CSS clean seas seafood limited

good to reread the investor presentation in April 2019 (an...

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    good to reread the investor presentation in April 2019 (an updated one coming).
    few key takeouts :
    - capital investment still running at few mill per year as they are expanding operations
    - new more efficient 4000tonne hatchery opening early FY2020
    - automated feed will bring significant savings in feed cost from FY2021 onwards
    - investment in biomass is at record highs and growing year on year with sales
    - anticipated to be operationally profitable including investment in biomass from FY2021 (currently profitable but investment in fish showing pressure on cashflow
    - mgt recently reiterated financing facilities in place to keep funding growth.
    - NTA over $70m
 
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