Sino Agro Food Inc (fka SIAF)

[RealDutch]

Fish Farm 2 was never completed. Due to multiple problems including swampy conditions. But I can't be 100% sure. So the best would be to get the $6M deposit back.

The $18M fish pond however, seems to be intact. PF2 is leasing a lot of land in Shenwan. And my guess is, they are using the fish pond for free. Here they could actually be growing fingerlings because the buildings are not that big.

So, perhaps TRW will acquire the fish pond for $18M when they have the money (loan). This could play out well for us. But I'm not sure.

I asked the question about the $18M fish pond for 5 or 6 straight quarters now. And I'm close to giving up. So we'll see what happens.