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The rising price of meat is narrowing parity with lab meat as fast as that will become cheaper. Italy’s processed meat trade is heading for 12 billion dollars a year. It is something many countries will want to defend . I would imagine it will a very gradual decline at some point. It’s really up to countries to acknowledge, accept and adapt. You can’t simply legislate against healthier more ecologically and economically produced food unless of course you have connections with the godfathers

Resignation of auditor often causes a few rumbles. In this case Grant Thornton say resigned without issues. Clearly auditors have been struggling with wok load in small caps as there have been a number of delayed results. Would imagine with Grant Thornton reputation everything will be spick and span for the newbies. As this has obviously been an on going situation with tenders being offered perhaps that has already furled some of this current price fall.

Whoops only 26.7 million last full year. O well

Good luck with tat PP. I have not seen broker forecast. Full year 22 they pulled the rabbit out of the hat and hit nearly 36 million after quiet first half. This year the rabbit went back down the hole and full year slumped to 27/28 million. Another 21 million on to the 10 million first half doesn’t sound very ambitious to be honest. I was hoping some of the delayed contracts from last year might have materialised in this half. Clearly that would have given them some kind of spring board of recovery. The cash position is marginally better if memory serves me right they had some kind of exchange issue last year, so that kind of nullifies the cash improvement, just means that didn’t make another mistake. Unfortunately the reality is yet another disappointing start more pipeline

I did say it would be best to wait for interims. The ‘traditionally quieter first half’ is slightly worse than previous two years which's were a disaster. So again they have an enormous amount of ground to make up in the next six months to produce a reasonable full year, at least 25 million. Again the talk is of awards and converting promising pipelines. Someone compared them to IGp . They talked about strong pipeline but the big difference is they delivered in their results recently. But only what would be expected of a growth company so still pretty expensive. The one thing about SWG is it is not expensive at this level.unfortunately that’s not enough to make it worth investing in yet by a long way unless you are prepared to buy ‘the pipeline’.

Not sure how the board can view as ‘meeting expectations’. Must have been lowered during the year. Bit expensive for a n ex growth company and serial underperformer

The irony with this call from Italy is being the home of Salami and other processed meats thought and evidenced to be damaging to human health.

Banning lab meat ‘to protect heritage’ sounds like Short term right wing Italian politicians . Likely to be over ruled by any European rules. Shows how scared old establishment is to innovation. More importantly Agronomics is not just about improving or replacing old fashioned uneconomic environmental damaging food production but actually filling the potentially disastrous shortfall in the supply of food for the rest of the world not Just Italy. This kind of backlash was expected and will increasingly be evidenced by not just ‘protecting heritage’ objections but the old guard farm producers who will experience more pricing pressure as lab meat producers scale up and prices reach or better price parity. The big food industrialists like Nestle, Findus and others are already huge backers of the future food producers. Is case of necessity rather the choice, although it is healthier and more desirable in every conceivable way.

Laughable and disgraceful. More awards for this pitiful performance. Should knock another 10 percent off the share price on 23rd.

True the interims were not quite where we were hoping. That’s what triggered the loan note. Many companies have experienced delays in orders this year. Great new contract as recently posted aiming at annual rev of 15 million for just 1 product. I would definitely be buying if I had more cash which I hope to have soon. Probably no hurry but seller has hopefully finished.

Every little helps! I agree on past form good news gets ignored. Recent activity in other lithium stock that are still trying to prove assets suggests this is in fact the gift horse. The market will eventually be moved imo. It likes fruition

It’s not hype. They are attracting some very chunky contracts. The institutions don’t seem to be going anywhere. Word has it that there have been some aggressive selling from lock-ins expiring. Until We hear otherwise I can’t see a better theory.

They have twenty four million still in cash and 40 per cent discount to nav.

no plans to raise money while the sp is below Nav. The warrants have been given an extension to June 1st 2024. I don’t know if they can extend them again. A question they seem unable to answer. So under their own statements it seems unlikely they will raise money in the foreseeable. Although you can take most things directors say with a pinch of salt on your lab meat. Especially Jim Mellon

Never really went away formerlyeatp. Its the transition to nuclear fusion that is the next big step. The germans got a bad case of paranoia after Japan experienced some catastrophic problems with tsunamis and overheating reactors. The Germans must be ruing the decision to ban all nuclear power after the fall out with Russia. There are so many parts to AVG, maybe too many for such a small company. They are very good though at taking on small innovative companies that are struggling, putting them back on their feet and selling them off again. Adaptix is a case in point. They completed a full takeover recently of this potentially revolutionary portable scanning inventor that could have markets in medical and aerospace industries. They ran out of money so Avg stepped in at a bargain price. Will require some funding to launch the product next year hopefully which seems to be dragging on the sp currently. Absolute bargain at these prices IMO. More than 100% plus upgrade possible in next couple of years. Obviously not without risk, but nothing is risk free.

Thanks for that one Nano. Very interesting for anyone interested in this area, not just shareholders

Thanks PD and Run1. Like the Canine Times. I’m sure our dog would love to get his teeth into that. I used to get The Tea pot Times which I think was published by Clipper teas. Was lot more interesting than our usual rubbish press! Really much more optimistic now than two years ago when the price was 3 times higher, those far off days where it all seemed a bit flakey and Sci-fi . Now we are seeing real product, launches and partnerships. Of course profitability is key to sustained success but generally getting good feed back across the investments which are somewhat de-risked with a share price at its lowest level when placings are taken into account.

Ah I see Good Dog Food has rebranded to Meatly for imminent launch yesterday.

to be fair to blunalu it was probably mellon being a bit over eager with the facts. i get email updates from blunalu which are thankfully sp**** but always insightful about progress. you can sign up on their website. it does look like some good deals are being hatched in asia and middle east where they import most of their food upto 95%. this was always going to be a tricky phase, not just getting the food to market , but achieving sustainability and profitability. probably daft not buying more anic shares at over 40% discount. might put a few in my isa when we get to april if the price is still low. cant see it doing much for a year at least , although good dog food could take off this year end.

Gresham always are relaxed about their stock falls. Saw you coming! First there was the Jani fire sale mopped up by? The board. The guy got a bad case of covid it eventually transpired. So he had to take a 40 per cent drop! Seems a little bizarre. Is health care that expensive? Presumably these guys have health insurance plans. So is history about to repeat. The board generously mop up cheap shares again with no plausible and I mean plausible explanation.

BluNalu also updated today about progress to market and collaboration with Saudi. Only thing is , now talking about 2026 . So slipped back two years from original market launch, but it does sound lIke a big scale up.