RGT 2.00% 25.5¢ argent biopharma limited

Ann: Production Completed of A$1M ArtemiC Order from SPC, page-9

  1. 1,874 Posts.
    lightbulb Created with Sketch. 953
    “The Company has manufacturing capacity at its production facility in Slovenia to produce commercial scale batches of ArtemiCTM as a food supplement for distribution by SPC.” (24th Nov ASX release)

    I hope they are referring to something other than the original ‘Super Critical CBD extraction facility’ in Slovenia where they obtained their original Good Manufacturing Practice (GMP) certification in (around) July 2018. This facility is (was) no more than a small ‘pilot plant’ facility for extracting and refining small batches of CBD concentrate from dried cannabis green matter.


    To think they can produce “commercial scale batches” of anything in this facility is pure fantasy! That is of course unless they have increased substantially to the production footprint and added significant plant manufacturing equipment and packaging machinery. If that had happened I am sure they would have taken the opportunity to use it in conjunction with a beneficial ‘pump’.
 
watchlist Created with Sketch. Add RGT (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
0.005(2.00%)
Mkt cap ! $12.34M
Open High Low Value Volume
24.0¢ 25.5¢ 24.0¢ $137.1K 549.1K

Buyers (Bids)

No. Vol. Price($)
1 2200 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.0¢ 100 1
View Market Depth
Last trade - 16.10pm 20/08/2024 (20 minute delay) ?
RGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.