This is new news (grant).
Also the first export shipment, and china deal is new news.
And export begins, well ahead of schedule... About time starting to feel that Aus is saturated, time to spread the wings..
Light on in the Quarterly sales IMHO. but it is always a soft qtr straight after Christmas.. A lot to make up in Q4 to get to guidance (i.e. from $13.5m to $20m - $24m). If they hit that number it would indicate that Export has commenced well.
I would like to know the value of the first shipment to China?
Also would like to know timeline for new Pontville Distillery?
some other interesting notes... They hav $17m of whisky they can sell this year (maturing this yr) - could support a big first export order...
And $42m of maturing whisky next year (double current forecast sales)....
(and those values are pre an expected 15 - 25% valuation uplift)... Maybe best to ignore the valuation uplift, and assume that is foregone as wholesaler export margin... Still wold be happy with that if they then whacked out $42m of sales next year...
Jut because they have doesn't mean they will sell it... But can' tsell what you dont have........ unless you were Nant... Lets not go there..
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