The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
I'm glad they have technology to get them to possibly to net zero. I always thought that the algae option would be the most obvious, as its been around for a while. My concerns would be if more planning permission is required for the pilot facility, as well as what they plan to do with the product. If you feed it to cattle, it's still a part of the carbon cycle. There is also the development of lab grown meats round the corner which would make it harder to sell. Ideally, I would want goverment to pay SAE just to chuck it in a landfill somewhere. I have seen such algae sludge products being used as building materials, and in other capacitys so it's not that of a big concern at the moment; just something SAE needs to consider in future in my opinon.
"They have warned ministers that without tailored support, the UK risks repeating the same mistakes with marine energy as it did with offshore wind. "
Controversial opinion, but I think SAE would have been in a better position if Corbyn had got in ironically, as they had shown serious intrest in puting money into the area. Even mentioned it in their manifesto as well as Hydrogren.
Sources:
https://on.ft.com/3ggIRzt
https://www.ft.com/content/2abd4719-fbd6-492b-a37d-83f8e6163ccb
I fear the sentiment is too reductive in saying the 'woke left' as you call them are against the idea... I'd say you need to look in the right places.
See:
https://www.youtube.com/watch?v=CGF5MLuBau4
The diffrence is merely in some of the their aims. They are against us i.e., agronomics, due to issues of whom will own and monopolise this technology (which is a problem, but for us as investors is not really a concern given our own commitments). Sections of the left for example are okay with GMO food in principle, but take issue with copyrights, planned obselecence of crops, etc. The picture isn't black and white per say. It's enough to have a working relationship in the short to medium term I would say.
He has some justification to say your acting in bad faith and are "trolling"--regardless if this is the case or not. You don't seem to be meeting any of us at the middle, and tend to focus specifically on the negative in a decontextulised way. While you may be playing devil's advocate, you don't seem to be recognising any of our counter-arguments as legitimate (despite us viewing yours at times as being legitermate concerns).
Mutual trust between posters is not something that is given I'm afraid, and must be earned. You must understand this, if you have been in these forums for some time in some capacity. A low post rate and a newly created account (much like myself) means people can't look up your posting history, and so makes them more suspicious of you--justifiably. I'm mostly apathetic of such things, so long as conversations are fairly informative however.
It depends what the product is. Yes, some products may need to be genetically modified in order to be made commercially viable but there are encoaraging signs that not all will need to be tampered with on a genetic level. For example, SuperMeat (one of the companies we have invested in) is able to grow chicken meat which has not been tampered with at a genetic level at an exponential rate where the chicken meat doubles every couple of hours.
For the US gatekeepers, it's not that I don't believe you on that but you will need to cite evidence to back up that assertion. It's an intresting point knowing some of the BS the US pulls in regards to its food standards and specification. I suspect you're right, and it's just something we will have to deal with when the time comes. I don't think you should be that bothered if people believe or don't believe you here. People are free to believe me or not believe me (or correct me as has happened in the past when I've made stupid claims). It is what it is. So long as there is an active reasoning process occuring between diffrent participents in this forum which may aid our individual decision making, it's fine by my books.
Sources:
https://supermeat.com/our-meat/
https://supermeat.com/manufacturing/
No, cell material is not modified on a genetic level as they basically just cultivate cells kept in a solution that replicate in that solution. Point three should not be a problem as there should be a significant legel justification to call it fish, meat, milk, etc. There will probably HAVE to be some distinction, but a good PR team can handle that. Point two is of going concern, however.
I think this has become more of a speculative stock at the moment. I've lost a bit, but nothing I'm too bothered about loosing sleep over. In fact, I don't mind it going lower if need be. As much as I wish it wasn't the case, the Chinese are serious about industy compared to the British. The Chinese are also an expansionary power, and will probably in future treat Britian as a "client state" if they are able to make inroads into the economy (which they have been doing quite succesfully, it seems).
I believe the Chinese would be willing to spend money in this area, as they are looking to expand growth through international projects. They already have tested our tidal tech in Wuhan, so I can see the potential of buying out SAE (a bit more difficult given anti-buyout laws directing specifically against the chinese) or becoming a large shareholder. It does seem that the National Security and Investment Act 2021 would provide some protection from a total aquisition at least, but I am not a legal scholar and this is all hypothetical.
Sources:
https://www.cityam.com/ministers-to-block-foreign-takeovers-of-uk-firms-under-new-law/
https://www.gov.uk/government/news/national-security-bolstered-as-bill-to-protect-against-malicious-investment-granted-royal-assent
https://www.legislation.gov.uk/ukpga/2021/25/part/1/enacted
Not sure if anyone else was listening, but there was a discussion was talking about the threat of another pandemic. One of the callers mentioned the need to get rid of factory farming, but the presenter mentioned that in around five years lab grown meats will become a thing. Whilst not directly related to us, the idea of lab grown meats is slowly entrenching itself in the ecosystem of political and cultural discourse.
In a way, the more shares there are the more people will be able to buy into the stock and take the mantle of advocating for the idea of lab grown meats.
Not as many as you may think, even the Armish are known to use GMO crops. Your more likely to get oppositions from some - not all - of the anti-GMO types whom don't really understand the technology. Aside from a tiny, insignificant minoriety I don't think that most people will be against the idea IF the pros. and cons. of the tech are properly explained to them.
It's a sentiment stock. Normal rules don't apply as much. So long as there is a consistent stream of good news, then the price should go up. Hype after all is a positive feedback loop. We'll just have to wait and see what happens.
BlueNalu is sceduled for the commercial distribution of its product this year in piolet schemes. The IPO I am unsure of, but it is neither a definete yes nor definite no as far as I know. There has not been much talk from them or finacial journalists about the subject, just that they have a factory and they will produce their product for consumers this year once (and if) FDA requirements are met.
Source:
https://vegconomist.com/companies-and-portraits/bluenalu-secures-60m-cell-based-seafoods-largest-ever-funding-round/
To be honest, unless he backs it up with evidence I am sceptical. They have tried to pull that stunt before, were PI's would be short-changed by a ridiculous dicount. There was a massive backlash. From what I remeber, they wrote in a RNS they would not consider doing this again for a while subject to the share price going above a certain level (which it has). Doesn't mean it won't happen, but it may be tricky for them to do so. I think the IPO thing carries more weight at the moment. If push comes to shove, you could always buy private shares of BlueNalu and others from brokers.