Agriculture/Horticulture is always slow, and a big punt.
But the photos i posted last year that were sent to me by Merchants/A Chapman and the ones on their website as per above are all i,ve seen.
If the crops are developing and are going OK in terms of sales etc, thats all we can hope for.
But not much income at all yet by the looks.
The sector is still in its infancy, hope the European market is kicking along.
I,d almost forgotten about these, to be honest.
That $14 mill loss is the cash that was the 1PG cash balance , i assume thats the cost of building the whole set up. More detail required here, will see if i can find it in the report.
I trust Andrew Chapman, lets hope a liquidity event is on the horizon, i think it will still be a year or 2 away and maybe a buy out by a pharmaceutical of which there would be many who are happy to buy a lock stock and barrel outfit like this.
