SFG 0.00% 0.3¢ seafarms group limited

Yes i read the update and thought very good timing and much...

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  1. 139 Posts.
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    Yes i read the update and thought very good timing and much positive endorsement for SFG with some small mentions of PSD. I was a little less enthused by the NTIF agreements in that round one doesn't IMO go far enough for what required for PSD. In that the changes to The Food Act 2004, would appear to be more about actual food business's than large scale projects that have the intention to supply food etc. The Water Act 1992, longer water licence, this may be applicable, useful but not funding related.
    The further rounds later in the year may do what's needed.
    The element to provide Concessional loans from the NTIF fund for large projects up to 50% of total project is positive. So unless something else is in the wind that, as an investor aren't aware of, we may still have to wait for a left field announcement. In no way does any of the above change my resolve with this stock btw.
 
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