SFG 0.00% 0.2¢ seafarms group limited

Ann: SFG PSD Update, page-13

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  1. 2,627 Posts.
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    Another fluff announcement with nothing important to say. Not sure whether the Canstruct contract has been finalised yet as my understanding is that the second tranch ($70M) of the recent raise needs to be approved by the shareholders at an EGM scheduled for late July (30/7). I thought SFG would need that squared away before they could sign any deals for $78M. Nice to see the WA government is progressing their end. Nothing wrong with the ann. IMO, it is just that it is irrelevant until debt funding is secured.
 
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