Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nice to hear. We've had a lot of false dawns here before, so I'm not getting my hopes up, but I can see a very decent return on investment here
Speculation and those wanting in early is going to see us move past 52 week highs in the next month
You get use to no news being invested here
well done to those that managed to buy under 0.80. Did a few dummy trades, but no cash, ticked up a bit now. Hopefully;y that is the bottom in. but given what is going on who knows?
"preference for Spanish fluency" Mentioned on CropX linkedIn on a post advertising a position for their "growing" Sales & Support team.
So they must be expanding into latin America fairly quickly (I'm guessing a lot of US farmers. are also Spanish speaking)
I know a lot of people are negative on starcom and I don't blame them to be honest if you focus too much ion the past, but I feel CropX is really going some and are expanding at a rate they have not previously seen.
I've been happy to add a few more recently
UAE is a good fit for CropX.
Looks like we could visit all time lows again. Drifted down on such low volume any decent news and ti will spike upwards hard and fast. Shame I haven't any free cash as this price with possible news flow in the medium term is pretty tempting.
Always a decent swing from these levels regardless of news
Yeah what do people expect with all that’s going on? I’m surprised there hasn’t been a cheeky take over offer. I’m still half expecting one to be honest
Something has to come sooner or later and I'd agree that CropX or Zero are the most likely. I'm also still hopeful of a weird curveball link up that we dont know about yet
I'm sure they are not the only ones in this position. Hard times and governments and banks need to support them though this.
Anyway, are we blue today? WTF!
https://www.newyorker.com/science/medical-dispatch/the-state-of-the-fight-against-covid-19
Both of the vaccines it described, moreover, must be stored at subzero temperatures—Moderna’s at four degrees below zero, Pfizer’s at ninety-four below—and require two doses, spaced weeks apart, to work. Distributing and administering them will not be easy.
Self funded through the sale of POLY shares! No placings! Plus an in demand product, yet it remains off the radar
I like the look of this. That video was interesting in how it showed how much crane time was saved. Those things are bloody expensive too rent aren't they. Star just need another pilot to take off
True I can just imagine those creatures on loose women talking about it! lol
Moves quickly on just a little bit of volume
As some competitors were forced to stop making sales calls or doing product installations, CropX continued to connect with consumers through shipping product and providing support remotely.
“It’s a do-it-yourself model. We ship hardware by mail to farmers that is installed in a few minutes. They download the software. It’s very intuitive. We’ve installed in new places during Q1 and Q2 that you wouldn’t imagine like Senegal, Belize, and Uruguay all done through the mail and email.”
He also counts raising the startup’s $10 million Series B round in August 2019 before the pandemic hit as a stroke of luck.
“We are fortunate to not have to raise during this difficult time.”
NOTE HOW CROPX SAY THAT THEY CONTINUED TO SHIP THEIR PRODUCT DURING THE LOCKDOWN. Now more orders from CropX must be due soon or they are continuing at a decent rate under an RNSable rate. This could also be the reason for the increase in SaaS
Israeli soil sensing and data analytics startup CropX has acquired New Zealand-based Regen, a cloud-based, precision effluent and irrigation decision support tool company.
The acquisition marks CropX’s foray into the New Zealand market. It has longstanding ties to the region through its original funders, a group of angel investors in the New Zealand ag community, and additional investor Finistere Ventures. Firm co-founder Arama Kukutai hails from New Zealand and maintains ties to the region that helped CropX seal the deal.
“The southern hemisphere is very interesting for us,” Tomer Tzach, CropX CEO, told AFN. “Agtech has a lot of seasonality and since we have been focused mostly on the US and northern hemisphere, increasing our presence in the southern hemisphere flattens out the seasonality curve. It’s helpful for us.”
Analyzing soil data and integrating it with crop models, satellite imagery, and weather forecasts, the CropX farm management platform seeks to help farmers around the globe cut crop-input costs by driving water, fertilizer, energy, and labor savings. Using IoT technology, CropX provides proprietary soil sensing technology and what it describes as a feature-rich decision support platform built by in-house agronomic, data science, and software teams.
The acquisition also adds a new service to CropX’s offerings: effluent irrigation. New Zealand is home to 6.35 million cows, which is roughly the same population as India, according to Tzach.
Regen delivers over 200,000 client recommendations annually based on its soil data and decision support platform.
The acquisition adds over 130,000 acres to CropX’s platform and over a decade of in-depth farm data from operations in New Zealand. Farmers have to manage the large quantities of manure that they collect in their operations. This includes proper disposal to prevent harmful runoff into local waterways or leaching into the soil.
“Effluent irrigation saves water and uses the manure as fertilizer. If you can do it properly, it solves two problems at once,” he explains.
Tzach says acquisitions will be a continued part of the company’s growth strategy. Although consolidation was already increasing in agtech, Covid-19 has accelerated the trend.
“Early-stage companies are finding it hard to raise additional funds right now. There will be lots of opportunities and I think we should not overlook that.”
In January, CropX acquired cloud-based precision irrigation provider CropMetrics. The play was largely part of an effort to expand in the US market, Tzach told AFN. One-third of its employees are now US-based due to the acquisition.
Covid-19 has posed serious challenges to startups throughout the agrifood tech space. But for CropX, it was mostly business as usual during Q1 and Q2, according to Tzach. The company’s model ended up being a key differentiator for tackling the logistical challenges that the pandemic posed.
The bridge will not be the only problem
Yeah it's not ideal, but as long as the LOI gets done and dusted soon there will be enough volume to shift through the 1 million worth of conversion notes from the "investors"
Any delay then they will kill the share price