OLY 0.00% 4.0¢ olympio metals limited

Ann: Extension to Voluntary Suspension, page-131

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  1. 22,941 Posts.
    lightbulb Created with Sketch. 769
    If I were to be hired as CLI's spin merchant I'd likely advise CLI to formulate their harvest as follows:

    Total Harvest:..................1.2 mil Lbs (evidence of CLI's expert growing ability..great potential to sell CLI ag services into CBD Hemp farms in 2020)
    Wastage*.........................0.4 mil Lbs ( There's always oodles of waste on a trial farm this size & this will get us to what we really have)
    Net Commercial.crop #...0.8 mil Lbs (within forecast parameters)
    DL offtake.......................0.25 mil lbs. (We did the DL offtake sums on less than 30% of a forecast harvest of 900K Lbs...remember?)
    Unsold balance..............0.55 mil Lbs
    Jan Sales.......................0.275 mil lbs.(Likely)
    Feb Sales: ....................0.275 mil Lbs (Likely)
    Trimmed Flower...............4500 lbs ( sale expected before Xmas)

    %CBD: ranging from 10% to 14% (what would you like?)

    Yet more spin:
    This positions CLI to increase its growing acreage to 1000@ acres for 2020; including 400 acres of CBD Biomass +100 acres of trimmed flower in the Oregon farm , 100 acres in Aus & 400 acres of geographically diverse CBD JVs. (All IMO only)

    All spin but credable, IMO.
    Cheers
    MM

    * Seriously though, there will likely be waste due to crop being out there in the paddock weathering in early Nov!
    # Realistically that's where its at, IMO.
    @There have been suggestions ranging from 1500 acres to 5000 acres!



 
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