Ann: Select Harvests Market Update , page-3

Interesting that its a relatively significant expansion of credit facilities 88mill including 'working capital' while they had reduced debt, from memory, to 34 million in last report

This is just what I wanted for them to expand........but they are still talking about a potential capital raising, which is unfortunate....

Not such a surprise I guess cause they are snapping up 'long term leases' like a drunken sailor, while at same time planting WA......neither of these assets look cashflow positive for 5 years or more....

Add to that the planned outright purchase of mature orchards.......no update on that......for something like 26million was it?????

Yes, indeed....no matter what happens with the water and almond price cycle.........Select will never be the same again after this significant asset binge and WA expansion

I'm on board this cash generator for a long way to go