Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
When you say that this industry won't be allowed to fail I don't think that stacks up with current facts. Certain US states such as Florida and EU countries such as Italy are actively seeking the failure of this industry by banning cultures meat etc. Be in no doubt that this will be an uphill battle with immense opposition. The notion that somehow everyone will see the light and "do the right thing" ignores the past century or so of Western capitalism. For the record I am invested in this and very much hope it succeeds but blind optimism may not help others make an informed choice as to whether they should invest.
Re. The post suggesting Those Vegan Cowboys was sold to Unilever, that's getting a little carried away. The vegetarian butcher was sold to Unilever in 2020 and the 2 guys behind that brand subsequently started Those Vegan Cowboys. This company has nothing to do with Unilever.
Anic aren't invested here but upside have been front runners for a while. Article below may well demonstrate sensible business but probably not a good sign for the industry
https://www.wired.com/story/upside-foods-glenview-illinois-factory-lab-grown-meat/
I assume interest rates are relatively meaningless when the whole basis of the technology is speculative. Say I set up a company to mine pixie dust and I estimate my pixie mine will cost $1 billion and will be operational in 20 years. If you think pixie dust mining simply isn't viable then you will attach zero or little value. If interest rates plummet I don't think that changes your valuation as you are concerned that the pixie mine may be worthless irrespective of the cost to finance and the claimed returns.
No offense but you have to try to be more self critical and objective of your investments. The trade industry representitive is clearly going to give you the most upbeat interpretation of the facts but they have little more insight than you or I. The market thinks this sector stinks. Don't brush that aside because the sector marketing lobby says otherwise.
Anyone else surprised to learn that formo's 1st foray into the paying market looks like it'll be eggs? Maybe that's some niche German cheese.....but I think it's just eggs. Glad to see that they are focused on a core strategy which is well communicated.