Sarissa Resources Inc (SRSR)

[Tom Orrow]

Based on comparison to the history of the Alkane Resources DZP development there may be another way to look at it. I got the feeling that the NSW demonstration plant was set up in PARTNERSHIP with ANTSO more than with ANTSO acting as a vendor. That is, ANTSO had an interest in developing customized processes for Alkane because then they were the obvious choice to implement them at a share of the profits from the project. Maybe they retain rights to the processes and could make profit by licensing if they didn't end up doing it.

In any case, it could be that it is more important for Sarissa Resources at this stage to have a PARTNER in the demonstration plant development than it is for them to command financing to do it themselves. IMO, the news of the unnamed lab in Houston makes it more likely that this sort of partnership exists. In this way Sarissa develops the required processes without running out of money, and then pays it off by supplying work inside the established team.