"So 20 tonnes in addition to 60 tonnes planted not 500 tonnes planted."
Please note, i said "
500 tonne expectation". As you would know, as i have mentioned this from time to time, this was the HARVET EXPECTATION, not the seed planted.
" I do know that Andrew K. tried to explain it as clearly as possible and in language, the ASX would accept, and permit to be put to market over about 18 month period."
Are you saying that the complete lack of transparency from the company, was actually do to the ASX not permitting the market to be informed????
1st question: If the company legitimately expected to plant 20 tonnes, and to harvest from that 500 tonnes, based on their trial crops, and other farmers experiences around the world, then yes, the market should be informed of this.
Expectations of other farmers would indicate this to be a very reasonable expectation, with APH forecasting a 10tonne planting to result in 240 tonnes of seed.
August 30, 2017
https://www.weeklytimesnow.com.au/agribusiness/farmer-of-the-year/australian-primary-hemp-will-plant-300ha-in-western-district-this-year/news-story/0d874deb68393d79c1dec1a622c26ef6
No indication that their 700 hectares, was impacted at all by the drought.
January 16, 2018
https://www.agtrader.com.au/news/livestock-cattle/growers-busy-on-first-hemp-harvest
May 4, 2018
He goes on to note that PESTS and DISEASES were the main problems.
https://www.abc.net.au/news/2018-05-04/hemp-mass-production-cropping-knowledge-builds-with-first-crop/9722464?utm_campaign=abc_news_web&utm_content=link&utm_medium=content_shared&utm_source=abc_news_web2nd question: No advice has been given by the company, so it would be impossible to determine whether Andrew, nor any of the contracted
"
expert carefully selected farmers " had any share of the blame for the failure to produce a crop. Australia experiences drought often. Was this not planned for in the selection of suitable farming ground? Was irrigation not attempted? Other farmers did not seem to have the same issue with the drought, nor heatwaves, as per the news articles i posted previously.
Additionally,,, Cann Global posted pictures on social media, of the crops growing at Waltanna farm. Do these look like drought heat stricken crops to you Neil? At what point did the crops begin failing, and when would it have been incumbent on the company to inform shareholders of this?
Another company update in March 2018, of a 27th of February 2018 visit.