WLD wellard limited
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update some details for Wellao from China

  1. Andy.Chen
    163 Posts.
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    20/09/16
    19:45
    Post #: 19294673
    Got some information from China's local government NanDagang where the wellao located in there.
      
    Now the construction for the Wellao is  slower than expect.When Wellao receive the Enviroment Premission from the local government at June 2016, until now,they just flat the land.haven't build any facilities to welcome the liver cattle.



      
    And Now, Wellao have stop Recruiting of workers plan.

    I ask the my informers why Wellao's construction is very slow,He got the information sfrom Wellao's  staff that looks like here are some conflict fromFulida and WGH(Now i know this is because of WGH owed $25million to fulida).Anther reason is liver cattle price in australia is very expensive.If China export live cattle now,they cant make profit.
       He confirm that wellao is still plan to export live cattle.But the first  construction maybe will finish the middle term of next year
       I will update more infromation in future.
    WLD Price at posting: 26.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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