In relation to a2 its all come to the timing of SAMR approval. Syntail can’t produce new product until SAMR is granted. It’s expected somewhere between April and end of FY. Seems to me what they are saying that now they expect it rather later than sooner. But this is only part of Synlait problems. They have quite a few other major issues as well. And this is why it was a smart move by a2 to buy into MVM. That will help to mitigate situation if Synlait gets into some sort of troubles
Media Updates, page-12403
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