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Monday, July 13, 2015 10:42:38 AM
I do not think they are even going to plant a 2015 Harvest in Canada. I am thinking they lost (intentionally?) their 160 acre JV partner. Otherwise, I just know we would have heard from them planting, plowing, releasing news about a new 2015 harvest. And yet we are having this apparent dilution.
This is pretty significant. And these guys don' buy condos in Dubai. Or take vacations in the Ukraine. Or buy 1 million dollar flats in NYC. (I'm still smarting from that one).
Given the above, I think something is cooking ... Maybe a JV in Africa? I know they wanted that one pretty bad, and now we see the flow of money from the dilution. These guys are very purposeful ---to a fault.
Anyone else?
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