Not sure how closely you have been following SFG but we don't need any offtake agreement. There is plenty of interest from multiple sources in the output from the farm when it eventually begins and we have a global seafood distributor as a shareholder who has already locked in some of the production - I am sure that they will take more if offered but the feedback from directors was there is enough demand in Asia for these prawns that they could sell the output twice over!
Money from NAIF will be great but is not the only option - we will soon find out I guess.
Ann: Trading Halt, page-4
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