WNX 10.7% 3.1¢ wellnex life limited

CFDA, page-154

  1. 767 Posts.
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    until the actual supply of wattle organic infant formula has commenced (with appropriate cfda)
    what can you seriously expect?

    1. They just announced that they bought the land......then they have to settle on the land
    2. then they need planning approvals / building permits........
    3. then they need to issue a contract to build the plant and spray drier......
    4. then the actually need to build the plant and spray drier......
    5. then they need to commission the plant and spray drier......
    6. and THEN they can start producing organic IF..........

    and THEN they may have pricing power...........(depending what other companies also have organic IF by that time)

    how long do you think it will take to complete steps 1 though 5.....a few weeks??????

    that will take 18-24 months............
 
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