InvestorsHub Logo

melehuna

12/13/13 9:25 PM

#51584 RE: viking86 #51579

I think we should wait for the official announcement about the mega-farm to understand the projected production numbers and contacting revenue over the next few years.

RealDutch

12/13/13 9:29 PM

#51585 RE: viking86 #51579

I think he means they will design 4 or 5 prawn farms with a capacity of approx. 5,000MT every year. They will make enough money in 2016 and beyond to acquire all of it.

If they start now, my guess is we will see $50M in revenue in 2014 from design alone. And a lot more (3x) in 2015 when construction ramps up.

slyestjester

12/19/13 11:11 PM

#52017 RE: viking86 #51579

I definitely don't think the market has their arms around the size of that project. However, at the same time it draws us closer to the government which has huge financial advantages but is still not something I altogether like.