SFG 20.0% 0.2¢ seafarms group limited

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  1. 46 Posts.
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    Interesting article on food giant Charoen Pokphand working with Aquamof on a [rumoured] indoor shrimp facility, capable of producing 200,000 metric tons p.a.

    https://www.undercurrentnews.com/2019/06/05/cp-commissions-aquamaof-to-build-major-ras-shrimp-facility-in-china/

    What is everyone's thoughts on overseas competition and the effect it may have on the outcome of Project Sea Dragon? Sure, they won't have best genetic black tiger prawn etc etc, that Seafarms is banking on, but I'm betting that if true they'll get this up in at least half the time of PSD (China moves quickly) and solve the biosecurity issue through indoor technology. Other countries also seem to be ramping up production again.

    Thoughts?
    Last edited by trent172: 11/06/19
 
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