Member Info for idg69

We're back to our 12 month trading low of 4.6p today which is only understandable in the current climate with no news forthcoming on the environmental permit. 2 weeks left in Qtr 1 for GC to deliver transformative news - I wouldn't bet the farm on that happening. The Moroccans must have to make a decision on this at some point soon, you'd have thought they'd be itching to get a potash mine up and running pretty quickly in the current climate for fertilizer. The employment and tax revenue this project will deliver should be a big incentive not to mention the fact they want to promote the kingdom as a place for international business and investment. Come on EML let's see 2023 as the transformational year 2022 clearly wasn't.

Can you imagine how far and fast the PF industry could travel/develop in a short space of time if a portion the EU farming subsidies were transferred from the traditional Dairy industry to the PF industry? What a game changer that would be. The EU dairy industry would go absolutely mental and I think that's a big problem - the farmers and the conventional dairy industry are so powerful they will rally against PF in order to prop up the failing economic and environmentally damaging model we now have. It's going to be a very interesting 5 year period ahead. Once PF starts to gain traction in the dairy space I think it will be hard to hold it back.

https://www.greenqueen.com.hk/agri-food-tech-2022-investments-report/

Agri-Food Tech Investments Dropped 44% Last Year, But a Big Turnaround Is Just Ahead, Report Finds. That same drop is reflected in the ANIC share price.

Thanks for the feedback, I've been here for only 2 years topping up on the dips and I'm happy to hold for another year or 2 dependent on personal circumstances. Would be great to see this through to the mine in production, but I suspect we might get taken out before then. That's only conjecture though. OCP could buy EML out with loose change on approval of the environmental permit. Would rather be taken out at 50p rather than 15p having been patient for this long.

We've hit a bit of a flat patch, is this the calm before the storm? Does anyone have any share price projections on receipt of the ESIA approval? and secondly on sign off on the debt/equity package? We're at a pretty low market cap of £50m right now whilst sat on a potentially sizeable asset. I'll put my neck out and project 15-25p (150-250m market cap) after ESIA approval and 35p+ after finance sign off. Does this sound fanciful or realistic to you all?

On the other hand, does anyone realistically think that we wouldn't be granted the environmental permit?

Couldn't agree more with both your posts. This is a 5-10 year play for me so short term drops aren't a problem, except I should have drip fed into this share over the last 18 months and not piled in at 25p. You live and learn.

Fear of change and a growing population of carnivores will ensure animal agriculture continues down it's destructive path for many years to come (unfortunately). Precision fermentation will gain traction and hit conventional dairy pretty quickly once Liberation Labs and others get a few sites operational and proves themselves in the business to business food space. I'm less convinced about Cell Ag at the moment. Costs need to significantly tumble, and I'm sure they will in time, for it to go head to head with conventional slaughtered meat.

This is definitely a bottom drawer share or one for your children to benefit from.

A lot of big trades have gone through today, but the share price is going in the wrong direction. Not much more to say really. We’re into March next week and still no environmental permit. This year is supposed to be transformational, it’s not looking that way so far.

Yesterdays RNS didn't move the share price as much as I'd anticipated. It did however provide me with a little more confidence in that I don't think we'll be waiting the 6 months GC indicated between ESIA approval and finance being in place. I suspect all the finance agreements can now be negotiated and prepared in draft form whilst the final ESIA hurdle is overcome. Would be great to get the environmental approval in this quarter and finance tied off in the 2nd. What a lift that would give the share price.

This board has become littered with infantile name calling and petty squabbles. If we’re old enough to buy shares we’re old enough to be civil and respectful to each other without resorting to playground name calling. Come on, we can do better than this. I appreciate frustrations are running high and we all want the ESIA approval to get this share moving and unlock the funding to progress. Healthy dispute and differences of opinion are accepted but please keep this board civil.

It’s going in the right direction I agree, but we’ve got some way to go to get back to the mid twenties and early thirties where we have been. I’m ok with the CEO I just don’t like how much money he’s skimming off of the business at this stage in its growth strategy. Let’s hope 2023 is a better year than 2022 for ANIC. We’ve started on the right trajectory let’s see it continue.

No one has mentioned/replied to my post/news on New Age Eats ditching their 90% finished new pilot facility. It hasn’t affected the recent share rise so that’s a good thing.

https://youtu.be/g6gZHbfK8Vo

It’s presentations like this that reinforce my decision to be invested in ANIC.

I’ve just watched the politics live debate on ‘would you eat lab grown meat’ what a truly awful piece of tv journalism. Skier1, I couldn’t agree more with your assessment of the debate. The BBC doing what it does best - biased and backward thinking panel. Peoples behavioural changes will not solve the climate/food/energy crisis, instead technology advancements in food, transport and energy will mitigate societies wilful ignorance and continued malaise.

Interesting to read they have ditched their new 90% completed Bay Area test pilot plant - why? Not good news for one of our portfolio companies. Looking at their website, they look all froth and little substance. Let’s see if it has any affect on our share price.

Lab grown meat won’t be served in UK restaurants in 2024. As much as I’d like that to happen it won’t in my opinion. The regulatory hurdles will take an age with our backward thinking government. Do we even know if any companies have put forward an application to the powers that be for approval to sell in the UK, and if so when did they apply?

Come back in 2028 and let’s see where this share is at. Happy to be invested but still think this is a 5-10 year play. The article talks about potential, but realising that potential is going to be a long game.

I suspect there’ll be a few mergers and acquisitions along the way too. Some companies will get bought out for their IP and bio tech know how and swallowed up by the big processed foods companies. I only hope they don’t get bought and the tech suppressed to keep the present system trundling along. The status quo really needs to be rocked in the years to come.

Big Jim has been pretty quiet in the media this year after all his Moos Law publicity in 2021. Still see this as a 10 year play and we just have to trust our conviction that the food of the future will be produced this way. The existing meat and dairy industries are only propped up by subsidies and animal agriculture has to change for health, environmental and welfare reasons. We can’t go on producing this way for an ever growing population. A Dutch dairy farmer recently said his cows produce 3 litres of manure for every 1 litre of milk, that’s an awful lot of waste for a product that’s 87% water. Precision fermentation I believe will decimate milk production in the future. Let’s hope a Formo or AllG are leading the way.

What an awful afternoon for ANIC, can only suspect someone out there knows something we don’t. Unless someone’s lost patience and just cashing in their chips. I suspect a few portfolio companies may go under before some come good. Can’t see any IPO’s coming our way either. I see a rocky road to success.

I read this as EML now have to submit a 4th draft for approval following their meeting 28th Oct 22. Is that how others see things? 3rd draft was submitted 26th July 22. It has just gone 2 years since the first draft was submitted (30th Nov 2020).
If a 4th draft does have to be submitted, which I strongly believe it does, then how long before that is reviewed and we receive approval/further feedback? This can just gets kicked further down the road. I can't see Santa granting us approval pre Christmas if a 4th draft has to be submitted and reviewed. What do they call 'minor finalisations'?

With my sceptics head on, you might think the government are stalling on ESIA approval, we run out of money and OCP pick us up on the cheap.

This year I have been a really good boy for my mummy and daddy so could you please put me on your nice list. I don't want any presents for myself this year, instead could you please arrange for Emmerson PLC to have their ESIA approval granted before the Christmas holidays. I would be eternally grateful and promise to be kind to my little sister for the rest of the year. Many thanks in advance idg69

We don't appear to be able to break the 15p mark right now. Everytime it gets there it bounces right back off it. 2022 has not been a great year to date for ANIC despite continued progress with our portfolio companies. The year's not out so let's hope for a little rise into December and the year end.

Not so great today - well that head of steam quickly went off the boil. Back under 5p tomorrow I suspect. I appreciate nothing goes up in a straight line but I would have expected at least 2 days of positive momentum after yesterday's news.

Morning Chisler, hope you had a good weekend, your little rant about cyclists did make me chuckle this morning. Can I ask a personal question? Are you Ronnie Pickering?