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Alias Born 08/02/2010

Re: None

Thursday, 08/30/2012 2:11:49 PM

Thursday, August 30, 2012 2:11:49 PM

Post# of 163719
Don't think the new technology cost much, as SIAF has been coordinating with the researchers and providing Financial assistance since 2010.

The biggest potential impact is reducing the grow out times, which correlates more than one to one with sales..

For instance, if grow out took 4 months before the new feed, that,s 3 turns per year. If the feed reduces the grow out time by 25% to 3 months, that's 4 turns per year, or 33% more fish and 33% more revenues. -- more if mortality is reduced, and an even higher increase in profit, as costs are reduced as well.

Will be interesting to see the pf1 ramp, as ops are scheduled to start in q4. I suspect it will be faster than ff1, but we'll see. Another good question for the investor tour.

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