RFA

0.00%

2.5¢ rare foods australia limited

Ann: Quarterly Update and Appendix 4C, page-11

First 11 Last

Share
Profile

Follow
HotCrossBuns

111 Posts.

9

20/02/20

01:58

Post #: 43034425
Share

Originally posted by Aftermath2017: ↑

From my take on things, attending AGM, and hella question asking.

OGA sell under two brands. Why? Ocean Grown, (being the 'grown') was associated with farming, so was relayed back to them by customers. So they started a brand called Two Oceans, and market as such as wild catch.

They recently built a processing factory in Augusta to process up to 600 ton per year. As they are not yet near 200, that gives some forward thinking. I understand they have 10000 abitats in Augusta and should reach close to 200 in 2 years. As it takes a juvenile about 3/4 years to reach max growth point for optimal returns. They can sell at 90mm for example but why not grow it out and sell at 130mm as that difference takes less time. **I guess, and it is only a guess, its like the rings of a tree, larger the size/circumference more growth.**

They have been OK'ed to place another 5000 so that should up the production right there .... or so you would think.

Appearently they can sell whatever they can supply, and talking to management they are not willing to over promise. But that said if you can sell everything produced, then great.

Bottle neck here is supply of juveniles, which they source from a 3rd party, who is unwilling to spend to increase supply.

How to avoid this bottleneck, build your own plant.

Where, Esperance.

Why, Great deal with shire.

How, CR to fund feasability.

Oh the tourism bit. Nothing was mentioned about spending on tourism, but they welcome one and all appearently to veiw the facility.

Expand

They can sell whatever they can supply is the myst, because thier price is low, hence company is negative cash flow. Heck, if I low my price to whatever I want I can sell everything I have...not my sanity thouth...please keep your and stay away from this joice.

OGA Price at posting: 11.5¢ Sentiment: Sell Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

VMT

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

DVP

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

WGX

Westgold sets its sights on top five producer status through merger with Karora

GRX

GreenX picks up prospective copper project in Germany

NXG

Cost blow-out for Rook I uranium project sees share plummet for NexGen

BOE

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

MGU

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

VMS

Venture to sniff out high-grade REE targets at Jupiter project, WA

First 11 Last

Add RFA (ASX) to my watchlist

(20min delay)
Last 2.5¢		Change 0.000(0.00%)		Mkt cap ! $6.799M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	149996	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.5¢	351	1

View Market Depth

No.	Vol.	Price($)
1	149996	0.025
1	83351	0.024
1	2492	0.022
1	24502	0.020
1	50000	0.016

Price($)	Vol.	No.
0.025	351	1
0.028	26355	1
0.039	22628	1
0.048	43300	1
0.050	40000	1

Last trade - 16.12pm 02/08/2024 (20 minute delay)

RFA (ASX) Chart

Day chart unavailable

Ann: Quarterly Update and Appendix 4C, page-11

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Quarterly Update and Appendix 4C, page-11

Top Stories

Is oil undervalued?

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Westgold sets its sights on top five producer status through merger with Karora

GreenX picks up prospective copper project in Germany

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

Venture to sniff out high-grade REE targets at Jupiter project, WA

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News