Ann: Hemp Trial Farm Commences Biomass Shipments, page-129

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moorookamick

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29/10/19

14:50

Post #: 41123873
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Originally posted by moorookamick: ↑

IMO, the biggies have the firing power to sell CLI down once they detect a slight chink in retail holders resolve to hold.& then buy more at the lower price than they have had to sell to get it there. One doesn't have to be Einstein to detect the iffy holders on these threads, IMO.
So, IMO, its all about your belief whether the Board & Management can execute the business plan and bring home the bacon. or not*

I can understand the frusteration of recent buyers who simply bought in on sentiment . Those who bough in on forward fundamentals
can always revisit their then investment case and ascertain if it still holds.

For me it has always been about Risk/Reward equation and as the growing season-harvesting season progressed, the risk has proportionately
deminished.

But for those who want to make mountains out of mole hills, then I can appreciate the anxt, but, IMO, that is self imposed.

Just do a summary since last June/July (CLI had spent your lollies by then in buying seed & seedlings & stting up the ag systems; this was your riskiest time IMO.) of the derisking of the crop over time:
-initial seed/seedling take
-weeds etc
-weather (remember the hail & floods)
-male plant risk
-over the fence risks
-patchy paddocks
-THC compliance (the biggie, IMO)( realistically that should have added 3-4c to te SP IMO)
-Frost
-harvesting technoques incl paddock drying
-harvest weather & more frost
-mould
-offtake default

etc etc

The bottom line is that we now have a saleable harvest ( only question is how much?) and IMO, CLI has derisked the hemp project by at least
90%.since June/July

So you have to ask, why was the SP higher when there was higher risk? You tell me.
Someone said:" The Stock Market can remain irrational for longer than you can stay liquid"

All of this is IMO only, and investors should always seek the advice of a licensed financial planner before making any investment decision.

*-Mr Silver, Director + a relative hold 10% of the company.
- The CEO stands to earn up to an extra $600K lollies within the next 6 months depending on harvest success.
(lots of incentive here to optimise harvest lollies, IMO)

Expand

PS: Just read the important announcements since last July: they all confirm buisness going to plan thereby reducing risk.

CLI Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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Ann: Hemp Trial Farm Commences Biomass Shipments, page-129

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