Plandai Biotechnology Inc (PLPL)

[riberyknuckles]

The offtake will happen in one of two ways in my opinion,

Either Plandai will sign offtake with an entity and put out a press release and investors will hope for some share movement off this information

OR

And I think this is more likely, Plandai will sign offtake but under a NDA. The share movement will then be linked only to revenue increases. I think, given the type of product and type of buyer this may be more likely because of the sensitivities around ingredients included in wellness and health products. This obviously is a slightly longer game and will only really be seen in the 10k (which is on a September year end)so not ideal for this year.

Linked to this, and of utmost importance is the ability to ensure constant supply from the factory so I hope PLPL spends substantial time on factory optimisation. Hopefully by the 3rd/4th quarter, as production season sets in the factory is running smoothly and the weather plays nice.