Ouch, another $18m loss with 3 months of cash left.
Critically "Biological Assets" plants in the ground and stock that is available to be sold this quarter has declined slightly over the last six months. The way I read this is the only plants in the ground are still at the Southern facility that they just sold.
Biological assets are plants that they are growing in that $150m facility..... is well zero increase! I'm not feeling a ramp up here.
June '21 $829k
Dec '21 $887k
June '22 $782k
Dec '22 $760k
I can't help thinking Mildura is a dud too?
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Ouch, another $18m loss with 3 months of cash left. Critically...
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