Member Info for dougerboy

A no confirm or deny is fine for me AJP lol.

Does anybody have an updated Itaconix share register they can post...

I’ve already submitted mine: “can you advise if the company sees merit in collaborating with UK company Aquapak on biodegradable packaging and what potential revenue are you targeting in that segment?”

It is. We tip toe another step towards writing regular invoices!

P.S. Sir Robert McAlpine is a £1Bn sales UK based construction company

Hi guys, I’ve been doing a little more digging here. Aquapak is a wholly owned and only subsidiary of Aquapak Hydropolymers Ltd., which has been funding the heavily loss making Aquapak for a number of years. The question is, who has the deep pockets in the holding company/where is the cash coming from? Well, one of the Holding Co.s non execs is Richard McAlpine - part of the Sir Robert McAlpine construction dynasty. All this is publicly available from companies house. This is all irrelevant if there is no connection between Itaconix & Aquapak, but - and I’m with Thordon on this - given Guy Broadbent’s involvement, his shareholding in Itaconix gives him an investor’s route into that relationship - if it exists - which he doesn’t have at Aquapak, presumably because it is a private company. The very deep pockets behind Aquapak are obviously onto something. I wonder if Richard McAlpine has invested in Itaconix?

Fair point AJP - with only 443M shares in issue - a lot in sticky hands, including directors, IIs, and plenty of PIs with >1M, when the packaging RNS drops & Lord knows what else, the breeze flapping our sails just now will strengthen & really begin to blow. The only thing that will hold that back is a delay on the revenue growth curve (we’ve seen that already) - but those winds of change filling our sails are coming and strengthening, no doubt about it.

That is in my view a buy Molson. And with a purchase that size of nearly £120k it is an affirmation of the long term view held by many here that Itaconix is just getting out of the starting blocks on its profitable growth curve. This investor committing £120k at 10p+ sees the long term opportunity also. If they were a trader looking to make a quick buck, I guess they would have been in a couple of weeks ago & out now.

Thanks Thordon. Now imagine if our ingredients as well as replacing the phosphate part in dishwasher tabs also replaced the synthetic PVA Wrapper by way of proper biodegradable packing...

An RNS on that would be lovely.

That is great to see. Mansur, what a legend. I’m feeling excited again - after years of Tony huffing & puffing.

Long may this continue. Looks like the market is taking note of what the new CEO Richard Gibbs & his team are doing. One of Richard’s previous companies, was/is good at acquiring well fitting businesses - maybe part of a 5 year FTC strategy. So I think this has a long way to go, though I’ll probably take some off the table if we keep pushing on like this.

Yes Elsol, we’ve boarded a train and we are driving the IA Polymer locomotive. We are in good company: DSM a substantial chemicals outfit with HQ in Netherlands and substantial operations just down the road from me in Glasgow, have been paying a lot of attention to Itaconic Acid production and paint. I wonder if they might be interested in our IP?

http://www.biocore-europe.org/file/2_3%20BIOCORE%20L%20Raamsdonk%20DSM%20Itaconic%20acid.pdf

Bonxie - I was in that business a few years back, so that is my own recollection (unpublished) - processing prices can vary, depending on the values of recyclates/metals recovered, but most of the EV battery recycling companies now will have upfront processing fees of £X/T. Battery storage packs as you say, will be similar to EV (mainly Lithium) - ie complex/hazardous electro-chemical assemblies, where the recyclates will not cover (in my view) the return logistics, electro-chemical disassembly, hazardous elements disposal & so on.

Hi bonxie I can offer some insight on Li-Ion battery recycling. For smaller (eg. smart phone) batteries, from memory, £400/T disposal. For EV li-ion Batteries that is different: you have a high energy/high voltage chemical/electro-mechanical package which needs to be made 1) electrically safe, 2) manually disassembled (too risky to crush them for fire hazard) 3) disposal of hazardous materials etc. So you are looking at I would say £1000/T disposal, maybe more.

Nice one AJP. If that is correct, 9x20T (in big bags) per container is a lot (180 Tonnes total) of stuff. They’ll need a lot more than that, though by 2023.

Great find AJP - I don’t recall seeing this before AND it is the first time I have seen Jim Gordon’s name on a patent, alongside Bo, John, Yvon. I think this is very significant news - and Jim has also during his career done patent applications while at Unilever. There is a huge amount of FMCG Chemistry Knowledge/IP which they have been protecting at every turn it would seem.

Correctamundo Smart. Richard Gibbs - a great seasoned industrial components & products exec. Understands Industrial Distribution Sales Channels, Product Management & Roadmaps, Factory Automation, Cellular Manufacturing and so on. He was a contemporary of mine and many other great Honeywellers including Tom Frame VP Europe for Honeywell who was a superb Operations guy. Not forgetting Leo Quinn former Qinetiq CEO. I can see within 5 years a buyer coming for Filtronic. With spare cash I’m going to add.

LawG that was meant for you too my friend

querty you might have missed this. If you don’t believe it you can, of course, just say so, and then say Auf Wiedersehen. If you do believe it you’d better buy quick.

https://www.proactiveinvestors.co.uk/news/downloadResearchPdf/430664

You’re right Thordon. I’ve been looking HARD and revisiting searches from different angles. Nothing doing / yet. We shall see.

HM, everything you need is here

https://www.proactiveinvestors.co.uk/news/downloadResearchPdf/430664