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Ann: JAT secured 3 Year Dairy Products Distribution Agreement, page-209

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  1. 159 Posts.
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    JAT has been advised by Ocker that BGG purchased volumes of products from sources outside
    China during calendar 2018 of far greater than the amount proposed to be supplied by JAT.
    Accordingly, JAT believes there is a real opportunity for it to fulfil orders greater than A$80 million
    per year subject to it obtaining additional funding and increasing its manufacturing capacity. JAT
    further believes that, should it meet the supply requirements under the Distribution Agreement in
    the first year, it is likely to achieve sales in subsequent years significantly greater than A$80 million.

    I think everyone has overlooked a couple of fine points- See Above- in case you missed it, see point 1 below!
    1- JAT believes there is a real opportunity for it to fulfill orders greater than A$80 million per year subject to it obtaining additional funding and increasing its manufacturing capacity.

    Yes people, there is a good chance that there will be a capital raise- but to achieve greater sales and more production capacity- surely this has to be a good thing?
    Last edited by Getting Annoyed: 21/01/20
 
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