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treit2002

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treit2002

Re: johngalt_as post# 4782

Wednesday, 12/08/2010 11:57:16 AM

Wednesday, December 08, 2010 11:57:16 AM

Post# of 163718

John,

You imply that the figures 4 and 8 are single "orders" for new farms. Rather, I believe these figures are simply management's projection or targets.

Likewise, there is no timetable to begin construction. Presumably SIAF would like to sign partners and begin as many as soon as they can.

Perhaps prospects want to see actual fish sales before commencing, but there is no mandate to do so, nor is there any existing agreement dependent on milestones from the first farm.

Please, let me know if I have this wrong, and why.

Thanks
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