MRG murray river organics group limited

Massive tailwind for MRG, page-7

  1. 217 Posts.
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    Regarding potential for revaluation upside. Farm transactions have come to a halt with temporary water prices at $400 per meg. Dried fruit properties are worth 7 to 15k an acre, however I'm not sure what they are holding them on their books for. $15k an acre is for quality high yielding properties.

    I hope they have forward arrangements for their water as this will be the final nail in the coffin.
 
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