I asked a question about the rationale for the Mildura facility at the AGM. They appeared very confident it’s a great spot to site the facility.
They emphasised that costs are low because of more sunlight st this locale and cheaply available power due to an excess of solar generated electricity which cannot find its way to major cities.
They used the the term ideal when it came to the location-rightly or wrongly.
in the end while Cann remains a going concern it does not matter if Mildura is only worth 10c - it’s just the cost to get Phase 1 up and running.
We are going to need a big improvement on their property development performance to date - that is for sure.
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