i also need a little help interpreting the current scenario, but the impression I have (DYOR) is:
- AYB have identified the 5x farms of interest and funding discussions are based around the identified farms
- One or more of the funding offers (one of them announced, others alluded to in reports) are available to AYB for dairy acquisition purchases, and that successful funding confirmation is potentially just a matter of AYB board approval of terms of the offer and satisfactory farm valuations.
- AYB has expressed a view that acquisition/s will occur in a more staggered manner
- Contract/s in existence address the subject of existing labour i.e. access to existing farm workforce/resources to facilitate the smooth transition to new owners
Have i left out anything crucial? Some further good, albeit, relatively minor millstone announcements wouldn't surprise me. Or we may be pleasantly surprised by a major funding confirmation related announcement. DYOR.
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