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29/01/16
11:23
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Originally posted by abaloney
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Briefly read through the document and I like this sentence alot:
'The Company proposes a name change to Alterra Ltd to reflect broader scope of agricultural ambitions.'
Quick check on ASIC register shows that the name has been reserved.
Not sure about the rests of you, I like this name alot.
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The proposed name change to Alterra Ltd was mentioned in the MoU announcement dated 9th December 2015 as the final highlight...
Carbon Conscious announces its intention to expand the business into the Western Australia (“WA”) dairy market with execution of an exclusive non-binding Memorandum of Understanding (“MoU”) with Green Lake Pty Ltd.
The MoU establishes a framework for entry into the lucrative Asian export market underpinned by exclusive, long-term supply of fresh WA milk into China.
A supply arrangement with Green Lake would provide strong upside potential with an initial targeted penetration into a middle tier population of 10 million people.
Australian fresh milk currently retails from A$8 - $10 per litre in Chinese supermarkets.
A completed transaction would provide a first-step expansion of the Carbon Conscious business into a larger, diversified agribusiness model.
Proposed name change to Alterra Ltd to reflect broader scope of agricultural ambitions.
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