WOA 5.88% 1.8¢ wide open agriculture ltd

Ann: Buntine Protein Supply Agreement with Monde Nissin, page-11

  1. 194 Posts.
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    a bit of a cross reference to another company i own. i wont say code but just the statement. They offer a new product, very rare, very good but the problem is you need the first client to take a risk on it. once you have your first client though, each one after is easier. once new customers can see your product being used they are more likely to jump on. They have that and now so do we.

    WOAs first sign up has taken on 60% of capacity for two years and the plant isn't even finished. By the time the full plant is ready i imagine they will have pre-sold most if not all. once demand peaks, margins can increase and more production can occur.

    this news cannot be underestimated. the money is irrelevant at this point. it's the confirmation of work and the capacity to now move forward much earlier than expected.
 
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