Member Info for RyeSloan

Thanks MB very interesting. BlueNalu is defo on of the jewels in the ANIC crown and seems well on its way to commercial production. IF they can achieve that then they might make Beyond Meat look like a tiddler! With 6% of the issues capital it’s not hard to see how that could be worth many hundreds of millions to ANIC in a relatively short space of time.

All conjecture at this stage of course but boy the blue sky here is just unbelievable!

The BBC has an article on Solar recently and looking at the Solar website they are targeting commercial launch end 2021 so I’m with you on the desire for ANIC to get a piece of this action in the upcoming A round. And of course a share of the projected $1bn revenue Solar are forecasting for end 2022!!

Yet a lot of the coverage is on the plant based alternatives. Which is fine as it drives the overall narrative but completely misses the point in that these alternatives are far from perfect and in themselves need intensive agri to supply the ingredients...ultimately then they are not going to solve the problem and actually might just end up niche once lab grown comes to the fore. As another posted has suggested the vegan market is actually quite small (although defo growing), once people understand the massive environmental benefit of lab grown then you can easily see that being a much bigger story.
So I’m convinced we are just at the very start of a huge revolution here and the speed at which ACIN has moved back to a huge premium to NAV suggests I’m not the only one!!

LSE is not the only source of an RNS. Just go to the London stock exchange website instead or subscribe to a free service like InvestEgate.

Yeah very happy with this. BluNalu seem to be the real deal. And yes their website is worth a perusal, if for nothing more than to see the huge potential in this sector.

Any audit of the holdings would assess them based on, amongst other things, the price achieved via find raises. Ergo the book value shown for the investments to date are probably inline with what any auditor would come up with.

Also these investments don’t need to fully mature to gain value. We have already seen one of the investments raise money at a higher price than what ANIC paid initially. As the investments (hopefully!) progress through their fund raising rounds then IF these are also at higher prices then the NAV will rise accordingly. I see this fund raise as very good news. Clearly they believe there is money wanting to come into the sector which bodes very well for their investments also backing ‘hot’ money as we go through the funding levels.

It’s also clear that ANIC are getting in at ground level on a lot of their stakes. That of course increases risk but also hugely increase ms the potential upside.

You either trust the BOD that they can spot a winner or you don’t...not for the faint hearted that’s for sure but in no way will you have to wait years and years to find out if some of the companies they are backing are adding value or not.

A completely nascent, game changing area that for me is well worth the risk as a small blue sky punt

Ahh got ya, thanks. Not had the ability to follow the exact moves re Woodford so only saw the RNS here.

The question is where did they go?!?

Ahh so they have...thanks, didn’t read that far down the RNS on first glance.

I see they also expect the new entity to have €8m of revenue opportunities immediately due to existing contracts through GVC. Which only underlines the rationale for this move.

How the market moved this down this morning yet the placing RNS didn’t hit until 2:21pm....almost like someone knew something ahead of the market news...

Anyhow, placing seems to be away already and at a pretty decent discount. I assume we know already who will have bought the shares!

Seems a pretty sensible strategy and a good partner to have on board with acquisition. Greysorber has always looked like the most likely route to proper revenue so pleased to see them progressing ideas on that front.

Absolutely. That’s what start ups do!

The key point for ANIC is that this funding round was done at 3.2x the value of the last. So not only does that give a nice paper profit of $0.5m in a year on the original investment it suggests that BlueNalu have added a huge amount of value in that period (in other words have burnt that cash wisely!)

Bang on the money Trek. 20% TR1 reported..

I reckon WEIF held about 200m shares in TRX...that's one hell of an overhang to clear! You would hope the BoD are trying to organise an orderly transfer to other II's but those largish round trades smell of Woodford selling down into the market. Defo one to keep an eye on as continued dumping will push the SP substantially below fair price (and probably already is) so for anyone looking to hold long term then there may well be an excellent buying op at some point. Quite when that will be of course is another question all together...

I've followed this stock loosely for quite a while after seeing it tipped on another board. I've never bought in thankfully and boy am I glad about that! Thing that gets me here is the RNS from April could hardly have been more positive....quite how companies and their directors get away with peddling pure lies through an RNS then two months later saying something completely opposite and dumping the stock down the toilet I have no idea. Crooked is only the half of it!

What I'm not quite getting is the SGRF and Hanwa financing. PS states this is still on the table and sees it as part of the overall package. Yet we know it was conditional on the capex required being raised and, as far as I can tell from the RNS at the time, was considered an equity investment. Quite how $90m is being proposed to be raised in equity when 30% of the company has been sold for £14m and 22.5% of the project for £7.5m I'm a bit lost on.

That said I like the Ganfeng connection, see huge benefit in reducing our capex exposure and getting their expertise on board and even see why doing so may be worth the low SP that the investment has been proposed at.

But PS has STILL not been fully clear on the financing as a whole and therefore what future dilution may occur...hopefully that will come out once the Gangfeng deal is finalised and we can then FINALLY get on with getting the mine built and the SP providing some respite and return to the LTH's

Trekknowlogy...that made me laugh ;-) Looking good here with the recent push on the SP. Best thing is the mkt cap is still tiny so plenty of upside avaialable.... Certianly mixing with the right people now as well as having a seriously interesting product pipeline so defo seeing this a a blue sky share. Sure there is plenty of reasons to wonder and plenty of jam tomorrow thoughts but hey that’s what blue sky shares are all about!

My turn to highlight the fact that the 170p mark has been reached...every other time someone has posted that the SP has promptly retraced so let’s see if I have any better luck ;-)

It’s really quite an impressive list of collaborations and development with some absolute monster game changers in there. Would be good to see some more commercial agreements this year to bring revenue up further but none the less this company clearly has the potential to absolutely boom higher and the BoD seem to be very clear on the direction of travel and their strategy. We also have the new shareholder ‘synergies’ to explore this year which is just another avenue of untapped potential which could lead to success. Very happy to hold here and look forward to some positive news flow across 2019...

Ach well fair enough. Not sure why but I expected a confirm RNS rather than leaving it as ‘expected’.

From what I can see the placing shares have still not be admitted to the exchange. Certainly no RNS to say so which strikes me a bit odd.