STI 0.00% 0.2¢ stirling products limited

Lets hope this news can transform into a good rise in share...

  1. 74 Posts.
    Lets hope this news can transform into a good rise in share price.

    "Stirling Products (ASX:STI) advises that it has recently received information from its current
    Distribution partner in South Africa (Afgri Operations Pty Limited) that the MCC has approved
    the application for R-salbutamol to be included under Section 36 of the Stock Remedy Act. The
    approval means that Afgri, on behalf of Stirling Products, can now conduct the necessary trials
    for registration and commercialisation under this Act rather than the more stringent MCC
    process."

    I like the fact that they have the "easier" or quicker way to commercialisation


    "The approval stipulated only two areas where data was specifically required to support
    the application; residue levels and dust control.
    “While we acknowledge that we will need to do trials in South Africa for residue levels, we are
    confident that this will not be an issue,” indicated Dr London.
    Previous studies have demonstrated that the effective residue levels in meat from animals that
    have been fed with R-salbutamol in the finishing stage, have a very large safety margin. Many
    kilograms of meat, regardless of whether it is chicken, beef or pork, needs to be consumed each
    day before getting close to the low residue levels that even humans with asthma are exposed to
    every day."

    Looks pretty good :-)
 
watchlist Created with Sketch. Add STI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.