Apologies for the brevity of my original post,I was at the Mash Brewery in Rocko having a couple of doctors before I watched Rusty's Noah movie.
"Darby is confident customer demand will exceed the company's growing production capacity. "We expect to finalise formal sales agreements prior to commencement of production,"he said.
He said the existing plant has about fourty people and the new plant would need about sixty,not counting suppliers and contractor. The capital expenditure for the new plant is relatively modest and Valence expects to fund the $34 million development through a combination of means, including contract factoring and debt finance.
Raider
VXL Price at posting:
45.5¢ Sentiment: None Disclosure: Held
