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You are looking at historic accounts of old shell...you are missing out the £1.75m of cash raised in April and the £100k grant...
Plenty of cash to see us past the next big catalysts
Mcap here is just ridiculous.. hopefully this news put this little gem on a lot more radars...
https://www.newsweek.com/lab-grown-meat-invested-biden-government-1742816
Old article but summarises nicely what BSFA USP is...
https://www.dailymail.co.uk/sciencetech/article-10840769/Newcastle-scientists-plans-grow-real-fillet-steaks-lab-12-months.html
"British scientists are aiming to grow ‘real’ steaks in a laboratory within 12 months in a breakthrough global first.
Unlike previous efforts, 3DBT claims their steak will be biologically and structurally indistinguishable from the real thing.
Scientist Dr Che Connon, 3DBT’s chief executive, said: ‘There’s probably about 20 companies or more around the world working on different [lab meat] aspects. But as far as we can tell these are mince or other forms but not whole cut.’
Geoff Baker, director of 3DBT’s parent company BSF Enterprise, says the company’s tech could revolutionise food production. He said: ‘Cell agriculture is the next most exciting technology coming along. It’ll solve food shortages, it’ll solve greenhouse gases because of the reduction of meat from farms, it’s the future of farming.’
Theoretically the biopsies could be from any animal from pigs to fish and chicken. It could also be used to make leather and even one day human muscle for grafts. Another area where it could make a seismic difference is in growing the meat or skin of exotic and endangered animals to disrupt some of the illegal wildlife trade.
This could mean making crocodile-skin handbags or replicating controversial delicacies.
Baker said: ‘If you think of shark fin soup, we can make the shark fin and no one would know the difference.’
Thousands of steaks could be made from just one biopsy."
This is my top pick for Q4, very under the radar and material news on a few fronts due, not least the unveiling of UKs first ever cut of 100% lab grown meat. From my experience over the past decade investing on AIM its these blue sky sentiment stocks that yield the largest returns in % terms from trough to peak. Rare to find one at such a low Mcap, sticky book and near the sharp end of exciting newsflow.
the BOD here are all lifestyle and are using SCIR as a vehicle to pay themselves huge salaries whilst absolutely no regard for SP and long suffering Shareholders.
also wonder if JHI forward sold any of their consideration shares
£4m upfront payment for the asset. Theyd have been better off funding their portion of the drill.
Worst bit is the management will blow that £4m on other cr*p investments like theyve done to date. Sadly Ruvma was the only thing going for this company.
I feel like those that threw their toys out yday and bailed sub 3p will regret it! Easy to see how the markets take from many and give to the few
2 year lows. History tells us these days arent wise to sell on yet so many do! As frustrated as most shareholders here are.. control the emotions :)
sorry for the O/T but genuinely think investors here and also the ANIC board itself will likely be interested in BSFA which listed on London Stock exchange this week. Worth watching.
https://www.dailymail.co.uk/sciencetech/article-10840769/Newcastle-scientists-plans-grow-real-fillet-steaks-lab-12-months.html
mobilisation in July now, as per Africa Energy results release yesterday.
https://www.newswire.ca/news-releases/africa-energy-reports-first-quarter-2022-results-863870194.html
Buying sub 6p here, didnt think id see that opportunity again! seems market is capitulating right now.
where is the RNS?
Selling at bare bones cash level here, providing a very nice opportunity IMO
I have to thank the seller here for allowing entry down here
gold within 1% of all time highs
will work it out eventually... as soon as they stop I see this one rerating
huge pullback from the 6p highs, didnt think id get my re-entry price again.