Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
The difficulty for Beyond meat (and all alternative meats) versus slaughterhouse burgers is that they are not competing on an even playing field. Consumers are not paying the true/real cost for animal derived products and haven't for a long time (if ever). Take into consideration the subsidies the grain farmers get for growing the animal feed, look at the true cost of the land/water consumption to grown the grain and the amount the animals drink over their lifetime, take into consideration the enormous environmental damage, the land usage and the subsidies the cattle/dairy farmers receive. I'm not saying these things with my vegan head on but with a commercial/business head. If you removed the subsidies and looked at the real/true costs of rearing and processing animals for human consumption then the consumer would have to pay considerably more than they are now and certainly more the faux meats. Sadly and more importantly in the current climate, consumers will vote with their wallets and if real meat is considerably cheaper, that's what they'll buy.
In many regards we're not a very bright species, hence the world is in the pickle it is. Society knows eating meat and animal products is not the healthiest way to eat, it causes great pain and suffering to both the animals and those in the slaughter business alongside untold environmental damage but we still do it and it appears in increasing amounts - hence the world has a need for cellular agriculture and precision fermentation. Cell Ag meat will face the same commercial challenges as plant based meat alternatives when they come to market. Will be interesting to see if the Cell Ag companies receive any government subsidies to help support their commercialisation.
It’s always the darkest before the dawn. That’s what I keep telling myself anyway. Not a great day for the share price today dipping below our 12 month low. Only to be expected in the current climate and with no further news on the ESIA this will continue to slip back into the 4p territory. Patience is the name of the game on this one unfortunately.
Plenty of positive portfolio news coming through in the media of late but it's having little effect on the share price. There's so much negative sentiment around the financial markets and the global economy right now that any good news seems to be drowned out by all the downbeat 'noise' in the news. Despite good portfolio progress I can't see ANIC rising again until the general economic sentiment improves. With the dynamic duo of Truss & Kwarteng in the driving seat that could be sometime. Wishing all holders well in these downbeat times we are living through.
I too think a sub 10p share price could be on the cards in the coming weeks, even though the NAV is above 15p. I felt quite chipper earlier in the year having snapped some up on the dip at 13.5p - not feeling quite so smug today and pretty glum overall as someone hoovered up 28k's worth today and snaffled twice the number of shares I hold.
I've always said ANIC is a 5-10 year hold (and still feel that way) but these dips don't half hit your investing confidence. To add to my financial pressures, my workload as a graphic designer has also dropped off a cliff. 22 years self employed and I've never been quieter. This cost of living crisis hasn't even started to bite yet so interesting times ahead for us all.
I'm positive that our PF companies will really start to take off in the next 12-18 months, encouraged greatly by the recent Onego Bio news and the Perfect Day tie up with Nestle. One or two portfolio companies could be transformational and really lift the share price out of the doldrums.
I refuse to sell too though I’m now back under water a little. Let’s see what we open at tomorrow morning and how the week pans out. Could this be our breakthrough week or will we slip further. I don’t think GC is a turnip at all. I think he’s a top operational player but not sure what sort of CEO material he is, time will tell. He seems a stand up honest guy and comes across trustworthy to me.
What a god awful day today has become. My portfolio is taking a right pasting. The BoD really need to pull their finger out now and communicate to the shareholders what is going on. 10% down on no news is pretty bad going. A lot of very negative sentiment across many of the chat boards today.
DShox - I know it's not pretty at the moment but if you want to see how a share can slide and then burst into life take a look at the AFC 5 year chart. Take a look at the slide up to Oct 2019 and then how it came alive - no reason EML can't take off with some ESIA and finance news behind it. Just don't look at AFC from Jan 21 to the present day (that's not very pretty). You have to find positives somewhere. EML is sat on a billion £ asset if it can get all it's ducks lined up, with a current market cap of 57m we have a long way to go.
https://vegconomist.com/company-news/perfect-day-nth-onega/?utm_medium=email&utm_source=rasa_io&utm_campaign=newsletter
Excellent news for our portfolio company
I had no idea Jim Mellon was involved in any way with EML. Is he a private share holder or does he have an exec or non exec role in the business? Coincidentally I’m also heavily invested in ANIC a Jim Mellon agrarian investment play and was also looking at BHL a lithium play. Wasn’t aware he had a tarnished reputation.
Just dropped to 6.4p Is it a case of darkest before the dawn? God I hope so. With the world market for fertiliser being as it is, I would have thought this project would have been fast tracked by all parties in the process. Why are the powers that be stalling on awarding the environmental approval when no objections/issues appear to have been raised?
Excuse my ignorance, but what are the consequences for not getting the ESIA before the month end?
I don’t believe this company is a joke at all. It’s an early stage investor in a sector that is in the very early stages of commercialisation. PF will be first out of the gates followed by Cell Ag 3-5 years down the line. I too am 40% down and it’s not pretty sat on big losses when cash is tight, but this is a long term investment and not a short term gamble and I accept that. I’d rather I’d held off 6 months before putting my money in as I could have bought a lot more shares for the same money but I didn’t and I have to accept that. I would still invest here today and would buy more if I had the funds but I don’t right now. We have 22 portfolio companies on the books so it’s not like we’ve put all our money on 1 horse, we have 22 in the stable with a good chance of a few winners. There’s a lot of progress being made in the industry, Perfect Day have just signed an agreement with Nestle to provide PF dairy for new product lines coming down the tubes, so big things are happening with big companies. Let’s review this in another 5 years and I’ll bet there are no glum faces on this board. Wishing you well idg69
Another week on and no little red dot appears next to the RNS tab. The share price is holding up ok and can’t agree with the ‘constant slide’ comment, though it will slide with no news before the month end. The imminent comment 15 months ago was badly judged though.
Extra money in the Onego Bio coffers through grant funding is excellent news. I believe these are the types of company that will commercialise first and go on to be a big success. I suspect they will also get bought out by one of the big food conglomerates. Time will tell but good news for our portfolio.
On the subject of Big Jim, we could do with him either writing another book on this subject or getting out on the marketing trail drumming up some fresh interest in this sector. We also need positive and regular newsflow around some of our portfolio companies too to bring our NAV into the 20's. We're now over 50% down on our Nov 21 highs.
On the subject of price parity, we could get there quite quickly with PF in the dairy industry. Would be interesting to know what the 'true' cost of milk really is if you take away government subsidies, I imagine it's pretty high. PF also removes the high environmental costs, animal welfare issues, etc. etc. PF milk is also likely to be much a healthier option for human consumption having none of the 'nasties' associated with cows milk. (saturated fats, lactose, hormones, estrogen, etc) Milk costs to the consumer are well known to be artificially low, and as I mentioned in a previous post 87% of milk is water so you don't need to disrupt the whole product only a small percentage.
Meat production on the other hand through cellular agriculture could be 10-15 years away from price parity and you need to disrupt 100% of the product.
On the subject of Big Jim, we could do with him either writing another book on this subject or getting out on the marketing trail drumming up some fresh interest in this sector. We also need positive and regular newsflow around some of our portfolio companies too to bring our NAV into the 20's. We're now over 50% down on our Nov 21 highs.
On the subject of price parity, we could get there quite quickly with PF in the dairy industry. Would be interesting to know what the 'true' cost of milk really is if you take away government subsidies, I imagine it's pretty high. PF also removes the high environmental costs, animal welfare issues, etc. etc. PF milk is also likely to be much a healthier option for human consumption having none of the 'nasties' associated with cows milk. (saturated fats, lactose, hormones, estrogen, etc) Milk costs to the consumer are well known to be artificially low, and as I mentioned in a previous post 87% of milk is water so you don't need to disrupt the whole product only a small percentage.
Meat production on the other hand through cellular agriculture could be 10-15 years away from price parity and you need to disrupt 100% of the product.
Morning RWT2, a great deal can happen in the next 7 to 8 years. I don’t think traditional dairy will be extinct but it could be in its twilight years. Look at the rise of the iPhone/smartphone and how quickly that displaced the likes of Nokia and Motorola, it’s was pretty speedy once momentum took hold. Remember 87% of milk is water so you only have to disrupt a few % of that remaining 13% of the perceived good stuff with PF and things start to topple pretty quickly. ANIC is pretty dull at the moment with not much news flow on our portfolio companies but things can change pretty quickly once FDA approvals come on stream. No news on Blu Nalu for sometime either which surprises me as I thought big things would happen with them this year. This is a share for the bottom drawer if ever there was one, daily, weekly and monthly ups and downs shouldn’t concern us (though they do). Wishing you well.
The existing system needs to be maintained whilst the new PF technology comes on stream. It's the same with energy and transport, you can't just switch off oil/gas and petrol/diesel until the renewables and electric car infrastructure is up and running - it's a migration process and it will take time.
https://www.youtube.com/watch?v=r71yNnfY6ss
Check out Rethinking Humanity - a Film by RethinkX on YouTube. An excellent and very thought provoking piece.
Had a cracking dream last night, it was so realistic - I logged into my share dealing account and the EML price looking back at me was 50p. I woke this morning so disappointed ??
Fingers crossed we get some good news and soon.