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Thursday, November 05, 2020 3:14:07 PM
"And after weakness in the beginning of the year, we have seen remarkable increases in demand for products from our derivative facility in Dillan Montana, which should have a favorable impact on results in the second half of 2020 and into 2021."
"As we move into the second half of 2020, the current rice crop looks excellent."
"Human grade business was still far from strong in 2Q, but with the addition of new human grade customers, we expect it to pick up in the second half of the year significantly."
"With the strengthening in demand for products for human consumption expected in the back half of the year and strong volumes from Golden Ridge and MGI, this trend should reverse itself pretty significantly."
"Liquidity. Finally, I wanted assure you that capital resources and operating with liquidity remain adequate. We ended the quarter with over $3.2 million in cash, and we added an incremental $2 million in borrowing capacity after the end of the quarter."
Good luck, longs!
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