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Re: ash111 post# 1687

Friday, 02/10/2017 1:00:14 PM

Friday, February 10, 2017 1:00:14 PM

Post# of 9444
As per estimate appraisal firm.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128223066

1.03 for 2017 means earnings could be 1.03 x 157 = $162M. From the plantations alone (excluding US operations).

We already know 2016 is not so good due to challenging weather conditions.

As for the cash position now, I think I already mentioned $150M or even $180M. Minus the roughly $30M they invested in mining rights in late 2015. And other investments that may have occured in 2016.

I'm hoping that they will acquire a 25% stake in SIAF's Mega Prawn Farm. But that's wishful thinking smile If you want to create a win-win situation, this is it though. I already mentioned the option to SIAF insiders a year ago.