Believer Meats update on their factory which will produce 10k metric tonnes when complete.
Discount increases on share price. NAV up from 16.48p to 16.90p between September-December 2023
Japan puts a timeframe on legislation for approving widespread sale of lab grown meat. Approved by 2026. Considering a tranche ANIC investees will be turning on the machines in their factories across 2025, this seems to be a well thought out timeframe
ANIC on investee presentations. Meatly up first. Very encouraging considering the company are looking to scale into commercial production
Agronomics Limited - Capital Markets Portfolio Company Presentations #ANIC @AgronomicsLtd Agronomics Limited - Capital Markets Portfolio Company Presentations - Vox Markets #voxmarkets
Been keeping an eye on these for a while. Maybe time to jump in soon given the recent fall. You seem well invested ? An lonely in here
Haha, kind of you to offer to invest just to keep me company.
Clearly I’m biased. Effectively ANIC invest in four areas: food for humans and animals (Meat, milk, cheese, chocolate), scaffolding (media used for growing food and microbes used to create the media), clothes (leather and cotton) and energy (hydrogen).
If anyone wants to invest in public company in cellular agriculture across the board they have no option but ANIC.
The only argument against cellular agriculture is an article written by academics at UC Davis (non peer reviewed) focussed only on lab meat that questions scale and ethics based on the use of foetal bovine serum. A process that was outmoded four years ago and is not used by any ANIC investees.
Lab meat is the headline but we are still two to three years off real momentum. Yet precision fermentation will be the big first win. In 2025 Liberation Labs opens and will immediately change what is possible for companies working in precision fermentation. Im always happy to hear pro and dissenting voices. There is yet to be a pragmatic argument that underlines either why cellular agriculture does not work or pinpoints something that ANIC investees do not already say. Yet it is a nascent industry and ripe for hysteria (e.g. Ron deSantis). So the share price will continue to bounce up and down on press articles speculating on potential or the crazy right/left wing politicians wandering the earth looking for a headline.
At present the share price is 45%+ discount and on commercial trajectory I suspect no uptick till September when Mosa, Liberation Labs, Blue Nalu and Meatly will start talking about offtake. Until then, the discount is on!
Haha so welcome. Will do some more reading an keep reading what you post. Educate myself a little.
Another milestone. California Cultured (CC) agrees a 10 year deal with Japan’s biggest chocolate producer. CC is a cellular agriculture producer of cocoa powder (ANIC investee). This is the first decade long agreement for any cellular agriculture company of any kind.
A review of the California Cultured (CC) deal with Meiji (largest chocolate producer in Japan) with some words from CC’s chief.
Article on precision fermentation, mentions Onego bio (ANIC) investee.
Tufts university are now able to create beef cells that create their own growth factors. This wil reduce cost of media (solution in which meat is grown) and speed up growth time. Growth time is already vastly outpacing slaughtered meat. For example, at Meatly it takes around a week to produce slaughter free lab grown chicken.
Behind the paywall. Also, when the headline says all europe it actually means Italy and sort of France
Modelling two future of food tech. One scoping current trends and practices remaining the same means malnutrition and food tech being the cause of a third of global emissions (as it is currently).
The food transformation model shows that new tech can eradicate malnutrition and become a boon in the economy for 400million+ farm workers.
ANIC remains at 45%+ discount for investors to enjoy.
Looking like Japan is gearing up to follow Singapore and legislate on cellular agriculture. Considering the recent government noise and Mitsubishi signing an MOU woth BlueNalu (going commercial in early 2025). And now this survey indicating that 42% would try cultured food. Added to fhe fact that CellX (China), Liberation Labs (US), Mosa (Nederlands/Singapore), are all turning on the machines in their factories in early 2025, we have another 10 months of discount on the share price to enjoy.
How does the discount work/ apply if that makes sense. Do you get more shares for your money or is share price reflective of that( although that doesn’t seem likely )
Thanks in advance
So effectively Im referring to ANICs Net Asset Value (NAV). Minus liabilities the value of all ANICs portfolio is currently around 16p per share. Taking this as fair value it represents around 45% discount on current share price which is 9.4p.
It is going to be early 2025 until any of ANICs companies go commercial in a meaningful way. I expect the discount to persist until next year. It really is a long term play. Im talking 20 years. But the portfolio is fantastic. All companies that are going commercial in early 2025 have great MOUs on place. The risk obviously is legislation, but of course not for precision fermentation and the most promising Liberation Labs.
And as if to underline the point about precision fermentation. Vivici (non ANIC) get approval for their protein:
Precision fermentation will be the aspect of the ANIC portfolio that blows first. And because it is a process that has been used by big pharma companies since the 70s you are less likely to see lacklustre right spending their donors cash on fighting legislation.
From NYT: The revolution that died on its way to dinner: The End of the road for the cell meat sector:
“Interviews with almost 60 industry investors and insiders, including many who have been employed by or been part of the leadership teams of these companies, reveal a litany of squandered resources, broken promises and unproven science.”