results. Could still help towards an Active-2 phase 3 promotion.
https://www.raps.org/news-and-articles/news-articles/2020/3/covid-19-therapeutics-tracker
Kara W. Chew has recently given an update on treatments. She is involved with Activ-2.
Update on Treatment for Mild to Moderate COVID-19 - https://www.youtube.com/watch?v=JNQfcPeJknQ
There is some really interesting info. She does not talk much about interferon, but it is still an interesting listen.
She has questions at the end and mentions the theoretical concerns over antibody treatments causing variants!!
Not sure if this has been spoken about recently. So much chat on here, it takes hours to look back a few days.
Anyway, I see that Bamlanivimab or LY-CoV555 is no longer being developed for COVID-19. This was one of the few agents listed on Activ-2.
https://www.raps.org/news-and-articles/news-articles/2020/3/covid-19-therapeutics-tracker
Could this be to do with the old theory about ACE2.
'Naturally occurring antiviral proteins called interferons have shown promise in treating COVID-19. However, previous studies have shown that interferons increase levels of ACE2 - casting doubts over the potential for such treatments, with the possibility that increased ACE2 could see these drugs actually worsen COVID-19 impacts.
But this latest research shows that it is predominantly the short ACE2, which lacks the viral binding site, that is increased in response to interferons. Since levels of the longer form of ACE2 remain unchanged, interferons do not appear to boost entry points for the virus, supporting their use in treating COVID-19 patients.'
https://www.labnews.co.uk/article/2031072/interferon-induced-ace2-production-shown-to-be-safe-and-even-positive-against-covid-19
I realise that this has been discussed on the board before, but worth revisiting.
Good find gggg21.
Dr Chew does talk about the inhaled treatment, but not by name. Looks like they are pushing the ACTIV-2 to get early treatment at home asap. Lets hope we get some updates soon.
53 days for the Phase 2 Hospital results to be processed and released. Today is day 53 from close of Phase 2 Home Trial.
Although the trial was slightly larger and involves slightly different criteria, you would imagine that the trial protocol was well established and so would help to process the latest information. Could be an interesting week ahead!!
This was in the Daily Mail last month.
An anti-inflammatory drug used to treat arthritis, which has been hailed by Boris Johnson as a 'life-saving' Covid-19 treatment, may be ineffective — and could even increase the patient's risk of dying — according to a new study.
The latest research, published in the BMJ, found 11 of 65 people (17 per cent) treated with tocilizumab died within 15 days of taking the drug, compared to just two people (three per cent) who did not take it.
By 28 days, the death toll figures swelled to 14 and six, respectively. The findings come from a small study of 129 adults admitted to hospital with Covid-19 in Brazil.
The findings contradict the global REMAP-CAP study of 803 people with severe Covid in six countries which earlier this month found tocilizumab slashes the likelihood of death by 24 per cent in intensive care Covid patients.
At a press conference at Number 10 on January 7, the day the REMAP-CAP data was released, Boris Johnson announced the NHS granted approval for the drug to be used as a treatment in all Covid cases where patients are in intensive care.
British experts who are also investigating the effectiveness of tocilizumab say the new findings are not statistically significant, and the data is not robust enough to warrant any concern over its continued use by the NHS.
They add the study has a 'number of limitations' and the results may be 'susceptible to the play of chance'.
Home trial was filled 20th Jan 2022. The hospital part of this trial was filled 28th May 2020 with results 53 days later on 20th July. 53 days from 20th Jan is 14th March, 27 days away!!! You might hope that as the home trial is an addition to the previously interpreted data, then it may be quicker to process.
Maybe we can send them this.
https://www.lawdonut.co.uk/business/business-ownership-and-management/the-board-of-directors/build-your-company-s-board
jint
HOME TRIAL INFO
If the test shows that you are infected with coronavirus, you will be randomly put into one of two treatment groups: one group will be given SNG001 and the other group will be given a placebo (a ‘dummy treatment’, which looks like the trial medicine but does not contain Interferon-ß). If the test is negative a trial nurse will let you know, and you will not be able to enter the trial.
The trial medication will be administered as an aerosol via a handheld nebuliser. The trial nurse will train you on how to take the trial medication via video call. You will take a dose of trial medication once a day for 14 days.
A trial doctor or nurse will contact you once a day, via video call, to help you with taking the trial medication. They will also ask you questions about how you are feeling, and help you to measure your pulse, oxygen levels and temperature using simple equipment that will be provided to you.
The day after your final treatment dose, you will have another video call with a trial doctor or nurse and be asked questions about your response to treatment, including assessing any side effects. Two weeks after your final treatment dose, you will have your final video call with a trial doctor or nurse and be asked questions about how you are feeling.
I saw the comparison made earlier. Looks like they are doing well over on the TILS board. It does seem that maybe TILS and SNG are targeting different stages but if, as it appears, SNG001 is so effective at halting early to mid stage covid, then their will be little need for late stage treatment!!
Thanks for the confirmation.
Just thought I would mention that a few on here suggested that to keep the old regime in place that votes should be 1-6 FOR and 7-19 AGAINST. The board recommends the vote for 12-17 of FOR not AGAINST! With 7,8, 18 and 19 AGAINST. I know that Halifax is due to submit votes on 5th August, so any mistakes can still be changed with them. GLA