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2.4¢ epsilon healthcare limited

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Goldking93

1,002 Posts.

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26/03/19

10:26

Post #: 37883263
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Originally posted by Marek78 ↑

yes THC are expecting the licence in Q1, but no timelines for certain when dealing with ODC, there well publicized overloaded with applications.

It's a best guestimate from THC management, they've done everything over & above what ODC has asked for, to the point where we've been issued the just as lucrative permits (who else has them again, CAN & who else??) & are growing so we're seen in ODC eyes as compliant & staff quality exceptional to the expected level of the regulator.

No issue at all, just a formality, next update or one after it'll arrive, I'd bet my bunch of shares on it.

On another note, the latest article mentions;
"The facility can produce up to 12,000 kg of cannabidiol active ingredients per annum, which the company expects to be valued in excess of 10 cents per miligram"

Can anybody work out that in straight $$ figure?
My maths must be wrong?
thanks in advance

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https://hotcopper.com.au/threads/ar...post=true&direction=previous#.XJljJpUUkSs

50,000 kg per year, CAN will produce the same amount and was expecting 160 million AUD per annum from their 50,000 kg production..

DYOR

THC Price at posting: 54.5¢ Sentiment: Buy Disclosure: Held
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