Ann: Quarterly Activities/Appendix 4C Cash Flow Report, page-80

Hi Neil,

Sorry, i thought my previous posts were clear, but i shall answer your questions in 2 parts, as i feel this is the only way to do so.

"As a finance guy, do you believe that crop outcomes can alter and have different results between announcements, as compared to FMGoods (static) sitting on a shelf?"
As any rational person (Finance/Marketing or otherwise) yes, i do believe crop outcomes can alter between announcements, whether or not it is compared to FMGoods.
The company could announce lush green fields one day, and the next see it wiped out by a meteor strike. Extreme example, it could even be the neighbours cows broke into the paddock and ate it all. It can happen.

"A December reported Quarterly seedling crop possibly being different from a growing crop, 3 months later in a Half Yearly Report perhaps?"
I dont believe this to be so. A 31st of December Quarterly, and a 31st of December Half Yearly, are both static reports, at a specific date in time. They should not change.
Your bank balance as at 31st December 2018, remains the same, no matter what spending spree you have conducted post that date (or capital raise injections).
My belaboured point about the 2 reports, is that NO updates had been provided in between, and to slip in a comment to the half yearly report, worded as if everyone should already have been aware of the issues (CONTINUE) and presented as if this was the case as at 31st of December, when it clearly was not the case is disingenuous at best.

I also note an excerpt from the aforementioned 31st December 2018 half yearly report.
There is no mention of these unprecedented and harsh climatic conditions, affecting quality and yields, in the June quarterly, nor the September quarterly nor the December quarterly. You must admit Neil, that weather conditions do not retroactively occur, and thus should have been known, and mentioned at some point during 2018? if Yields were impacted in 2018, the August harvest (as depicted in June 2018) should have been known in the 30th September and 31st December quarterlies. . .

June 2018 Quarterly
https://newswire.iguana2.com/af5f4d73c1a54a33/cgb.asx/6A893542/CGB_Quarterly_Activities_and_Cashflow_Report
September 2018 Quarterly
https://newswire.iguana2.com/af5f4d73c1a54a33/cgb.asx/6A907533/CGB_Quarterly_Activities_and_Cashflow_Report

December 2018 Quarterly
https://newswire.iguana2.com/af5f4d73c1a54a33/cgb.asx/6A918771/CGB_Quarterly_Activities_and_Cashflow_Report


Trial Winter crops pictured in the June 2018 Quarterly.