Biome Technologies Share Discussion Threads

[slicethepie] 25/1/2021 20:54

Previous role was at filtronic

[slicethepie] 25/1/2021 20:53

The new fd has history he did similar at his previous job fd to ce. That is a bigger company so he is arguably well qualified for the role. I also wonder if the two biggest shareholders are getting a little impatient, I did note they accepted some dilution at the recent raise which was surprising given how low the price was.

[begorrah88] 25/1/2021 15:33

Spot on with your summary of Mines not being a businessman but can't see the recent CFO changing anything as Biome have always recruited finance directors who toe the company line to keep the gravy train rolling.

[slicethepie] 25/1/2021 14:54

Have to agree, I love what they are doing and this is incredibly cheap IF they can exploit the £6m plus of capex/ ip they have done over the last 5 or so years. Unfortunately I don't think they get it and are taking a scientific approach to running the business as opposed to a business one. Surely you start licensing the ideas if they are genuinely good and have worldwide appeal. For me the sticking point is the way I was treated in the last fund raise having provided risk capital to them over the recent years. The only ray of hope is that the new fd is quite ruthless and will see a way to make this work, I suspect he will boot out mines on route.

[pugugly] 25/1/2021 10:50

Far too illiquid and massive spread - Virtually uninvestible unless prepared to hold for 5 years plus (imo)

[thordon] 22/1/2021 22:09

Was subdued interview, but in five years time or seven could be a monster of a prize.
Its one to put in cupboard and look at later.
Love Biome , needs the Bio plastic to be flexible until then restricted.

[begorrah88] 22/1/2021 08:14

He does his best to try & seem excited because the timescales he mentions (....should bio-degrade between years 5-7!) means these trials/grants should comfortably see him through to retirement.Same old, same old.

[marmar80] 19/1/2021 23:50

Equals to a new cost. Hope this will generate some revenue too

[michaelmouse] 19/1/2021 15:32

Three new appointments. Note the focus on North America.

[thordon] 17/1/2021 23:31

vaneric1 you are correct but Biome did research this area but failed in end product as did not bio degrade in the set period of time.
This is the second period nearly 5 years later ( have to double check off memory ).
This time using tree pulp

1st stage 3 months - will the product not degrade during its period of tree growth - answer it past

2nd stage - ( from memory ) 6 to 9 months will it degrade.

3rd stage - ( from memory forgotten )

Could look up but late at night

[vaneric1] 16/1/2021 21:00

Didn't they have those tree protectors years ago?

[1pencil] 14/1/2021 19:43

It looks as though both are still onboard which is encouraging, will take a better look over the weekend, thanks for replies.

[jmf69] 14/1/2021 15:18

From a presentation a few years ago, I believe there are 2... San Francisco Bay coffee http://twitter.com/SFBayCoffee/status/1349730756487045123?s=19And Camerons coffee http://www.cameronscoffee.com/

[1pencil] 14/1/2021 15:05

Thanks, missed that line, it would be handy to know over what duration they breakdown and/if any residue.

Have they made public who their US customer is for coffee pods?

[michaelmouse] 14/1/2021 14:14

Yes they biodegrade in place if not collected. It really is worth researching this company in detail. Given the current focus on all things environmental, Biome are in a sweet spot for their Biodegradable solutions:-



"These shelters will be designed to provide protection to growing trees, not hinder growth as trees reach maturity and biodegrade if not collected."

Yesterday's announcement was more significant than meets the eye, and it's worth a look at this video which includes info about the next stage field trials (20,000 shelters) and the desire from their client, Suregreen, to leave a lasting environmental legacy.



Tree shelters alone would be a huge market for Biome, but it shouldn't distract from the accelerating penetration of their products into the USA.

[1pencil] 14/1/2021 13:36

Do these new bioplastics breakdown in place, or do they need to be collected along the lines of existing tree shelters for dedicated composting plants?

'Traditionally made from oil-based and non-biodegradable plastics, the majority of such shelters are never collected and eventually litter the environment with microplastics.'

[jmf69] 14/1/2021 11:07

20k shelters for the next phase

[amt] 14/1/2021 07:08

Great work by Biom team, well done in producing such great products to help save the world.

[marmar80] 13/1/2021 08:42

Well, me too tbh

[mjb252] 13/1/2021 08:37

I want to give Biome the benefit of the doubt in regards to historic opportunities - it's regulation that will drive the true opportunity here (no ordinary company will pay a premium for packaging where it doesn't currently need to) and I think it's coming. I just want Biome to be in the game for the different opportunities

[begorrah88] 13/1/2021 08:10

Looks like someone has tightened the screw on Mines & these endless, unproductive grants.Where are the results? 'Oh, well we've kept this bit of, sort of bio type plastic, in the cupboard for 3 months and it seems ok' 'can we keep getting grants if we say there is a big market?'When haven't Biome had a massive market to aim at?It is Mines inability to commercialise anything that is, and aaaaaalllllwaaays has been, the problem.

[mjb252] 13/1/2021 08:05

Don't get me wrong trees (and coffee pods) are indeed scalable oops but I'd like to see more plastic fingers in more plastic pies - and evidence of it in Their statements - it's such a big potential market

[amt] 13/1/2021 08:02

Looks like a huge market.