Roots releases exceptional pilot results
Hey! Looks like you have stumbled on the section of our website where we have archived articles from our old business model.
In 2019 the original founding team returned to run Next Investors, we changed our business model to only write about stocks we carefully research and are invested in for the long term.
The below articles were written under our previous business model. We have kept these articles online here for your reference.
Our new mission is to build a high performing ASX micro cap investment portfolio and share our research, analysis and investment strategy with our readers.
Click Here to View Latest Articles
Roots Sustainable Agricultural Technologies (ASX:ROO) has released results from its recently completed pilot test.
Traditional summer basil plants were heated on average five degrees warmer versus control plants using the company’s patented RTZO technology. The process increased yield and average plant size by 66 and 35 per cent respectively.
At the same time, it’s worth noting that this is an early stage play and investors should seek professional financial advice if considering this company for their portfolio.
Basil winter pilot returns, 12 plants in each box
The winter pilot was conducted over 39 days from December 2017 to February 2018 on a 50-acre organic farm in the Carmia region of southern Israel.
The successful pilot of basil, which is seldom grown outside of summer, shows the increased benefits of ROO’s RTZO technology for farmers in widely variable climates.
Basil winter pilot, heated plants compared to unheated plants
ROO CEO Dr. Sharon Devir spoke on the promising returns of the test, “This pilot proves that heating the roots zone on cold nights allows farmers to grow basil in winter and that heating this root zone improves plant growth rates and increases the crop, therefore increasing profitability for the farmer by allowing them to extend their growth periods with relatively low energy costs and gain premium prices for produce.
“Being a summer crop, basil needs high temperatures for normal development making it prohibitive to grow in winter in many parts of the world.
“In the Carmia region the rise in energy prices for heating greenhouses and decrease in returns meant many farmers abandoned basil in favour of other crops – the farmer in the pilot had not grown basil for these reasons.”
Devir also indicated that the company was working through the early stages of avocado tree growth via its RTZO system.
“This will take place in a plantation in a relatively cool area of northern Israel – Kibbutz Eilon. For four months the roots of mature avocado trees will be monitored and physiological variables such as absorption of imprints, quantity of phosphorus, ripening and growth rates will be measured.”
General Information Only
This material has been prepared by Jason Price. Jason Price is an authorised representative (AR 000296877) of 62 Consulting Pty Limited (ABN 88 664 809 303) (AFSL 548573) (62C), and a Director of S3 Consortium Pty Ltd (trading as StocksDigital).
This material is general advice only and is not an offer for the purchase or sale of any financial product or service. The material is not intended to provide you with personal financial or tax advice and does not take into account your personal objectives, financial situation or needs. Although we believe that the material is correct, no warranty of accuracy, reliability or completeness is given, except for liability under statute which cannot be excluded. Please note that past performance may not be indicative of future performance and that no guarantee of performance, the return of capital or a particular rate of return is given by 62C, Jason Price, StocksDigital, any of their related body corporates or any other person. To the maximum extent possible, 62C, Jason Price, StocksDigital, their related body corporates or any other person do not accept any liability for any statement in this material.
Conflicts of Interest Notice
S3 and its associated entities may hold investments in companies featured in its articles, including through being paid in the securities of the companies we provide commentary on. We disclose the securities held in relation to a particular company that we provide commentary on. Refer to our Disclosure Policy for information on our self-imposed trading blackouts, hold conditions and de-risking (sell conditions) which seek to mitigate against any potential conflicts of interest.
Publication Notice and Disclaimer
The information contained in this article is current as at the publication date. At the time of publishing, the information contained in this article is based on sources which are available in the public domain that we consider to be reliable, and our own analysis of those sources. The views of the author may not reflect the views of the AFSL holder. Any decision by you to purchase securities in the companies featured in this article should be done so after you have sought your own independent professional advice regarding this information and made your own inquiries as to the validity of any information in this article.
Any forward-looking statements contained in this article are not guarantees or predictions of future performance, and involve known and unknown risks, uncertainties and other factors, many of which are beyond our control, and which may cause actual results or performance of companies featured to differ materially from those expressed in the statements contained in this article. S3 cannot and does not give any assurance that the results or performance expressed or implied by any forward-looking statements contained in this article will actually occur and readers are cautioned not to put undue reliance on forward-looking statements.
This article may include references to our past investing performance. Past performance is not a reliable indicator of our future investing performance.