-Loan $4.5 mil USD ($6.6 mil AUD)
-Higher end of cash costs $ 7 USD/lb ($7 mil for 1m mil harvest)
-harvest say $1 mil
Total costs: $15 mil
Revenue: 1 mil X $35 usd/0.68 = $51.5 mil AUD approx
Lollies in till by December: $36.5 mil AUD (post loan) or 9.1c/share cash backing
This, IMO , leaves Green Fund's estimate of 20c/share very gettable , IMO.
Any plans for Suthern Hemisphere crops should double that IMO of which the Mildura 100 acres is a start.
September...CLI's home run, page-36
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