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Re: $$ Golden Cross $$ post# 10078

Wednesday, 06/08/2022 8:10:09 PM

Wednesday, June 08, 2022 8:10:09 PM

Post# of 10446
$RIBT Todd Mitchel in his presentation today make the same comments as in the last CC. They are not all that interested in milling basic rice, low margins. They paid $7.8 M for it and did some improvements, yet if they sold it, they would still be making stabilized rice bran there.

I can only speculate what they would do with that money. He mentioned new products, maybe acquisitions in value added ingredients, etc. They have never said they would sell it, but.....

A major deal such as partnerships involving new products or acquisitions. I am totally speculating at this point. My mind keeps going hmmmmmmm when I hear them talk about low margin rice milling.

Life is not measured by the number of breaths you take, but by the moments that take your breath away--Wows happen!!!


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