Hard to do an exact valuation until we hear the final details of their deal with Green Lake. Assuming though, 25 million litres of milk annually at the farm gate price (I assume WA is around 50 cents) then there is at least 12.5 million bucks! Obviously to get it up to 2500 cows there will also be some additional costs but you can get an idea of how big it could be! Add a dollar or two to this figure for Chinese matrkets and yes a valuation well well above these levels is achievable.
CCF Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
