This is a good result. Farmers are going to like the fact that this "organic fertiliser" should allow organic farmers to use and get productivity similar to those from more processed fertilisers. This should result in higher demand for this product. Remember organic product demands a premium price but often the cost of this for the farmer is lower yields. This result is almost exactly the same yields. Great for us as demand will be higher, great for the farmer as the per ha return is higher. So why sell now? Absolutely no idea as have had the pain (as for us long term suffers the pain has been intense as it has been long) now close to revenue (subject to final license of course).
AGR Price at posting:
7.3¢ Sentiment: Buy Disclosure: Held
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