TGH - Terragen Holdings

[System]

Terragen is an Australian developer of ag bio solutions whose core technology platform addresses soil health, plant productivity, animal health and animal nutrition without relying on chemical-based fertilisers, pesticides and antibiotics. Terragen develops, produces, and markets biological products for agriculture.

With a commitment to a science-based approach to microbiome research and development, the Company has successfully created natural, biological solutions to some of the problems facing farming. In particular, Terragen has commercialised two products, Great Land, a soil conditioner containing live microbes and Mylo®, a live microbial probiotic feed supplement.

It also has two additional products classified as veterinary medicines under development:

(a) Lactolin, a teat conditioner to maintain and improve the udders of lactating production animals; and

(b) Halo, an anti-inflammatory product to assist dairy cattle with mastitis and companion animals such as dogs with mobility impairments.

It is anticipated that TGH will list on the ASX during December 2019.

http://www.terragen.com.au

 

[Dona Ferentes]

gets a vid in TEK series

Thorney Technologies (TEK) – Thorney

www.thorneytechnologies.com.au

since listing, daily:

 

[Tommy Shelby]

Downhill ever since to $0.033 at last close - $6m MC

Pretty interesting concept and company - reducing methane emissions from cows while also providing supplements for cows/calves for dairy operators.

Sales have been flat - only up 1.8% PCP which may have something to do with the weather from last year? Geographically it looks like the majority of sales come from Daries in VIC/SA. Not sure how much if any sales are coming from NZ

Costs down 8% but cash burn at $4.4m PA vs cash of $4.4m last quarter = 12 month burn rate before a cap raising.

The major opportunities for the business are the

Increase sales of MYLO and the launch of Dry MYLO which will allow:

• Export/distribution globally = global distribution partner
• Aus beef feedlot sales

No timeline or indication of when Dry MYLO will be approved/successful to launch to market.

Management have burnt through a lot of cash over the last two years with very little visible progress or evidence to validate the investment. Which makes it hard to forecast if they're able to pull off the turnaround they need to.

 

[farmerge]

Downhill ever since to $0.033 at last close - $6m MC

Pretty interesting concept and company - reducing methane emissions from cows while also providing supplements for cows/calves for dairy operators.

Sales have been flat - only up 1.8% PCP which may have something to do with the weather from last year? Geographically it looks like the majority of sales come from Daries in VIC/SA. Not sure how much if any sales are coming from NZ

Costs down 8% but cash burn at $4.4m PA vs cash of $4.4m last quarter = 12 month burn rate before a cap raising.

The major opportunities for the business are the

Increase sales of MYLO and the launch of Dry MYLO which will allow:

• Export/distribution globally = global distribution partner
• Aus beef feedlot sales

No timeline or indication of when Dry MYLO will be approved/successful to launch to market.

Management have burnt through a lot of cash over the last two years with very little visible progress or evidence to validate the investment. Which makes it hard to forecast if they're able to pull off the turnaround they need to.

View attachment 155280

To be on the safe side i always make sure my bovines are facing the bonfires with their heads and not their rear ends.