The investment to replace the volume of milk in NZ will be tens of billions, just for the fermentation tanks. Never mind they still have to have capital invested in driers.
Lol Precision fermentation has been forecasting the decline of dairy for more than a decade, and they have yet to make any real volumes. They have made a fortune in startup funding. Perfect Day will be going under shortly. Maybe drongos will keep throwing ...
A decade ago it failed to see the competitive edge of A2 milk and could have bought it out. Hows that business doing? It must be doing really well considering the amount of press on it. Never mind fonterra was involved in A2s beginings but didnt believe ...
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