Monday, December 11, 2017 12:48:11 PM
He must be talking about the $18m pond land, I haven't keept track on what that is really.
Fish Farm 2 is definitely in production, they used to grow eels there and make tones of money back in 2013-14. FF2 has been build out in many stages. Never got any clarity why it was not included in the COSO, but I'm not bothered about, with a production capacity of 800MT annually it's a fart in the wind in the big picture. And it's just small piece of land, can't build it out. Better spend money on the Megafarm instead of acquiring this small farm.
Hopefully they will get some money back from both investments, but I'm not counting on it.
The only thing that matters for now is to get that loan, start constructions to make CA some money and to get up production in the megafarm.
When we have the loan, we can lean back and let the money work for us
Fish Farm 2 is definitely in production, they used to grow eels there and make tones of money back in 2013-14. FF2 has been build out in many stages. Never got any clarity why it was not included in the COSO, but I'm not bothered about, with a production capacity of 800MT annually it's a fart in the wind in the big picture. And it's just small piece of land, can't build it out. Better spend money on the Megafarm instead of acquiring this small farm.
Hopefully they will get some money back from both investments, but I'm not counting on it.
The only thing that matters for now is to get that loan, start constructions to make CA some money and to get up production in the megafarm.
When we have the loan, we can lean back and let the money work for us
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