This is taking a very parallel path on many fronts to another small listed company - SGH. They are quite a way further down the track than 1AG and not in dairy but in aquaculture. They came from a similar background and have moved into the food production space and took an option to buy on Legune Station for development. 1AG is probably about 3 years behind them in terms of feasibilities, approvals, designs etc. etc. and they haven't even started sourcing funding yet. Their share price jumped from about 4 cents to 8 cents over the past 2 years.
Whether 1AG get this one off the ground is a long way out yet but for shareholders I hope it sparks the same interest that SFG got back then to at least give you some options of stay or exit and maybe come back when it is more defined and refined as an investment proposal.
1AG Price at posting:
3.5¢ Sentiment: None Disclosure: Not Held