Member Info for SGD27

According to the Final Results (11 Dec RNS)

"We are currently undertaking further mine engineering and financial studies to better define the start-up costs and based on feedback from the potential customers we should be in a position to provide financial projections in due course."

but I suspect the project may be sold before we get to see any of that.

Hi Mcilroy987. You could look at this broker note :

https://www.sunriseresourcesplc.com/filemanager/Research%20Notes/Sunrise%20Resources%20plc%20-%20SVS%20Securities%20-%20Research%20Note%2018%20January%202019.pdf

though it's quite out of date now, also has quite a few typos, inaccuracies etc. They applied quite a hefty discount factor for risks, many of which have obviously been overcome now.

You'll also find some relevant figures in the latest company presentation :

https://www.sunriseresourcesplc.com/filemanager/Presentations/2020/Sunrise%20Presentation%2018%20August%202020%20web%20v2.pdf

https://www.bbc.co.uk/iplayer/episode/m000r78l/bbc-news-at-one-13012021

24m in.

https://www.morningstar.co.uk/uk/news/208720/my-biggest-regret-not-investing-in-asos.aspx

"
Currently Jane’s largest holding is a pozzalon/perlite project in Nevada, known as Sunrise Resources (SRES). Pozzalon is a replacement for the fly ash byproduct from coal power plants which is used in concrete - hardly a new substance, it was used by the Romans.

“Obviously this is an ethical project so it assuages my guilt in investing in miners,” says Jane. “If there is a better ethical choice then I’m only too happy to invest, but at the end of the day my motivation is to make a profit.”
"

The shortened ACE2 has been known about for a while. We were discussing it here back in August.

https://www.nature.com/articles/s41577-020-00416-8

https://www.proactiveinvestors.co.uk/companies/news/937958/cannabis-stocks-surge-as-democrat-senate-wins-raise-hopes-of-us-decriminalisation-937958.html

Just noting this has now been updated for the Polar increased holding (RNS yesterday) :
https://www.synairgen.com/investors/major-shareholders/

Also here
https://www.synairgen.com/programmes/ifn-%ce%b2-in-copd/
with the explanation of why COPD is probably a better target.

https://www.lse.co.uk/rns/SNG/azd9412-update-g9dopilfsvnfg8i.html

Interesting study on a previous coronavirus :

https://www.biorxiv.org/content/10.1101/2020.12.17.423313v1

"If these results extrapolate to other coronaviruses, then it may be advisable to periodically update SARS-CoV-2 vaccines."

There's a couple of new photos here :

https://twitter.com/sunriseplc

Happy Birthday Sarah :-)

https://total-market-solutions.com/2020/11/sunrise-resources_november-2020/
(at 08:15)

A pity the present from Patrick seems to have been delayed :-(

Thanks to pastybap on advfn for spotting this :

https://www.investorschronicle.co.uk/alpha/2020/12/11/exploit-this-biotech-investor-s-huge-margin-of-safety/

Today's RNS has obviously gone down well: SP is 195/200 as I type. Perhaps investors are wondering if Atox is the next in line for acquisition or JV?!

https://www.investegate.co.uk/synairgen-plc--sng-/rns/holding-s--in-company/202012101257382555I/

But the last one was 30 October, so why would there be another 'imminently'?

@willy1946 : See slide 20
https://www.sunriseresourcesplc.com/filemanager/Presentations/2020/Sunrise%20Presentation%2018%20August%202020%20web%20v2.pdf

It is confusing though. That glossary says this :

"Said of a mineral deposit (esp. of sulfides) characterized by a great concentration of ore in one place, as opposed to a disseminated or vein deposit."

But the RNS (16 Nov) says this :

"Massive quartz vein and quartz breccia intersected in target zone between 83.52m and 91.44m downhole (true thickness unknown) containing fine grained disseminated sulphides including mineral logged as the silver sulphide mineral acanthite."

so I think the RNS "massive" must be one the other two meanings, i.e. homogeneous/isotropic.

Actually this is the better reference :
https://www.mindat.org/glossary/massive

Dubliner is correct of course :
https://www.mindat.org/glossary/massive_rock