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RealDutch

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RealDutch

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Re: andrewflying post# 94511

Thursday, 09/03/2015 1:48:10 AM

Thursday, September 03, 2015 1:48:10 AM

Post# of 163722
Deposits for aquaculture Contract

Q1/2013 $7.1M
Q1/2014 $11.2M
Q1/2015 $14.2M

Q0/2015 $20.5M
Q1/2015 $14.2M
Q2/2015 $12.3M

FF2 sold 359,699 kg of eels ($6,146,464) in Q1. Not many eels sold in Q2. Which matches with the deposits that are remaining.

I still can't get my head around this. But with $12.3M worth of deposits remaining, eel sales can't be bad going forward. And since we didn't sell many eels in the 2nd half of 2014, numbers should be much better this year. Well, that has to be a fact. By how much, is the question. Guidance will have to come from the company.
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