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Ann: Offtake Agreement with Angola's Largest Food Aggregator, page-113

  1. 485 Posts.
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    Incredible story chuk!

    I personally like all your posts, but one thing about NPV I would exercise some caution: it is only realised when revenue is made as advised. Had the deal with Carrinho not made, it would have been a hard time to reach that NPV guidance. It seems the collaboration with IFDC is dead, now that Carrinho is the party responsible for aggregating demand from small farmers. It may not be that linear. What I don't like is the information asymmetry here: MNB apparently knows more about its position than us. Were it (or not) pushed into the corner when it comes to deals and timelines, we would be the last to know. At least that's been the case for the past 2 years, which I am not entirely comfortable to be honest. NPV isn't gonna the only thing that makes me sleep well with this investment.
 
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