Correction to myself. Was looking at the wrong year in the Sweden presentation.
This announcement is huge.
The Sweden presentation targeted 12% of $171M in revenues -- or almost $21M --to come from fish consulting and servicing.
This one contract alone may well make the entire 2012 revenue goal for that profit center. Better yet, assuming bigger fishery contracting revenues produce more fish later, perhaps beating the fish sale profit center is coming down the line also!
I used to guesstimate that $1 of contracting revenue in year one equals about $3 of fish sale revenue in year 2. Just a guess; the time to market for fish is still an unknown, as well as how fast the fisheries ramp to capacity sales.
A press release announcing the first prawn farm indicated a capacity of 2,000 metric tonnes beginning about two years after construction was to begin.
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