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4.8¢ olympio metals limited

Ann: Hemp Trial Farm Secures Supply Agreement, page-3

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chris1983

13,667 Posts.

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06/08/19

09:54

Post #: 39876973
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Originally posted by SDi: ↑

If I have read the announcement correctly, the total value of the crop is estimated at larger than $45 million AUD.

(The total Supply Agreement value is US$10,500,000 (A$15.4 million), paid in instalments, beginning 20 October 2019. This is for less than 30% of the crop).

It isn't a great day for the announcement, given Trump's shenanigans, although it is nice to have an estimated value.

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it’s going to run off this. Don’t care how bad the markets are. Total crop worth in excess of 50 million aud going by the first sale of 30%

CLI Price at posting: 7.8¢ Sentiment: Buy Disclosure: Held
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