Hi All 4-6 weeks for construction approval then construction...

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Zamek

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06/09/18

10:59

Post #: 35443163
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Originally posted by Alk47 ↑

This is positive news and shows that another piece in the puzzle (distribution) has come together. Would be nice to know what, if any experience – A.M. Mangion has in the GMP space and how many of the countries they have access into are allowed to use our products (current GMP market size).

Anyone know what the timing is for the Malta site to be operational? It would have been good if we could have found a site that already had something constructed; guess we need to put our trust in management that they are spending our money wisely.

I wonder if we can get the processing component underway first, ie if we can import (if Malta allows) initially the raw product for Slovenia or where it is currently growing/buying (otherwise there is the lead-time to grow as well as process. Again hopefully management have factored these things in so that our products are into the market asap.

Overall (from my perspective) they seem to be doing all the right things (building the complete supply chain (seed to product), getting certification, finding sales outlets/distributors, building a database for uses (Melb) and making associations with key people (such as doctors with access to patients). It's a slow burn, let's hope our patience is rewarded.

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Hi All
4-6 weeks for construction approval then construction time. How long? They must already have some preliminary construction agreements which details time and costs.
Would be good to know these but Roby won't divulge until Malta gives formal approval.
So it seems that this may take the rest of this year and perhaps into 1Q next year.
This could be like watching paint dry-tedious
gltah

MXC Price at posting: 5.6¢ Sentiment: Hold Disclosure: Held
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