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23:06
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Originally posted by chadhuncho:
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I wonder if it is commercially viable. Their current capacity of 1000kg (1MT) can scale up to 1000000kg in this one warehouse. If we can understand some costs around this, it could actually be really profitable as costs end up pretty fixed for warehouse + staffing. Can't believe I'm saying this about seaweed mining, I guess we'll see with the offtake agreements. Sourcing seaweed from local farmers as well - probably going to get into wholesaling with extra warehouse capacity? Might be good to get an email to the team to understand costs around their operation so far.
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Only thing being farmed here is a new set of fools on a rodeo that’s stuck on repeat.
(20min delay)