Hi Dalkey why was your ceo in the paper every second day whinging about water prices last year? my understanding is that it's not profitable at $400 per meg.
Didn't he buy the land and water, and then sell all the water?
meanwhile government was buying up water, reducing the supply so water was going up regardless. what a great idea?
Nearly all horticultural crops can pay more than $400, hence this business is a BIG SHORT.
CBO do not have any permanent water.
it will only take 2 years at $500 per meg and CBO will be worth $0
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