Agronomics Share Discussion Threads

[halfpenny] 08/2/2024 13:34

WoW!!

TODAY ITALIAN Farmers block the roads and are Protesting Against Lab Grown Meat Products.

Does this spell the End of ANIC??

Too Risky as EU will now be against ANIC products.

[1chrism] 07/2/2024 10:46

More ground breaking in precision fermentation (non ANIC). News flow on company inflection points in cell. ag. Industry is becoming a daily occurencehttps://www.greenqueen.com.hk/yali-bio-breast-milk-fat-opo-precision-fermentation/

[1chrism] 07/2/2024 08:43

This is where the big leaps happen in lab meat; in creating media that will be cheaper and more efficient at scaling. And on that note, a leap forward (non ANIC):https://agfundernews.com/more-meat-more-quickly-profuse-technology-unveils-non-gm-cell-lines-for-cultivated-meatThis is possibly the third bit of big news this week; California Cultured, Bond Pet Foods and Profuse (two are ANIC investees)

[1chrism] 07/2/2024 00:02

Update on ANIC company California Cultured (they make chocolate). Scaling test has not only been a successful but doubled expectations. Regulatory approval pendinghttps://youtu.be/uLP8TmBw-D0?si=klh0pkMCPnRJb3nK

[1chrism] 07/2/2024 00:02

I would agree had ANIC not issued the RNS. It is not a dealbreaker for me, but it does feel a bit ridiculous to even suggest the buyback under current macro climate.

[rat attack] 06/2/2024 18:24

1chrism - It is not in he Company's interest to undertake buybacks whilst funding its portfolio companies. It was merely a sop to try and focus minds on the discount and encourage bargain hunting!! To quote the directors: "There is no guarantee that the Buyback Programme will be implemented in full or that any purchases will be made". Personally, I would rather the cash was retained to fund investor companies as, in all probability, they would be in no position to raise additional cash. Others may disagree.

[1chrism] 06/2/2024 15:54

Even Im starting to irked on the buyback scenario. But it doesnt change the fact that the ANIC is starting to take off.But the reqction to today's news is a headscratcher. Some big buys but the share price is going in the opposite direction of the good news.

[quepassa] 06/2/2024 15:28

Two-thirds of the way through the six month £3million Share Buy Back Programme and ZERO purchases.

Start date 2/10/23
End Date 2/4/24
Amount £3m
Purchases ZERO


Actions speak louder than words.


all imo. dyor.
qp

[1chrism] 06/2/2024 09:37

Another precision fermentation company (non ANIC), has received a no questions letter from Canadian food standards and will be selling it's milk in Canada in due course:https://youtu.be/LWWfobUw59M?si=IJjYAdhvBGWNLgla

[1chrism] 06/2/2024 07:16

Bond Pet Foods goes commercial:https://vegconomist.com/company-news/bond-pet-foods-hills-pet-nutrition-milestone-fermented-meat-proteins-pet-food/

[halfpenny] 05/2/2024 20:07

More faaallllssss wot a risky fund no cash!!!

[1chrism] 05/2/2024 17:37

Steakholder foods (non ANIC) first commercial deal for their 3d lab meat printerhttps://www.prnewswire.com/news-releases/steakholder-foods-announces-first-private-sector-commercialization-deal-valued-at-several-million-dollars-302053268.html

[1chrism] 05/2/2024 08:00

I am grateful to you for supplying a robust argument. It is all too often rare in here. I also wish I was misguided but I think in this case I have just not quite explained my point efficiently.On point 1; I think across the board, the funding into cell. ag. is woeful. But, when it comes to lab meat, it is less one sided.If the government gave a lab meat company a blank check I think would also have to give them a blank deadline for commercialisation. It is the case that no lab meat company has cracked price parity amd so commercialisation would be unwise at scale. The main challenge is for lab meat companies to get the price of the media (liquid in which the meat grows) down sognificantly. This has not happened in a way that would make sense for a groundbreaking input of gov. money. And this relates to your Moore's law point which I will come to.I also think this covers your second point; insofar as lab meat taking up the pages of the daily papers. Precision fermentation companies and in particular Liberation Labs have cracked the code for mass upscaling and will be the first cell. ag. companies to supplement traditional farming.And finally your note on Moore's Law; the idea that efficiency doubles over a two year period (and was adopted as the central theme in Mellon' book, 'Moo's Law'). Well this comcept when it comes to cell. ag. Is simply not true. Meatly, for example got the cost of their media down from around £700 to just under £1 in a year. So happily on this note Mellon got it wrong, the industry is charging ahead. Amd this is the only thing that gives me pause to say; I hope you turn out to be right.

[quepassa] 04/2/2024 14:22

You miss the point.

1. The total amount of money which the UK Government invests into this vital and important new sector is derisory. And the individual grants(mostly administered through UKRI)are even more so.

2. I would strongly disagree that the cultivated or lab-grown meat sector is "just a distraction" and that the only game in town is precision fermentation.

I remain quite convinced that Moore's Law will apply to CellAg just as it did to other industries where incremental gains from experience in production will exponentially increase the volumes of lab-grown meat over time.

ALL IMO. DYOR.
QP

[1chrism] 04/2/2024 12:34

I agree, there is a twinge of frustration about the amount. However, it is useful to put it in context of the lab grown meat landscape under three lens.Scale: there are no companies that have the capacity to scale operations at a price point that matches slaughtered meat. This I think adds a hesitancy to the scope of fundraising. £250k x4 would have been a great headline, but Im not sure they would have been able to spend it in a commercially useful direction.Funding: a lot more of it coming out of the woodwork and very quietly the UK is stealing a march. The EU (Nederlands aside), have curiously taken a medieval approach which will be frustrating for trailblazers on the continent but makes UK funding interesting in terms of commercial promiseMarketing: I also count public opinion in this. As we have seen in here there are some knuckle draggers who are more comfortable like a light switch (e.g. yes/no, on/off). Yet the only reason this thinking has any prevalence is because there are no lab grown meat companies that can provide scale or price parity. When that happens, no doubt, there will be a whole lot more wedge spent on helping those who are less able, catch up.I am enjoying the lab meat narrative and it may be a very different landscape in 20 years time, but it is a distraction. Precision fermentation is the big bang for cellular agriculture and Liberation Labs turns on the light switch in 2025.

[quepassa] 03/2/2024 07:47

Size of Grant .

A mere £250,000.

That's the problem with UK Innovate. They give out pretty small-size awards - and a lot of it goes to university research. Additionally, the delivery criteria and stage-payment milestones for the awards are extremely burdensome and time-consuming for grantees.

This is an article from the UK Research and Innovation (UKRI) website about the £15.6million Fund and who got part of it.

It is pretty depressing stuff. More like small ticket research funding than supporting growth companies.

hXXps://www.ukri.org/news/15-6-million-boost-for-low-emission-food-production-systems/

It goes to the heart of the problem in the UK - that the Government is really not putting much in the way of meaningful resources or financing in place to support this burgeoning important sector. The UK government needs to do a lot more.


It also highlights the vital importance of the private sector -like ANIC- in backing and funding the sector.


ALL IMO. DYOR.
QP

[1chrism] 02/2/2024 21:08

Campden BRI (non ANIC) wins share of an investment fund to create their bioreactor process which will help companies produce meat using significantly less medium. Medium is the stuff in which the meat grows and is the expensive part of the process. Many ANIC companies have slashed medium costs by over 90% in the last year (Meatly and Mosa for example), however they need to cut by a further 90%+ to gain price parity.Campden BRI project is a key to unlock that door and great newshttps://www.foodmanufacture.co.uk/Article/2024/02/02/campden-bri-secures-share-of-15.6m-investment-fund-for-cultivated-meat-project

[halfpenny] 02/2/2024 17:43

Hmmm another Dead Cat Bounce...be aware!!

9p target Fall as too Risky at this level

[1chrism] 02/2/2024 16:48

Anyone else watching the volume today. 400k+ at 10p. I know there are a couple of fundraisers ongoing at the mo, hopefully an rns on the horizon

[1chrism] 01/2/2024 22:26

Article in Nature, the highlight being that cellular agriculture could spearhead the reduction of greenhouse gases by 52% by 2050:https://www.nature.com/articles/s43247-024-01227-8

[1chrism] 01/2/2024 16:16

Big beef it would seem are now going into the school system (on the, clean up your image ticket). Added to the fact that a record number of beef corporates flooded COP. No doubt there is a huge worry about the potential efficiency of cultivated meat. Yet lab meat as a competitor of the big slaughterhouses is a long way off. Still encouraging to see the reaction, gives me a little confidence in our nascent ANIC.https://www.wired.com/story/beef-industry-school-education/

[halfpenny] 01/2/2024 12:08

ANIC too Risky at these levels!! No Profits!!

Show me the money ?

The trend is now for Real Meat as it is growing fast.

Beyond Meat a disaster!!

Even the Plant based food also collapsing as CEO's of THIS now step down!!
No Profitability like ANIC!!
Show me the money?

[halfpenny] 30/1/2024 18:59

Wot don't you like about BLUE STAKE!!

Shame on you not supporting the ECO system.

Everybody likes RAW food in Japan. YUM!!

Nobody likes ANIC its false stuff, get the Real Thing !!