Member Info for oogleflugal

Mine in both accounts. Looks like a fair few re-investing today.

Looks like the market is waking up to this at last. Another one updating on september 26th.

Listened to a podcast with Jimbo and Graham Rowan on Master Investor earlier in the spring. Amongst many topics covered, commodities, bonds and property they briefly discuss Agronomics. The Sp was 13p then. He mentions Precision Fermentation who are selling every thing they can make in the USA. Vitro lab are selling small quantities of their lab leather to fashion houses and lab chicken is selling well in Israel. The big point he makes is the distinction between lab meat and plant substitute meat. He claims plant meat substitutes are inferior in many ways, being heavily processed, inferior health wise and not so good for the health of the planet. He assures that all the companies within the Anic portfolio are doing very well, maintaining or increasing value and ever closer to production. The sting in the tali was expects markets to fall back 30 percent by year end. Looks like Anic has already achieved that goal, but I’m seriously looking to top up . There do seem to be a fair few professional investors getting interested now, especially at this price, as I think they can see that all those that think this food revolution will never happen appear not to have noticed it already is happening. I spoke to an animal feeds director earlier in the year and asked him if he had heard of Agronomics. He was aware of it and had been to a seminar on it , but basically thought it was a load of baloney. The share price of his company has dropped over 60% since then. To me it shows clearly the complete lack or denial and understanding of the old guard and a stubborn refusal to accept change. That conversation did me a huge favour as I dumped his stock before the big drop. It was a great company but refuses to see or adapt even slightly to the coming sea change in food production. Its not that it will happen, it is happening right now.

It does seem a shame not to be in British Better Dairy, but you can’t be in everything and as SAA says you need a bit of diversification and try not to duplicate holdings with possible competitors. I also like the geographical diversification of companies. Maybe Mellon has a few of Better Dairy inHis own portfolio . Not exactly short of cash. Hope they are better than some of the vegan butters I have tried, absolutely worse than Stork margarine. Crazy sp, must top up soon

I often find myself at complete odds with Paul Scott and others on Stockopedia. It was almost his disdain for vapes , while tobacco alcohol and gambling seem to be ok in his view that encouraged me to get back into this stock. At least they are helping with an alternative to nicotine addiction. Kids are always going to want to try something they should be prohibited from. O and then there was the cardinal sun of a donation to the Conservative party. He does make me chuckle old Scotty. Hypocritical moi? The management are right on this and whatever happens they are definitely worth more than half the sum of parts, a lot more. Whatever they like to say on Stockopedia there is no wurst ion that their opinions have some sway on small cap share prices, creating some great opportunities in some of the discarded ones.

Trading update on 26th September. Going to be a busy day for my stocks. Must say it’s held up pretty well . The big fat maiden payout tomorrow or Monday! Probably recycle back in as there are a few days before interims.

More dilution and still nearly ten times this payment outstanding on the notes, which if my memory serves me were issued at 14p. At this rate there could be another 80 million shares owing just on he loan notes or more as they will probably find the value dropping from the 5.11p paid, now worth only 4.65p in less than 24 hours. Staggering. The truth is these are their only options and not very good ones. Any price predictions from here?

It’s a to give creditors confidence that they are solvent if you need to be technical. After applying to court and getting share holder approval they can distribute the cash as a dividend or for buybacks. Obviously the court could turn them down if they felt the business was not on a sustainable financial footing

I see Paul Hill of vox markets and private professional investor has this morning fezzed up to this being his largest holding. Theses guys tend to be high stake rollers and has admitted to some fairly heavy losses recently. But he is pretty shrewd too . You dont make big profits without falls too. He has done a very good resume several times this year and admits to bias. Its pretty hard to find deep value in many places at the moment. So whilst it is evident from market reaction so far there is still a lot of caution out there I like this a lot and is also my largest holding along with Niox and Andrada mining. Gl all

Basically its a rainy day pot of money owned solely by the company to underwrite solvency. Upon certain criteria being met, such as the business is thought to be at least self sufficient and in rude health, they can apply to the court to have this money released to either return to shareholders in the form of a special dividend or other similar use . A bit like capital liquidity in a bank I suppose,(although you would want those crooks doing anything daft with our money). It is also dependant on shareholder approval. Anyone complaining? No, motion carried!

Capital reduction is interesting too. Niox did a similar last year . It’s hard to say how much this was directly responsible for their share price rise as nothing really happened for 3 months while at the same time they were significantly increasing cash generation. Suffice to say Niox share price has more or less doubled and we are also about to receive maiden special dividend. All good, but patience will be significantly rewarded here too eventually.

Not expecting anything from this idiot market. Agree with the cool sentiment expressed here. I suspect a largest holding for many of us. Talent and value will out eventually.

Artificial unintelligence seems to be storming lse.

Mini to be all electric by 2030. Expansion at Cowly. Although that is 6.5 years away, Mini are not exactly ahead of the game but it shows how this is all stacking up for lithium supply.

As expected another deadline. Still doing due diligence. Perhaps someone could have a whip round and buy them a calculator

Likewise(dtls)! Maybe we should start a new ticker company. Don’t know why they didn’t change the ticker when they changed the name of the company. I don’t honestly think it is going to effect that much. The bottom line is the bottom line and it’s not great at the moment. Companies rarely get upgrades purely on prospects. This just ticks so many boxes for me and I fully realise the patience required and the opportunities that have kept arriving. I think I have only sold once in the last 2 years and have actually increased my holding, specifically when Rawlins bought a few and it dipped again. Our time will come could be a couple of years before we realise full potential or someone might be anxious to strike a deal before too long. Expect they have had a few opportunists trying their luck, but this kind of thing is not easy to value yet because we simply don’t know. It will be big for sure

Got to love Zak. Sits outside a cafe all day doing crosswords and drawing triangles to predict short term price movements. Legend in his own coffee break.

This is so Aimless. A few bot trades and no doubt another extended deadline friday. 5 months of negotiating ? Its not exactly a complicated conglomeration IN THE FTSE100. Hope Pexa are paying for our time

I can’t help but think there is an extreme bias in the uk press against Atm . This morning Vox markets have reported a drill result from Atlantic lithium again, almost a weekly update, but no mention about AtM result. Bradda Head is another constantly in the press about every teaspoon of lithium. The fact remains ATM is way ahead of the game and likely to be the first to 1 billion market cap by a country mile

If it happens it happens, no point in panicking now. Quite a few positives this year. Professor Yu gets a grant to study advancement in new ways to harness Nuvec and above everything else they have a solid patent in the USA where most of the noise in nanoparticle research Is literally having billions thrown at it compared to our rather modest research budget. Firstly Covid has not gone away, secondly there will be another pandemic. We had better hope for all our sakes that companies like N4P deliver in more ways than one.