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Re: viking86 post# 28594

Sunday, 02/03/2013 1:29:39 PM

Sunday, February 03, 2013 1:29:39 PM

Post# of 163719


The facilities are real, and within a ball park of service revenues.

Service revenues are coming from perhaps 4 cattle farms and 6 fish farms now, plus new fertilizer manufacturing facilities, and distribution center build out. All are there, most seen on the tour. And the revenues derived seem in order, on casual appraisal to me. Not sure you'd open them to inspection otherwise, anyway.

Cash earnings are growing dramatically also. FF1 should be $27M this year. PF1 may be $15M. Hard to say with the prawn fly farm, until green flies are sold. The cattle farms are selling increasing number of head. Mixed and organic fertilizers and feedstock have always been cash businesses. Capacity has been and is greatly increasing. Likewise, HU has also always produced cash.

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