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Burcon NutraScience Corp T.BU

Alternate Symbol(s):  BRCNF

Burcon NutraScience Corporation is a Canada-based technology company. The Company is engaged in the development of plant-based proteins for foods and beverages. The Company has a patent portfolio covering its specialty plant-based proteins derived from pea, canola, soy, hemp and sunflower seeds, among other plant sources. The Company is involved in the production, sales, marketing and distribution of pulse protein ingredients, including Peazazz and Peazac pea proteins and its canola proteins, Supertein, Puratein and Nutratein (collectively, the Products). The Company's subsidiary is Burcon NutraScience (MB) Corp., which is engaged in the research and development.


TSX:BU - Post by User

Comment by DealDoneon Mar 17, 2022 6:50pm
157 Views
Post# 34523588

RE:RE:RE:Who wants to take a stab at this...

RE:RE:RE:Who wants to take a stab at this...Summer001, you always ask others to back up their statements/financial projections, then you make a bunch of statements with no backup.  I ask you:

1.  "Production capacities [at Merit] are not yet fully utilized".  I heard that they were producing at around 85% capacity a month ago. That means 85% capacity less than 2 months after certification of the plant. That seems like a good start to me. What are you hearing and from who?

2.  "Doubts about the product benefits and the technology are arising".  That's the kind of statement you seem to hate when someone else makes it.  Explanation and/or source please.

3.  "Expansion is questionable".  Where does that come from?  The plant was built so that capacity could be expanded (doubled) quite easily.  If you are producing ~85% of capacity less than 2 months after certification, why would expansion be questionable?  Reasons could include; (i) you can produce more, but you can't sell it, (ii) you have a shortage of something (raw material, labour, etc.) that could limit production, or (iii) you have no cash to expand. What are you seeing here? Please explain. 
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