Anyone tried their products? Well laid plan with sufficient...

Anyone tried their products? Well laid plan with sufficient capacity for growth. Strategy to deliver that growth will be the key factor, and are they providing a product that resonates with Aussies (in the short term) to capture the market share they have noted. The whiskey strategy is a tougher path (tighter margins when adding in storage and maturity costs and dofficulty in responding to demand increases). Vodka and Gin are much better for cashflow, hopefully these (Gin when they launch), will support short term cash/capital investment in Whiskey storage until 2023 when they start seeing some volume of the whiskey at maturity and getting bottled.

Ord Minnett has 12m price target of ~$3.00.

But a longer term view could see 4x sales/EV. So at sales of ~$70m in 2023 could see a $280m EV.. Three times current share price.. And plenty of capacity to grow, and doesn't.

Im accumulating at anything under $2.00. for a 3 year hold.

I see this as a lower quality/lower GP margin/higher volume Lark story (which I was also buying from $1.25 and primarily on the back of a quality brand and even better management).

TSI lacks the quality, but they have the management, and they aren't kidding themselves about being premium offering. They are after the everyday social drinker, and giving them an aussie made alternative.

DYOR as this is a very basic view and they do hold some debt and will probably need a cap raise next year to keep laying down more whisky. GL holders.

Happy to hear any comments on the negative side. Cheers for any input.