Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
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If total Fruitflow sales equated to say £3m or whatever figure you guess, then initial BH orders will add ‘multiple’ of that. The total prospective sales pipeline stands at significant multiples of it. It’s gonna do wonders for the market cap. But for now, in the words of Bon Scott, it ain’t no fun waiting around to be a millionaire.
18 x earnings ! With pxs possibly already earning the low millions£ , makes you think about the comment “substantial multiples of present revenue “ when By health launch . Of course lots could go wrong and the lack of news is a little concerning to me .
I would rather an offer after BH launch, BH customers launch, DSM launches products, DSM customers launch products, multiple products are available in India and Bangladesh and it is available on the shelf when I go to Tesco.
"What is the full potential of FF ?"
If only we knew. But..... we should have a better idea once the gut health partnership starts to produce revenue and By-Health get the health function claim and products are launched.
If there was to be an offer i would rather it was then and from By-Health.
Gixer
What is the full potential of FF ?
I would echo DP's sentiment. The clock is ticking for IF to deliver now the DSM shackles are off.
W$
Why would you even want an offer before the full potential of Fruitflow is realised?
Those are very encouraging information. Just a matter of interest why DSM is not making an offer to PXS or IF become very difficult for DSM to make a deal? If that is the case then IF need to think his position!!!
Remembered the 3rd Amigo
Haven’tgotaclue
Or something like that
IF Only they’d talk to each other ;-) https://www.unilever.com/news/press-and-media/press-releases/2022/unilever-and-holobiome-to-uncover-ingredients-that-could-improve-wellbeing/
Gixer,
Wow, this identifies a massive increase in the value of the IP for "Gut Health" stuff. If this valuation were applied to Provexis it would equate to something in the region of 8p per share. Difficult to compare Apples with Pears I know, but it is a development that is worth keeping an eye on.
Another step forward for DSMs ‘health from the gut’ strategy.
https://www.dsm-firmenich.com/corporate/news/press-releases/2023/dsm-firmenich-completes-acquisition-of-postbiotics-pioneer-adare-biome.html?utm_source=facebook&utm_medium=social_post&utm_campaign=corporate_company-updates_070723
https://www.dsm.com/corporate/news/news-archive/2023/dsm-agrees-terms-to-acquire-adare-biome.html
Looks like a few tweaks.
No new health function claim as By-Health are after.
https://www.cirs-group.com/en/food/dha-and-two-proteins-added-into-health-food-raw-materials-directory-in-china
This looks like Samr are allowing a new function on health foods ,unfortunately not ff . ! https://food.chemlinked.com/news/food-news/china-samr-expands-raw-material-directories-and-function-claims-for-health-food-nutrient-supplement?utm_source=edm
I think IF would have went directly to the manufacturer if DSM were trying to make a profit on the remaining stock. We are already going to be paying them a royalty.
I would expect the price to come down lots when China orders come in. The huge volumes will drive down production costs. This will lead to more profit on existing customer sales.
Assuming we get it from DSM at cost ?
Yes, So far PXS has purchased 550,000 Euro of stock so if (and we are only going on what AD said in the article) we paid DSM 150 Euro a kilo then 550,000 divided by 150 = 3,666kg
Not sure I would go on the the best before date of FF+ as a guide as it may last longer when in its original packaging from the manufacture.
Another thing to think about for future orders. Cost of raw materials (tomatoes) and manufacture are likely to be much higher due to the cost of living increases. So if DSM did get the cost down to 150 Euro a Kilo I don't think we could rely on that price going forward.
DSM still hold .
Thanks gixer , so I think you worked out you worked out pxs have about 3666 kg And probably about the same amount that still hold , all to be used by August 24 if they don’t get the extention they are looking for ,mm
Dr_H, Back in February 6000 RMB would have been 818 Euro so you weren't far away.
The link to Asim Duttaroys article (Feb this year) doesn't seem to work anymore but he stated that cost of manufacture was now as low as 150 Euro a Kilo
https://www.facebook.com/asim.duttaroy/posts/pfbid07U6fU3Y5vMoGq3seHu5FwQvvwJwCyxwuyqU1Kbo6vDhu9Z1dKzkF7oi4AsU7U4rul
This article (March 2021) from China quotes "ingredients such as FruitFlow Tomato Clear Juice Powder (6000RMB/kg), high phytoene content tomato powder (8000RMB/kg)"
https://mbd.baidu.com/newspage/data/landingsuper?baijiahao_id=1693898004131476920&id=1693898004131476920&wfr=spider&for=pc&third=baijiahao&c_source=kunlun&p_tk=9730STo9J072M1g0xXZRVfXfOzJJ9r8LvLuQGv4skK7MNiAqI8HYeB9K09cgtOn8fiMSVMUcB1umi2hwOL4dYQ2AIERpR0rat9oadroAjcCpXHq2bwDAtOwzJR9p22EoZ2di4FVXwXIzQKC7fm8PxL8YDg%3D%3D&p_timestamp=1675530080&p_sign=e431b0d5367a77fa702f49d6eee0bfe3&p_signature=026274465313f9b0ccec538b807c2596&__pc2ps_ab=9730STo9J072M1g0xXZRVfXfOzJJ9r8LvLuQGv4skK7MNiAqI8HYeB9K09cgtOn8fiMSVMUcB1umi2hwOL4dYQ2AIERpR0rat9oadroAjcCpXHq2bwDAtOwzJR9p22EoZ2di4FVXwXIzQKC7fm8PxL8YDg%3D%3D
So at 6000 RMB = 762 Euro
150 vs 850 wasn’t it?
Hi gixer Can you remind me of the cost to produce ff and what it sells for , I know you have posted this info before but it seems more relevant to know now we have control of the production line , we also know stock numbers for the next year so we could maybe have an idea of income for the next year , .many thanks
I recall that Cinders was a right old ramper.
No point muck raking from so long ago is there.