Ann: Results of General Meeting, page-10

Lowball,
Isn't the answer to your question what price has BFC negotiated on forward contracts?
Does BFC have forward contracts or just playing the spot market.
Traders tell me Lactoferrins market is in balance at/near A$900kg.
New supply may unblance market so expect price drops. Recent Press on IMF into China or made in China suggests IMF market is travelling well below expectations.
Told compliance costs for Lactoferrins (95% purity) will be high.
Nice share price upward move today but with BFC is Revenue greater than all Costs every month every quarter every year from now on?? 6 years of history says no but bring on Lactoferrin recovery.
Why is Bega share price soft? Bega must be able to make 5o tonnes ++ per year of Lactoferrins. BFC staffers have all come via Bega??
Still in the front pew on a daily basis.