CGB (ASX) Ann: Queensland Bauxite Shareholder Q and A

Originally posted by BPacker ↑

“In spite of some of the difficulties experienced with growing these new crops as detailed below, the Company is pleased that it has still been able to secure around 80 tonnes of hemp seed for immediate production and is expecting to be able to increase that amount of inventory significantly in the coming months as the further harvests progress.
“The lower than expected yields of the hemp crops means that major expansion will take a little longer to implement than we had initially expected, but we are hopeful that the winter crops will fare better, and we have much greater confidence in the upcoming spring crops to achieve the numbers we have been hoping for to supply the market to meet the huge demand we have been seeing.”
I’m not sure you’re understanding this the way I am but that’s okay, maybe there is something wrong with my device/language as you seem to think?
It is quite obvious from the initial 300 hectare summer/autumn crop, where 20t was sown, that only 80t was harvested. The lines “expecting to be able to increase that amount of inventory significantly in the coming months as the further harvests progress.” are very obviously not talking about the initial summer/autumn crop, where the initial 20t was sown. That is referring to the autumn/winter crop and then the spring/summer crops to come, hence, “as the further harvests progress”. If any of you think that the harvest from the initial 300 hectare crop is still underway, when it was harvested months ago, you are a tad deluded.
So, I’ll state again. From the initial summer/autumn crop started late 2017, where the company planted 20t, it seems they harvested 80t. They are expecting better yields off the harvests they are yet to do, and from memory they will be completing 3 harvests per year. Correct me if I’m wrong here I’m happy to be made out to look like a fool, but only if I’m wrong. Otherwise, maybe have a better read before you try and prove a point, as you may end up looking like the fool.

Expand

Well said Sir. I just cant see the upside in the Ann it just reads so poorly to me when I really analyze the wording it is very negative regarding Hemp and at the moment all I have is QBL's words you couldn't even call it "mutton dressed up as lamb" it is that negative imo. I find it fascinating it hasnt caused more debate today or pressure on the SP.

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

KGL

KGL sniffs 19% Cu from drilling at Rockface play in NT

STN

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Climate change to drive market trends to the moon

RHI

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

TVN

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

ITM

Fast-track assaying yields 182 g/t gold for iTech at new NT play

LLL

Ann: Queensland Bauxite Shareholder Q and A, page-36

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

KGL sniffs 19% Cu from drilling at Rockface play in NT

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Featured News

Ann: Queensland Bauxite Shareholder Q and A, page-36

Top Stories

Has uranium run out of steam? An update on nuclear markets & developments ahead in FY25

KGL sniffs 19% Cu from drilling at Rockface play in NT

Saturn’s stars have aligned for the gold explorer’s Apollo Project

Climate change to drive market trends to the moon

Red Hill Minerals Signs $6.5 Million Agreement with Peel Mining to Explore Curnamona Project, NSW

Tivan and EARTH AI gear up to commence fresh drilling at Sandover lead-silver project, NT

The Big Deal: Free-to-air TV swings the axe, but will it be enough as enormous sports deal bills loom?

Fast-track assaying yields 182 g/t gold for iTech at new NT play

Leo Lithium announces major divestment of flagship Goulamina project to Ganfeng

Week 27 Wrap: "Election year" is here as UK Labour win contrasts France; Trump wins immunity & annual report season hushes ASX

Featured News