Member Info for idg69

Couldn't agree more. Though no firm date was set/given for receiving the ESIA approval, my understanding was that it was 'expected' by the end of the 3rd quarter of 2021. We're now 10 months on and not a whisper despite the word imminent being banded around. I was pleased to hear of the reduced water usage requirements in the recent RNS and I'm sure this can only have a positive impact on the decision to award the ESIA.

https://www.youtube.com/watch?v=rOQGTViNgsM

Thanks RWT2 for posting the link, I'll give it a look over at bedtime - might help me nod off.

13thmonkey - "Small and artisanal farms won't cause untold environmental damage. Stop exaggerating, it doesn't help."

What planet are you living on? You've been watching too much Countryfile on the BBC. Livestock (beef, lamb, pork and poultry) and dairy farming contribute hugely to environmental damage and river pollution. I thought as a society we'd got past questioning this. I live in the heart of a very rural and livestock intensive area (also an AONB) and our local rivers and streams are a polluted soup as a result of farming waste run off and my village is only 13 miles downstream from the head of the river. I also accept water companies dumping sewage is a massive contributory factor.

I agree with RWT2's comment - There is no reason to believe conventional farming is going down the pan any time soon.
but let's not be under any illusion they aren't contributing hugely to a great deal of environmental damage. And that's before the animal welfare/cruelty aspects of livestock farming.

Artisanal dairy farming in small rural areas may continue for longer (doing more untold environmental damage) but the big industrial farming practices will be disbanded and displaced by PF faster than many people imagine. Just my opinion though and based on nothing more than a hunch.

I’m pleased with todays RNS. Another new company in our portfolio and pleased it’s predominantly a PF one too. PF being closer to commercialisation than CA with hopefully less regulatory hurdles to leapfrog.

At the end of July, cell-based meat company SuperMeat announced a partnership with Migros, Switzerland’s largest retail supermarket chain and leading meat manufacturer.

According to the announcement, the two companies signed a memorandum of understanding to accelerate the production and distribution of cell-cultured meat on a commercial scale. As part of the partnership, Migros will also invest in SuperMeat.

Considering Migros’ work in retail and food service, SuperMeat believes Migros is strongly positioned to understand consumer needs for its cell-based meat and propose products that will match the needs of European customers.

The announcement continues SuperMeat’s effort to form a range of partnerships to accelerate the scaling of its cell-based chicken meat.

In March 2022, SuperMeat announced a strategic partnership with Japanese food and biotech corporate Ajinomoto to establish a viable supply chain platform for the cell-based meat industry.

At the same time, SuperMeat also announced a partnership with European poultry giant PHW Group to be one of the first companies to manufacture and distribute cell-cultured meat on a large scale.

More recently, SuperMeat partnered with biotech company Thermo Fisher Scientific to set up the world’s largest open high-throughput screening system for cell-based meat production components in June.

Beyond the partnership, Migros plans to continue supporting the cellular agriculture field. In September 2021, alongside Buhler and Givaudan, Migros announced the Cultured Food Innovation Hub to develop cellular agriculture products in Switzerland.

A couple more weeks to wait hopefully - boy I wish that was true. I don't mind the waiting it's the not knowing the decision. This will tank without the ESIA approval. I'm sure needing less reliance on fresh water will go some way to getting approval.

My speculation as follows. Maybe a little more news in the media recently may have brought new investors to ANIC. Could be those bailing out of crypto and social media looking for a safer haven for future growth. I'm also listening to a lot of debates about future food security and how new tech good be the answer. Could be a host of reasons and some we're not privvy to. Whatever the reason for the rise I'm happy it's happening. Would welcome a rise back over 25p and beyond. Still think our golden years are 5-10 years from now but happy to hold and top up when funds allow.

https://vegconomist.com/cultivated-cell-cultured-biotechnology/cultivated-meat/china-commercialisation-of-cultivated-meat/?utm_medium=email&utm_source=rasa_io&utm_campaign=newsletter

https://vegconomist.com/cultivated-cell-cultured-biotechnology/scifi-foods-cost-reduction-cultivated-beef/?utm_medium=email&utm_source=rasa_io&utm_campaign=newsletter

This is the kind of progress we need to accelerate this industry towards commercialisation.

Strangely it doesn't appear to have done much damage to the share price though. You need to be in this for the long game 5-10 years. It's certainly not a get rich quick share. Though dropping from 32p to 16p it could be a get poor quick share depending on your entry price. I'm still happy to be here but wished I'd started my investing in 2020 and not 2021.

https://www.youtube.com/watch?v=uDlyLPh_Qxo

George references Solar Foods in this discussion and the rise of PF in the global food supply chain. It's a very interesting listen - I hope you all agree. The more people of prominence in the media discuss this tech the quicker the investment and roll out should happen.

I'll keep you company MAZK, how's the ice cream sales coming along and the milk vending machine? Hope you're keeping well and your head above water in these turbulent and expensive times. Very little if any news flow from ANIC for a while. With 21 companies in the portfolio I thought we would have a raft of regular news. After the flurries of excitement last year and the rise up to 32p we seem to have found a new trading level around the NPV of 15-16p. I'm not coming across much Cell Ag news in the wider media at the moment either. I'll go hunting to see what I can find and post a few stories to pep up this board. Wishing you well idg69

Couldn't believe my ears yesterday evening when the BBC news reported that due to high fertilizer prices, British cereal farmers are going to cut back on high yield wheats for human consumption and switch to low grade grains for animal feeds. Please god (if there is one) I hope this news report was incorrect.

You couldn't make this stuff up, let's stop growing foods for humans (which is kind of a priority right now) and grow food to feed animals so we can then abuse, slaughter and eat them at a calorie in calorie out ratio of anything between approx 16:1 to 40:1 (for beef). And in the process contribute massively to our own health issues, further compound environmental damage and increase GHG emissions. Without a massive shift in societal behaviour and changes in our dietary intake we are not going to reverse many of the big issues the world faces today. Many would already say we have gone past our 'tipping point' and it's only damage limitation from here on.

Our children and grandchildren will look back on our generation and think we were a bunch of balm pots for doing what we do. "This World (is going up in flames) and nobody wants to take the blame" - Charles Bradley.

I've got my glass half empty trousers on today. Please respond with waves of positivity or shout me down accordingly.

Thanks for posting. Just popped up on my Google news feed this morning. I believe the industry is facing a little headwind right now from a regulatory and VC perspective. We need some more countries to give approval and then the money will start flowing back into the sector. Very much a 5-10 year investment play and not one to watch daily. I believe ANIC will do well from the Precision Fermentation companies and the alt materials companies long before the Cell Ag boys start to take off. We’ve certainly come off the boil since May and November last year. I never bought for a fast buck so I can live with the dips. Would like to see a little more news from our portfolio companies as to how they are progressing or a general ANIC newsletter every 6 months to keep us all posted on progress within the portfolio.

Morning mazk, I agree, I don’t think the fun and games has really started yet. Wait until the autumn when the central heating goes back on and energy prices go up again, that combined with rising food prices and shortages is really going to put the big squeeze on many/most households. It’s a perfect storm brewing. I’m normally quite an optimistic person but not right now. I’m holding some cash back at the moment as I predict a rainy day on the horizon and don’t want everything tied up in medium to long term stocks right now. I’m confident that Anic will come good but I don’t see any significant growth in the next 12-18 months whilst the world is in the turmoil it’s in. Then again Blue Nalu could ipo next week and we could see a rise (but i don’t think it will)

Unfortunately any food shortages in the next 2-5 years are not going to be offset by any meaningful volume in either precision fermentation or cellular agriculture. We are going to be reliant on traditional animal agriculture for some time. I do think PF will impact the dairy and egg protein industry first. I'm not aware of any reasonable commercialisation in any areas of PF and certainly not in CA at the moment.
I also think there will be a short term increase in stock prices of traditional agriculture as people have to start paying the true cost of what they eat. Food has probably been too cheap for too long with big government subsidies helping to keep prices cheap.

It's were a lot of rapid growth and financial gains are going to come from in the years ahead. Commercialisation and scaling up of PF and CA is going to be huge. The companies building the infrastructure will be the ones to watch carefully. Big Jim will know all this and I expect future investments to be in this area, diversifying our portfolio further can only be a good thing.

Never say never, look at the price back on the 7th March, it dipped that day and quickly bounced back. For once in my life (to quote Stevie Wonder) I managed to catch the bottom of a trough and bag another 10k at 13.54p. It can be done with a little patience.
I'm just surprised at how little portfolio news there is considering we have 21 companies in our stable. Still feel this hasn't captured many peoples imaginations as yet, give it another 2-3 years when precision fermentation really starts to commercialise and this will take off. I think cell-ag may take a little longer with more hurdles to leap in the process.

Big thanks Horti for posting this link. I’ve ordered my copy this morning. I’ve been an admirer of George Monbiot for some time, more so since he’s gone vegan. An excellent interview I thought and reaffirms my belief that Vegansism is the right and moral thing to do for the planet, the animals and our own health. He’s a great voice of reason and I hope many more people listen and take his message on board.

Kimhappy you appear more Kimsad today. We are at 8.75 at close and up 70% over the last year. I appreciate the ESIA approval is causing frustration and testing our patience but the fundamentals of the business are stronger than ever. Please cheer up and don't be down, it's not worth it. We all want this to take off and I'm pretty confident it will once the ESIA approval hits the door mat.