And to add as a footnote, it is actualy less than 9 years, given...

And to add as a footnote, it is actualy less than 9 years, given they forecast a CAGR of at least 10% per annum until 2015....

Risk is not so much on demand as increasing trend towards greater salmon sales with greater focus on healthy eating, risks on supply side are also well managed based on past experience and breeding developments.

good analysis though as you always need to play with the numbers to find "value" stocks like this.

Cheers

Londoner