We ll just have to see I guess Gian - I'm encouraged by the pipeline business and let's face it, a bit of inflation and food prices have been jacked up like there's no tomorrow.
With the pressure of imminent government pressure on the industry the cost of salt even at 2/3/4 x the cost will be very small per unit imho, especially when factoring in, no risk to existing customer bases or disruption to the manufacturing process.
I would expect some major contracts to be announced on Microsalt over the coming weeks/months. Price is holding up nicely and I expect it to advance.
TEK now valued lower than it's holding in Microsalt, but it's had a steep rise. I'd expect and hope the SP kicks on again soon.
Probably worth pointing out again (because it s often overlooked) that you only need half the amount of salt to produce the same taste. Therefore you've got a 50% discount when manufacturing by default. I know it's obviously but any negative slant refuse to take this into account, when in reality it really needs to be factored in.
Then you get the application process (this applies to snacks (coverings only). One application due it's sticky consistency is enough whereas this process is generally repeated twice. That's another 50% discount right there so the cost of Microsalt to manufacturing starts off with an immediate 75% saving. Not sounding so expensive now is it
It's all in the presentations which loads of waffle refuses to watch/listen too for some unknown reason, in spite of maintaining the pretence that he's invested here.
Very informative Pikeman and thanks for trying, but you won't get anything through his skull. It's about 12 inches thick all round. He's been beating this drum for as long as anyone can remember
B) How many large scale companies will feel a price premium is justified versus cheaper potassium chloride containing alternatives from Saxa and the like?
Errrr. Everyone who needs to reduce salt in their well established products in order to meet government guidelines without changing the taste.
How many times do we have to do this
& the market cap still lagging behind Microsalts by 2 or 3 million -
Lucyd, Bell, Guident free. 20p by the end of the week at this rate and that angle note needs to be rewritten. I reckon it's more like 30p with the double upside (macros)
GLA
I'm with CM - This is great news for SALT and TEK holders alike - It really is. I know there's a lot on here with one foot in each camp and there's nothing wrong with that at all. Good luck to everyone.
TEKs sp will catch up though, as it did before so right now I'd say SALT is a good buy and believe me I want as much beef on it as possible for when I get my shares next year but TEK is the better value.
It's a daft argument really but I'm glad we're all discussing this because it means it's all going the right way.
Have a good evening folks
Just one sniff of an election and this will lose 50 to a 100 pips overnight Scored. If it steams through 390s into the 400s then not for shorting but if it's struggling I'd be tempted.
Anyhows GL with it if you're here scored. I remember you from the STX days. You're a good guy
Bordering on pathetic now. Angel have basically come out with a note akin to what we've been saying on here for months, and that applies to the double upside. When things are looking up across the board it will be exponential here with a portfolio of 4 companies and the low valuations.
Yet here he is again, Ramping HAT on here at £4.40 a couple of months back and suggesting everyone sell out because potassium chloride it the future. He's definitely sold out. He's been topping up on HAT for ever so why would you stick with this.
Complete Muppet
Thanks CM & Clenched.
Already out of date if you factor in the healthy start that Microsalt made but I'm not complaining. If Microsalt land a few decent contracts and Guident brings something to the table soon the Sp will recover nicely.
Looking positive
Afternoon IP3LY. Thank you very much for relaying this info. More or less as I thought. It's ok with me as long as the sp ends up higher than the float price by a year on. Looking good so far !
Did they give any info on whether we will actually see physical shares that we can trade as we see fit, and if so when. I only ask because if you haven't I'll message them at some point. Doesn't seem much urgency at the moment given the lock in.
Thanks again