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Roofus

10/05/22 7:24 PM

#49580 RE: coolcoins #49579

Yep, 4,000 acres of land.

Massive.

Panzer

10/05/22 7:38 PM

#49583 RE: coolcoins #49579

D-Money6

10/05/22 9:11 PM

#49588 RE: coolcoins #49579

The only thing we know is it is a "big player in Egypt".

The two biggest companies I can see in my research are the following:

The one your article mentions...Suez Canal Authority, which runs the Suez Canal Aquaculture Company. This is an Egyptian government entity. The largest project in Africa.

An article discussing this. This one says 7,000 acres...
https://thefishsite.com/articles/spotlight-on-suez-updates-from-one-of-africas-most-ambitious-aquaculture-projects-to-date-egypt

Take a note of the phasing here on the link below. They are building out 2021, 2022, 2023. TAA supplied PLS and broodstock seem like a good fit to help.....
http://companies.suezcanal.gov.eg/Aquaculture/English/About/FishFarming/Pages/ProjectPhases.aspx

This is the article you shared...
https://www.geosynthetica.com/mega-fish-farm-egypt-geosynthetics/

The other potential buyer may be Evergreen Energy United....They have the Ghalioun Mega Project
https://evergreenegy.com/projects

Evergreen is connected to China. - Guangdong Evergreen Group
https://www.hx888.com/

All speculation, but if its either of these two we're talking big stuff and big connections, especially with USTA helping with the Algerian govt connection.

Read all the stuff again...
The Algerian govt is putting up $30m for the facility in Algeria. (not a 30 million investment in TAA) The Algerian aquaculture company will run it. TAA is contracted to supply the PLs and Broodstock to start it up. We need to figure out the amount of these contracts. However, we are setting up to supply all of the aquaculture companies in the world.

D-Money6

10/05/22 9:56 PM

#49595 RE: coolcoins #49579

I also noticed the company liked a tweet by someone that posted the Suez spotlight article….