RGI 0.00% 22.0¢ roto-gro international limited

Ann: CEO Roadshow Presentation, page-13

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  1. 3,856 Posts.
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    Hey mate. Hear what you're saying and had similar thoughts myself about the cause of delays re the automation.
    Would go a long way to hear it from management laid out plain and simple for us to hear instead of speculation on it. RGI was actually supposed to 'break ground' in Gibios first facility in the previous quarter so we're actually 6 months behind there.

    Regarding the reduction in lettuce production, it seems weird to me. Struggling to believe that they were that far out on their first prediction of 36,000. Dropping it to 20,700 is about a 40% reduction. Somethings happened there and I'd love to find out what. Hard for me to accept it was an error in calculations especially with over 2 years of collaborating and testing with Gibio now.
 
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