Cash outflow looks okay to me. Estimated outflow this quarter is $515k, and they have $2.1million in the bank. As well, the first 150t from their own ponds have been in the pool for a good while, and the next 150t has been stocked with fingerlings earlier in the spring. So the first lot will be going to market either end of this FY or beginning of the next.
I know, right. 18 months. Better than abalone, not as good as lettuce
MCA Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
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