Coffee with Samso - Wide Open Agriculture Limited (ASX:WOA) - A Superfood Story—Lupin and Lupin Protein Isolate.
Release Date: 04/02/2025
Coffee with Samso
Coffee with Samso — with Dr Tobias Schlegel, Senior Research Scientist, CSIRO We're back at Samso HQ at the University Club, on the UWA campus in Crawley, and this is a conversation that has been a few years in the making. I first came across Tobias Schlegel at an IOCG workshop in Adelaide. He was up the front talking about how these deposits actually form, and I remember thinking, I need to talk to that guy. It has taken two or three years, but here we are. Tobias is a Senior Research Scientist at CSIRO, where he has spent close to seven years, and he has been working on Iron Oxide Copper...
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There are discoveries that change a region's prospectivity forever. The Challenger Gold Mine in the Gawler Craton is one of them. In this episode of Coffee with Samso, I sat down with David Edgecombe, the geologist who was instrumental in the discovery of the Challenger Gold Deposit in outback South Australia. David is not simply a man who happened to drill a good hole. He is a geologist's geologist — one who understood the rocks, trusted the science, and applied a methodology that was, at the time, genuinely groundbreaking in this part of the world. At 1.2 million ounces of gold,...
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Coffee with Samso – John Anderson and the Thinking Behind the Paris Silver Discovery There are mining discoveries, and then there are stories about why discoveries happen. The difference matters. In this episode of Coffee with Samso, I sat down with John Anderson, the geologist most closely associated with the discovery of the Paris Silver Deposit on South Australia’s Eyre Peninsula. John is not just another explorer who drilled a successful hole. He represents a generation of geologists who built discoveries through persistence, pattern recognition, and the willingness to...
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Coffee with Samso – Echo IQ Limited: AI Diagnostics, Mayo Clinic & the Path to a Cardiovascular Platform A much awaited Coffee with Samso conversation with Dustin Haines from Echo IQ Limited (ASX: EIQ)is all about a clear investment narrative: this is not just an AI story, but a proven data-driven healthcare business building a scalable diagnostic platform anchored in real clinical need. The main business for Echo IQ is in the cardiovascular diagnostics space, using artificial intelligence to analyse echocardiograms and assist physicians in identifying complex conditions such as...
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A Magnetite Iron Ore Project Sitting Where the Market Is Going - Steel Decarbonisation In this episode of Coffee with Samso, we are having a conversation with Iron Bear Resources Limited again since May 2025. The business has progressed and we are now anticipating the release of the Pre Feasibility Study which will be the platform that begins the studies towards a Decision To Mine. As a shareholder of the company, these are exciting times as the path forward is all about creating the building blocks that will shape the valuation of the business. Currently at AUD $50M, this has got to be...
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In this episode of Coffee with Samso, Noel Ong sits down with OD6 Metals Limited Managing Director Brett Hazelden and Chief Technical Officer Dr. Darren Holden to unpack the company’s acquisition of the Quinn Fluorspar Project in Nevada, USA. The discussion centres on why OD6 has expanded beyond its rare earths and copper portfolio into fluorite (fluorspar), a critical mineral increasingly tied to global supply chain security. The project aligns with the United States’ push to secure domestic sources of key industrial inputs, particularly given its current reliance on imports and...
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Coffee with Samso - Episode 220 | Kaiser Reef Limited (ASX: KAU) | The University Club | Crawley | Western Australia There are moments in the ASX mining space where a transaction changes everything for a company. This Coffee with Samso conversation with Brad Valiukas from Kaiser Reef Limited is one of those moments. Filmed back at Samso HQ at the University of Western Australia, this discussion centres on what I described as an “overnight producer” story—driven by the acquisition of the Henty Gold Mine. And in many ways, that label fits. The “Overnight Producer” – What...
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Coffee with Samso - Episode 221 | Tusker Minerals Limited (ASX: TSK) | Capetown - South Africa | Perth - Western Australia There are times when you revisit a story and it just feels different. This Coffee with Samso with Tusker Minerals Limited and CEO Cliff Fitzhenry is one of those moments. The last time we spoke in 2025, the narrative was still forming. This time around, you can see where things are heading. The conversation is not about ideas anymore. It’s about execution. It sis about the Tusker Minerals Rutile story. The Rutile Story Has Moved – And It’s Now About Scale What stood...
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Coffee with Samso - Episode 218 | Investigator Silver (ASX: IVR) – Understanding the Leverage to Silver Through the Paris Project | Adelaide Markets | Adelaide | South Australia In this episode of Coffee with Samso, I had the opportunity to sit down with Lachlan Wallace, Managing Director of Investigator Silver Limited, to discuss what I would call a very timely story in the current commodities cycle. Silver has always been one of those metals that sits quietly in the background—until it doesn’t. When it moves, it tends to move quickly, and often, the market is not fully prepared...
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In this episode of Coffee with Samso, Noel Ong sits down with the team from PTR Minerals Limited to discuss the discovery of the Rosewood Titanium Deposit in South Australia. This is a fascinating conversation with a team that carries strong exploration credentials, including members linked to the discovery of Prominent Hill. The discussion covers how PTR Minerals moved from its Petrotherm origins into minerals exploration, how the Rosewood discovery was made through field mapping and reinterpretation of historical data, and why this shallow high-grade titanium project may become a significant...
info_outlineCoffee with Samso Episode 204 is all about Lupins and Lupin Protein Isolate. Coupled with the favourable growing climate in Western Australia, Wide Open Agriculture Limited (ASX:WOA) could become a major player in a billion-dollar market.
The Wide Open Agriculture came across my screen about two weeks ago, and it caught my attention because I was doing content on superfoods and came across the benefits of lupins in 2019.
While I was doing research over time, the share price of the company started to move, and in fact, on the day I was talking to Yazi Zhan, the Non Executive Chair of WOA, about making an appearance on Coffee with Samso, she was in the middle of dealing with her company's share price going for a run to a high of AUD $0.029, from the previous trade of AUD $0.016.
In today's episode of Coffee with Samso, we are talking to Yazi Zhan, who knows this business intimately and will give us a good insight into firstly the benefits of Lupin and Lupin Protein Isolate, followed by what I think could make WOA a global player in the highly sought-after plant-based nutrition business.
The Business of Wide Open Agriculture Limited.
Wide Open Agriculture Limited (ASX: WOA) is planning to be in the global plant-based protein sector, thanks to its proprietary technology that unlocks the full potential of lupins—a high-protein, regenerative legume native to Australia. As the exclusive holder of intellectual property for extracting lupin protein isolate, the company is positioning itself at the forefront of the clean-label, sustainable food movement.
At the heart of this innovation is BUTINE PROTEIN, Wide Open Agriculture’s signature lupin protein isolate. Clean, allergen-friendly, and remarkably versatile, BUTINE PROTEIN offers a powerful alternative to soy and pea proteins, catering to the fast-growing demand for ethical and environmentally responsible nutrition.
With this cutting-edge IP and a focus on regenerative farming, Wide Open Agriculture is not just producing protein—it’s pioneering a smarter, greener way to feed the world.
Chapters:
00:00 Start
00:09 Introduction
03:30 Who is Yaxi Zhan?
05:18 History of WOA?
08:28 Discussion about Lupin
15:06 Lupin Isolate
17:20 Importance of the China Market Approval
20:47 How does WOA protect its Core Business?
25:36 Limitations of Growing Lupin Gives Australia a Natural Advantage.
26:42 Types of Lupin
28:30 Competitors?
30:52 Market size for Lupin
36:50 What are the business triggers for WOA?
38:50 Funding strategy
40:05 Takeaway
40:43 News flow
41:37 Conclusion
About Yaxi Zhan
Yaxi is Mongolian Chinese and has called Perth home since 2004. In under 12 years, she transformed her career from a finance professional into a mining executive. With a strong background in business development, mergers and acquisitions, and cross-border transactions, Yaxi founded Accelerate Resources—an ASX-listed resource company—and served as its Managing Director from 2017 to 2024.
Most recently, she has taken on an exciting new challenge as Chairman of Wide Open Agriculture, where she is leading the company’s growth strategy.
About Wide Open Agriculture Limited
At Wide Open Agriculture, our mission is to create a range of great-tasting and high-performing plant protein ingredients.
We are focused on developing high-performance lupin proteins that improve outcomes for:
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Customers
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Food Manufacturers
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Farmers
We see a global movement for greater inclusion of plant proteins in daily diets. We also see compromises in existing offerings and believe that there are better alternatives. By developing better end markets, we see plant proteins as a positive force for change in the agriculture industry, where lupins can play a key part in reducing emissions and improving agricultural systems.