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Looks like an expensive evaporator
There are many ways to clean water, Osmosis is the best way to kill bacteria, but the most expensive solution as well. So I highly doubt that they will use Osmosis.
No point investing in heating up water for prawns if the water quality is not good enough for them.
I have now idea, all I know is that they are big, beautiful and has blue claws
Cannibalism is a know problem for a prawn farms, both Tony and Solomon has talked about this many times. The advantage in the APRAS system is that they can do something about it. Open pond rearing just have to accept the mortality because of cannibalism.
Now listen, they are lacking funds, that's it. The problem is that they made build out plans not realizing the difficulties to secure funds. If they knew the difficulties of getting the funds, they would probably never started a project of this scale in the first place.
Look at the density of the fish in this tank!
https://vimeo.com/229379646
This is why that system is so profitable.
This is what they want to achieve with the prawns at the mega farm as well, you can see the difference here.
https://vimeo.com/226777351?from=outro-embed
Yes, it's more of a funding issue than anything else. But that does not mean that the might face different problems in the future.
But the track record of the other farms should be enough for everyone to realize that they know what they are doing. It's all about scaling and finding funds for the scaling.
Emptyone, for such a large investor you do not pay much intentions.
Listen to this presentation, then tell me what he didn't know in your opinion.
https://vimeo.com/158286943
More info about the species http://www.tri-way.hk/our-products
They are growing shrimps already at all the other farms. They will grow shrimps the exact same way at the mega farm as well.
In the other farms they have been using clean well water that really does not require any purification. The water they are using at the mega farm turned to be of bad quality, I guess that they did not expect this to be an issue when they started to put prawns in the tanks. They learned the hard way. So now they will have to install some proper water purification system in order to farm the more sensitive species.
The other farms as boilers, the mega farm will need a boiler as well. But this is some serious expensive equipment so they will not install it until they have the funds for it.
For now they are growing fin fish at the farm very profitable already.
Ones they have solved the water quality issue they can start with proper trials for the prawns. Balancing the biofilter and the bacterial culture in the water. So for sure it will take some time before the prawn farming is up and running 100%. But in the meantime they will continue farm fin fish or other less sensitive prawns in the mega farm. Last year only 20% of the production was prawns, but they still had some crazy great margins.
So they need the big loan in order to grow prawns in big scale at the mega farm, this is no secret. There is really nothing to be confused about.
I have no idea what the objektiv of the author of the article is. I mean, they are growing the prawns successfully already at the other farms, but not once does he mention this. He angle it as it's impossible to grow prawns they way they are doing it, even though they are already doing it.
Tell me, what is it that Tony is now aware about?
Dude, they are making $30-40 million dollar a year even without the mega farm up and running yet.
Of course it's possible to keep it profitable, they are already heating the tanks at the other farms very successfully. If you can heat and make a swimming hall profitable in Sweden, you can for sure keep these tanks warm and profitable.
Yes and this is what they are doing at the other farms.
Yes he does.
Sun is only required with biofloc systems (ilke the ODRAS system). The indoor APRAS is clean water systems with no algae.
Now even the shrimps are feminists
I would prefer a chauvinism super-male broodstock with the big male prawns
The sorting is done at the partial harvest when they move the shrimps from one tank to another, this is how they have done it in the past successfully. I don't see an unrealistic task, just have a crew or who do one tank every day.
Sino Agro: We can fix problems farming freshwater shrimp at megafarm
By Louis Harkell Nov. 17, 2017 09:24 GMT
ZHONGSHAN, China -- Solomon Lee, Sino Agro Food CEO, said problems farming freshwater shrimp at the "megafarm" in Guangdong, China, are fixable, despite the delays to date.
More than two years after Sino Agro announced shrimp production would soon begin at the megafarm, its first operational section of Sino Agro's megafarm hasn't harvested any shrimp and tanks are largely being used for lower-value species such as jade perch.
The delay raises questions about the attainability of the projected production figures announced by Sino Agro. However, Lee has said that the delays are due to funding shortfalls and technical issues that can be solved.
The technical issues relate to farming Macrobrachium rosenbergii at high densities, according to Sino Agro's chief scientific officer Anthony Ostrowski, who joined the megafarm in 2015.
When farmed at high densities, macrobrachium do not grow uniformly; males which grow fastest are territorial and cannibalistic; and once a large shrimp has established dominance smaller male shrimp stop growing, he said.
During its visit, Undercurrent News saw first-hand problems with shrimp cannibalism, and slow and heterogeneous growth.
Fixing the problem
Ostrowski proposed several solutions to fixing the problems farming macrobrachium at the farm. These range from immediate solutions, such as from grading shrimp by hand, to long-term solutions, like developing a domestication program, he said.
The immediate option involves workers at the megafarm "culling out" the larger macrobrachium during the grow-out phase, he said. Essentially, this method involves removing larger macrobrachium from the tanks individually by hand, he said.
According to Ostrowski, by taking the larger, aggressive shrimp out of the tanks, the other males can grow normally -- or at least until other males undergo a growth spurt and problems reoccur. Ostrowski said calling out the larger macrobrachium is how Sino Agro successfully harvested macrobrachium at Prawn Farm 1 in Enping, another farm built and managed by Sino Agro.
At the megafarm, culling out shrimp could take place monthly, said Ostrowski, when the shrimp are transferred from smaller tanks to larger ones, as per the megafarm's partial harvest, phased grow-out system. During Undercurrent's visit to the megafarm the larger shrimp were easily identifiable due to their striking blue claws.
However, Ostrowski conceded this "culling out" method would be labor intensive; Prawn Farm 1 has harvested about 700 metric tons of shrimp using this method, he said, whereas the megafarm envisages production in the tens if not hundreds of thousands of tons.
While Ostrowski did not mention mechanical grading, Mathieu Wille of the University of Ghent, Belgium, told Undercurrent this alternative would require "serious engineering". "We thought it could be possible to have something like vertical grids in different sizes which move horizontally through the tanks," he said, but, "we haven’t really pursued the idea".
Second, the megafarm could use newly-developed shrimp neo-males or super-females to produce all-male or all-female shrimp larvae stock, said Ostrowski. All females would grow more uniformly and would be much more docile than males, said Ostrowski, adding that populations of all males or all females would require less culling and less handling than mixed populations.
Several industry experts also referred Undercurrent to this option. Enzootic, a California, US-based agro-biotech company, commercially supplies super-female broodstock prawns guaranteed to spawn 100% female progeny. A field study conducted in 2011 showed all-female populations give higher production and product value, compared with males farmed under intensive conditions.
Third, the megafarm could start a domestication program, said Ostrowski. This would look to breed macrobrachium with more desirable traits. It would begin with a specific pathogen free program, which could take a couple of years, then look at traits for several years afterwards. There is also a very lucrative market in China for macrobrachium postlarvae, he added.
Ostrowski conceded this solution could take up to five years before it started making inroads, however. Even then it might not be successful; in the 1990s researchers tried to breed macrobrachium rosenbergii with smaller head -- heads comprise around 40% of a macrobrachium shrimp -- with limited success.
Fourth, Ostrowski wants to develop a modified shrimp biofloc for the indoor RAS—biofloc is a soup-like mixture of bacteria, algae and other nutrients that can be used to create more hospitable environments for shrimp and reduce solids waste in outdoor ponds -- to help improve growth and survival rates. To this end the project has hired a Chinese-born, US-educated microbiologist who works directly under Ostrowski. "Maintaining an appropriate balance of microbes indoors is just as important as in outdoor systems," he said.
Fifth, Ostrowski wants to build a water treatment plant and boiler, he said, as the megafarm currently has neither, although they are part of the original plans. Water in the tanks is presently sourced from rivers or canals, he said, which has high organic content and disease vectors that must be removed prior to entry to the buildings. He said without a boiler system to heat water the farm cannot farm shrimp year-round.
These solutions will likely require further investment, which the company is seeking and it remains unclear when the possible solutions may be implemented.
But Lee said in a email to Undercurrent that the company is working on finding solutions.
"Delays in farming macrobrachium in the indoor tanks are due to delays in funding to complete the farm and modifications required in infrastructure we have already identified at this site. We are, in fact, researching ways to increase density in our indoor tanks at the site now," he said.
Lee added the megafarm is also researching indoor culture of vannamei. "We are currently researching the culture of Litopenaeus vannamei in our indoor RAS and have already grown them commercially in our outdoor RAS systems at AF3 [Aquafarm 3] (and recently in non-RAS ponds at AF4 [megafarm] as noted above)."
"We do know shrimp (Litopenaeus vannamei) have been raised in zero-exchange, or minimal water exchange, and even clear water indoor systems in the US already, so there is some level for optimism for our indoor RAS. We also have the saltwater in place at the megafarm to raise them at whatever salinity we deem best. The final decision will come down to economics of production."
Credit
louis.harkell@undercurrentnews.com
https://www.undercurrentnews.com/2017/11/17/sino-agro-we-can-fix-problems-farming-freshwater-shrimp-at-megafarm/
Here is the answer/follow up from the company.
https://www.undercurrentnews.com/2017/11/17/sino-agro-we-can-fix-problems-farming-freshwater-shrimp-at-megafarm/
Nb
Thanks KS
I don't see any need to miss credit the author, he seams to be a seriuse reporter.
https://www.undercurrentnews.com/author/louis-harkell/
By you never know the agenda with any media, he could easily have twisted this article to something very positive. I mean they are producing the shrimps in high density at AQ3, if he would have focused on that in the article he could ha angled the article to prove that SIAF is doing what all the other experts says can't be done.
I expect maybe a few hundred tones of shrimps from the megafarm until they have the financing to rebuild the Megafarm system to match the quality of the system in Aquafarm 3. The produced shrimps from the farm will only be from trials (for measuring/testing water quality and such) in the indoor tanks and the outdoor ponds.
Well, there is not to much info in that article for me who reads and listen to everything they company says and write. You could expect the author to question the whole concept with the info he had at the time. But there is not many like you and me, so the average investor will freak out when reading the article.
Agree, couldn't get much worse.
I expect the company to make a statement asap. The article is not mentioning that they are currently farming shrimps at high density at the smaller farms. A pitty that they didn't invite the author to those farms as well.
Two years late, no shrimp harvested yet at Sino Agro’s megafarm
https://www.undercurrentnews.com/2017/11/17/two-years-late-no-shrimp-harvested-yet-at-sino-agros-megafarm/
Solomon filed that he had renewed his passport.
"425,103 shares of common stock to employees and directors valued at fair value of $3.45 per share for $403,650"
The math does not compute here....
Anyway, they are not limited to stockoptions as awards if you read the whole document.
If you look at the old filings you will see that those who canceled the most shares was the ones who received most shares last year.
From what I remember, there was a time when Solomon, Peter and Michael canceled lots of shares with the intention to re issue them later (or shares for the same value). So I think a large part of the compensation comes from that deal.
I agree that the wording is very comforting, however I don't think the wording in the PR is directly from Solomon. Regardless, I'm quite confident that the loan eventually will come trough and it can not come soon enough. When Solomon give a time span of when he expects an event to happen, we all including me should understand that he is talking about a best case scenario.
I don't think anyone has evaded your opinion about Solomon and his crew, I fully understand and respect your assement. But I don't understand the point of repeating the exact same opinion ten times a day and then try to patronize the people who actually try to contribute to a factual discussion here.
I'm just trying to contribute, if you don't like it or value my input just ignore me
Not sure, it's a bit confusing with all these centers.
If you want to get more confused you can read page 17 in the 10-K, "Marketing & Trading Division" and "Project Development Division".
I get a feeling that they sometimes call the a Trading Center in Guangzhou for Wholesale Center 2 and sometimes a Wholesale Center in Shanghai the same name.
But the Trading Center should be a separate building in Guangzhou, but I thought that they already owned that one 100%.
All trading companies should apply, but probably not the cattle farm. But it probably will be difficult to get the money back from the project companies once they have invested in them...
It's not available to download yet.
What is the current share count on Merkur?