Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
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...he also said two months ago they were 'on track' to have it completed by year-end. My guess is we will hear something in November.
Our CEO had this to say two months ago:- Strategic Review "As well as focusing on ongoing operations, the Company has been conducting a comprehensive strategic review of its assets and growth options. The Board announced in May that it was intending to divide the Company's intellectual property and products into two separate entities, focused on human health and animal health respectively. A more detailed update will be given to shareholders in due course and it is expected that the reorganization of the Company will be completed by the end of the year." I believe that there are very many strands to this review and I would therefore not be surprised to see it extended beyond the year end.We are due a trading update in February which should be informative.News might of course break before that. Sorry warbrother666 that I cannot be more helpful.
Thank u for your comments they are helpful. Any idea when the strategic review announcement will be made?
Potentially,warbrother666,those contracts will be announced to coincide with any conclusion of the ongoing strategic review,along with(possibly)details of new partnerships,financing,disposals,etc; or even an outright total sale. Whatever the outcome,it looks as though TyraTech is about to change its "shape",hopefully to the benefit of shareholders.
Things are looking bullish but we all know tyratech need new contracts until then the share price will remain stubbornly low
Several significant buys were logged on Friday afternoon,possibly emanating from the same source Could it be that the impact of the strategic review is becoming evident to those close to TyraTech ? Further buying next week allied to another upward price movement would be significant. Definitely exciting times ahead for this most promising of micro caps.
That is true lospeculatore. Although not on the same scale,the recent stake increase by CriSeren was interesting for their investments have proven very successful in recent times. The conclusion of Allenby Capital in last months TyraTech research note was pretty bullish. "It is clear that TyraTech is achieving a great deal with limited recources and could do much more if it wasn't undercapitalised." http://allenbycapital.com/research/research-tyratech_23_903670869.pdf This under capitalisation could become a thing of the past following any outcome of the current strategic review.
One of the best indicators for me of the promise shown by Tyratech is the large holdings of some big investment companies. How many other AIM shares have an investment company with a �6 billion portfolio (Octopus Investments) holding a 20% stake? There must be some reasoning behind their confidence.
We have seen it all before on AIM. A company with huge potential,yet the shares languish near multi year lows;prior to their surging upwards as potential translates into burgeoning progress. For me,Tyratech is the epitome of such a situation. Our CEO has spelt out where the future lies and even put a time scale in place. Nevertheless, the share price together with any interest in Tyratech remains moribund. Possibly then,now would be a good time to invest or to add,for that "surge" cannot be too far ahead.
I'm inclined to agree. Humour is a luxury the big players can afford in their A&M. Certainly good to see them keeping the costs down.
lospeculatore Possibly the winner more suggested a serious product from a serious company. Just how serious should become evident over the next six months or so. I believe that the recent signs of life ,displayed by the share price,are a precursor of more significant upward movements lying ahead. "All" we need is a successful and rewarding outcome to the strategic review,a strong final half from Human Health allied to news of initial contracts with those global egg/chicken producers along with increasing revenues from our existing Animal Health products. All feasibly achievable imo.
Thanks, Luke. Where did you find that? I prefer Pinky's, myself. We should have a shareholder vote :) Interesting target of the the backyard chicken market, which is a growing sector in both the US and UK and more susceptible to parasites than industrial production.
The individual products are licences by specific states and if you look at the poultry ones they are licensed in about 25+ states whereas the cattle Ines are only inmabout 18. Shows the I terms and priority in poultry
The R&D Team Meet our R&D team. We are proud to conduct our own research and development, rear our own insects, and spend time in the field working with farm staff to understand how to best meet their needs. Robert Rowland, Technical Services Manager Jason Schmidt, TyraTech Director of R&D / Product Development Scot Huber, TyraTech Directory of R&D Jeff Owens, TyraTech Scientist Chris Knox, Scientist Tanner Stanfield, Lab Assistant Pinky Prem, Lab Assistant
Preparing for launch by the looks of things,and showing initiative,via the lowest possible cost option. https://label.designcrowd.com/contest.aspx?id=1684073
Thanks. Much appreciated.
Thanks for that. Much appreciated.
Jesk The field trials here are extensive as once these large poultry guys make a decision they will put all their stock on the regime.They don't do it piecemeal s the reward is huge. I promise you it will be well worth it and as the poultry life cycle i.e. Weeks for broilers is so short then the trial results will be well documented by now
had this to say on your query,a few days ago,JESK. Trials, by nature, are not usually income generating and can take time. In simple terms field trials are loss leaders to validate the efficacy of the product in the real world. Once proven and adopted - that's when we will start to see the returns ramp up. After almost 2 years of field trials, Bruno has intimated that we are very close to entering the next phase. And that's why there is a company structure review taking place to be in the best position to manage what will be rapid expansion in production and distribution. Exciting times.
Is this all testing and field work? Clearly no contracts have been signed as yet. How long does the field work take? Any ideas? Thanks.
Extracted from the TyraTech 2016 Final Results, "The Company is currently working with the biggest producers of eggs in the US (Cal-Maine Foods Inc.; Rose Acre Farms Inc.) as well as with the biggest producers of breeder and broiler chickens (Tyson Foods Inc.; Perdue Food). " Extracted from Google, "Cal-Maine Foods Inc. is the largest egg producer in the U.S. and the world. As of December 31, 2016, the company’s layer flock included 37.94 million hens. " "Rose Acre Farms Inc. is a family-owned egg farm and is the second largest egg producer in the U.S. and the third largest egg producer in the world. " "No. 1-ranked Tyson Foods, the largest producer of broiler chicken in the U.S." Surely there is very significant value to be gained from investmenting in TyraTech,for,imo,their future looks exceeding promising.
Of course long term strategy must take priority over short term gains even i agree with that.
http://www.bbc.co.uk/news/world-europe-40878381 and we have a solution
All about the Chickens look at TYRU they have invented a solution that is not a chemical to destroy red mites in chickens massive news if someone takes it up As an example, the recent Fipronil scandal cost an estimated €150m, there is no other solution because all of the pesticides have been banned by the regulatory authorities in Europe. Tyratech already have a proven natural solution with a 95% kill rate on first application. It was demonstrated, liked, and then bought by the largest chicken/egg producers in the U.S.A. Field trials in France produced the same excellent results.