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RealDutch

06/28/17 8:20 AM

#113393 RE: The Swede #113390

Here, this is interesting.

https://www.was.org/documents/MeetingPresentations/AQ2010/AQ2010_0456.pdf

If you use this information and mix it with what Tony told us, then Open Dam RAS can do roughly 6kg per square meter per year (using 6 cycles per year).

That adds up to roughly 30,000MT for the 7,000 mu they have planned. Interestingly, Tony mentioned during the Q4 CC that they have 1,400 mu available. In the Q1 CC it was 3,000 mu all of a sudden. Although most of it still has to be converted to ODRAS.

Conservatively, I think we can add 5,000MT/year from Open Dam Ras alone. For the next 5 years at least. Which is rather significant.

You also get a good idea of how much is coming from where. They project 14,000MT for 2017. So that's roughly 4,000MT from the Mega Farm. Another 3,000MT from the other indoor farms. And the rest, roughly half, is coming from the open dams and ODRAS combined.

The remaining question is, what can they do with freshwater prawns? Since they are much bigger than white shrimp.
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RealDutch

06/28/17 9:07 AM

#113397 RE: The Swede #113390

I relistened to parts of the last CC today. Pre-IPO financing won't come any time soon. Debt financing will be first.