I was disappointed to see Netraam was off on his finance announcement.
I've given it some thought since this announcement shuts up all the claims of Cardwell being unprofitable.
$10/kg all in costs including shipping to customers wowee what do they sell for $30-40/kg.
That's a 75% profit margin on 6000 tons would be $180m profit from Stage 1a?
Also they've shown clearly that their pilot project in QLD is there or thereabouts in terms of their forecast yields, prawn size etc.
There has been 10 years of working with the CSIRO and a lot of science put into this project.
Stash and co have no idea the level of work that has gone in hope this moon shoots on finance.
I'd be happy with 30 cents given we have 18 months to first prawns.
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