CSS clean seas seafood limited

Ann: Strategic Relationship & $5m Investment led by Hofseth Group, page-22

  1. 28,337 Posts.
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    Good find.

    If this relationship is as good as is suggested CSS will be back trying to grow biomass as quickly as possible again rather than a steady increase to match expected uptick in sales.
    The 4,000 , 5,000 & 6,000 tonnes targets will be limited to how fast they can grow the fish rather than how fast they can expand the customer base IMO.
    Clearly the CSS frozen technology is key to this expansion, may need to be expanded to cope with demand?

    This would bring the expansion plans back into focus IMO & if the customers are delivered by this partnership then expect announcements about further expanding of leases in the next 12 months.

    I'm still not happy about the additional dilution but if the funds are required to expand production faster than previously indicated & we reach 6,000 a lot sooner then it should significantly boost the share price.
    Last edited by Tarvold: 12/04/20
 
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