Would be interested in your thoughts FarmerPaul? Is it really financing that stopping adoption of CLI tech in Mildura?
Maybe it is. And maybe this will lead to the announcement of their second sale in Mildura. That would make it one sale per full time agronomist employee to date, and a strike rate of about 2 sales per sales staff member per year by my calcs. And if they can make money out of fulltime sales staff when selling stuff at those volumes then they probably do need financing because it must be eye-wateringly expensive.
However I suspect this announcement is more likely part of a coordinated pump leading into a CR, than it is a result of any demand for financing for CLI products in Australia.
CLI Price at posting:
2.6¢ Sentiment: Sell Disclosure: Not Held
