The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
https://addisfortune.news/tulu-kapi-welcomes-local-private-shareholder/
The above link is an article written 4 days ago and clearly supports a bullish view bearing in mind one would expect a local Ethiopian journalist to be in possession of the facts .The article reveals Kefi's private partners in the Tulu Kapi development ( ANS Mining ) are indeed fully committed to the project. We await imminent confirmation of their initial $9.5 million initial subscription ! I have pasted a section of the article below. Worth a read !
"The partners have focused on ensuring a broad investor base with an explicit preference for institutional investors such as insurance and banking entities with a strong presence in Oromia Regional State,” Harry said.
ANS Mining was funded by Hailemelekot Teklegeorgis, former state minister for Finance & Economic Cooperation, Wondwossen Zeleke, a long-standing natural resources senior executive, Zafu Eyessuswork Zafu, former president of the national chamber and one of the founders of United Bank and United Insurance, and Alemshet Degife (Maj. Gen.), former head of the Ethiopian Air Force, among others.
To raise capital, the executives of ANS Mining are planning to start selling shares, according to Hailemelekot Teklegeorgis, a founding member of ANS Mining, which hopes to sell one billion Birr worth of shares with a par value of one million Birr starting this coming September.
The founders of ANS assert that the investment has a 27pc rate of return and will help the banking industry solve the problem of forex, since the company will generate foreign exchange from the export of gold.
"We expect at least one bank to buy a minimum of 50 million Br," said Hailemelekot. "We're also discussing with banks and insurance companies, and we've invited them to visit the mining site."
https://www.brrmedia.co.uk/broadcasts/5e397956397af40afa52b0fb/open-orphan-plc-introduction-of-professor-john-oxford
New podcast out today .
CEO Cathal Friel & Professor John Oxford . Well worth a view.
Key points .
- CEO emphasising that the timing of the Coronavirus has highlighted the potential that Open Orphan via hVIVO now offers to the tackling flu viruses -Europe's only quarantine clinic in Whitechapel. A world class team of scientists with 20 years experience researching flu viruses .
CEO confidently stating the plan to licence out the stage 2 approved flu virus vaccine 48% owned by hVIVIO(Open Orphan) to a big pharma .
Professor Oxford stating the potential for Big Pharmas to utilise the research facilities & staff employed Open Orphan to develop a vaccine to tackle flu viruses including coronavirus.
I agree, Beyond Meat now being promoted by celebrity Snoop Doog ! . Up over 10 % on US opening.
Indeed RS, there is currently a race to commercial production taking place amongst Cellular aquaculture & Cellular agriculture start-ups backed up by huge demand to change food production systems to " save the planet" . Many will not last the distance . However, I believe Agronomics Plc have chosen some of the start-ups with great potential for their portfolio. As mentioned numerous times, ANIC is the only UK listed company providing investors with the opportunity to invest in this revolutionary field.
Below is another interesting response from BlueNalu during the Reddit session regarding scalability . IMHO BlueNalu is a disruptive and massive company in the making . ANIC's currently has a 6% share of BlueNalu following the December 19th RNS update . Posters here have likened BlueNalu to being the Tesla of the food industry in terms of disruptive capability and potential.
Q. At present, how scalable is using serum-free media to culture cells?
A. (BlueNalu )We’re still early stage, but quite optimistic about being able to scale serum-free media in production. In fact, we’ve already demonstrated that we can produce cell-based seafood without animal serum so the question of scalability is actually a question of sourcing ingredients at low cost. On that, we’re announcing a strategic partnership in global ingredient supply in the next few days, but please don’t tell anyone quite yet ;)
I've edited & pasted some bits of the online Reddit Q & A session with BlueNalu executives last yesterday . Its good to see Agronomics Plc being mentioned as a way to invest in BlueNalu. Furthermore, Agronomics Plc have even made a contribution to the conversation at the foot of the page.
Q. When will retail investors be able to invest in BlueNalu? Are you aware of any US based pure clean meat ETF's/mutual funds under development that retail investors can partake in? I'm aware of Agronomics (UK based) and New Crop Capital (Unovis) but they are not readily accessible for retail investors.
BlueNalu -Thanks so much for your $$$ question. BlueNalu, as well as other companies in the cell-based sector are private at this time, and only able to take investments from accredited investors.
Regarding Agronomics, which has publicized their investment to BlueNalu, retail investors are able to buy their shares on the London Stock Exchange (ANIC).
Regarding ETF’s, we are aware that Beyond Investing introduced the first Vegan Climate ETF recently, and a link to information about this can be found at this link. There may be others that exist at this time.
Agronomics PLC -Agronomics is publicly traded on the London Stock Exchange's AIM Market under the ticker ANIC. Retail investors are of course welcome to buy shares in lots as small as 10,000 shares which equates to £1.1k at the current share price of 11p. Any international broker should be able to offer to trade on the LSE.
Beyond Meat is today up 10% on Nasdaq apparently due to talks about distribution deals with Mcdonalds. It's obvious the Alt meat sector is not a fad but is actually gaining strength rapidly .
a twitter post yesterday from one of ANIC's investee companies Bluenalu .
"We're excited to host an AMA on Reddit tomorrow (1/13) at 1 pm PST. Find us on the r/Futurology subreddit. Join us as we answer questions on all things cell-based seafood and BlueNalu! Our co-founders and leadership team will be answering your questions."
This will be 9pm UK time . Should be worth a look. BlueNalu, a cellular Aquaculture company which is leading the field in that area.
The alt meat/food sector is definitely going mainstream right now. I watched an advert for Subway plant based meat ball baguette shown at peak time on ITV a couple of evenings ago. All the big retail outlets are getting on board . Agronomics PLC is more geared towards cultured meat/fish than plant based however the basic premise is that there will be huge demand for various types alternative meat sources form now on.
“Apocalypse cow: how meat killed the planet “ currently being shown on channel 4 . Part of the program covers the subject of cultured meat ...positive on the potential as an alternative meat source .
. It was a minor matter . RNS related to the issue of only 910,000 shares following payment received from one delayed subscriber in the recent placing.
https://www.smallbizgenius.net/news/foodtech-startup-bluenalu-grows-yellowtail-fish-entirely-from-cells/#gref
Cellular Agriculture & Cellular Aquaculture (applicable to BlueNalu) may well turn into a race to commercial production . No doubt not all companies will succeed but the sector as a whole may prove to be a great investment opportunity . Bluenalu are off to a great start . Over twenty years ago there were many investors being skeptical about investment opportunities presented by the internet .
It may be the case that 7 million was raised (as opposed to the muted 20 million) because there wasn’t the opportunity to invest more into the unlisted companies ANIC wanted to invest in at the current time .I guess in the field of cellular agriculture , being a niche new industry , it’s important to invest in the companies with real potential for future growth . No point investing in any old rubbish . The companies now in ANIC’s portfolio really do look promising .
ANIC putting together an impressive portfolio now in a new industry which is destined to grow quickly in forthcoming years .
Indeed, the cultured meat/fish industry not light years from producing commercial products. ANIC has a number of exciting investments in companies with real potential of making it big. I also like the fact that a number of investments are in U.S. companies which I believe supports start-ups than some other countries.
Good RNS this morning . ANIC substantially increasing its investment in BlueNalu . Worth spending a few minutes reading BlueNalu’s website and googling BlueNalu to get a good indication of the companies potential . A likely leader in cellular aquaculture .
https://www.businesswire.com/news/home/20191217005280/en/BlueNalu-Highlights-Versatility-Cell-Based-Yellowtail-Product-Premier
Encouraging media release yesterday from BlueNalu (part of ANIC portfolio)
"With our recent product demonstration, BlueNalu has accomplished a major milestone,” said Lou Cooperhouse, president & CEO of BlueNalu. “Our team has successfully produced whole-muscle portions of yellowtail fish fillet, derived directly from fish cells, in which our product performs the same way as a conventional fish fillet in all cooking applications. Our medallions of yellowtail can be cooked via direct heat, steamed or even fried in oil; can be marinated in an acidified solution for applications like poke, ceviche, and kimchi, or can be prepared in the raw state. This is an enormous accomplishment, and we don’t believe that any other company worldwide has been able to demonstrate this level of product performance in a whole-muscle seafood product thus far.”
https://www.bbc.co.uk/programmes/articles/5STsK03qtJ30tH41vsSNp5y/meat-a-threat-to-our-planet
A small taster of tonights Panorama program
https://www.*************.com/views/45878/kefi-minerals-follows-positive-ethiopia-news-with-some-from-saudi-arabia
It's a subscribe to article . One poster from the "other channel" states the article today puts a strong buy recommendation on KEFI targeting 6p plus.
Joe,
in one of her previous articles published on Master Investor, Laura Turner made mention of the company Rebellyous Foods amongst others .Shortly afterwards , Agronomics had announced an investment in the company . That's why I found the mention of Richard Branson in yesterday's article quite interesting.