Again my understanding of the finance is different, I will use the example of a dairy farm. If the dairy farm consistently milks 2000 litres a day and wants to borrow money on the future milk not yet produced. They are NOT lending money on future possible production so he can buy a new quad bike. The same dairy farmer milks 2000ltr it sits in his vat for a day the truck picks it up takes it for processing it gets bottled transported to the shops and then sold. If this process was to take 3 months and the farmer won’t get paid until the bottles of milk are sold. Spenda in this case will lend the value of the product to the farmer . This helps his cashflow for fuel wages feed ect.
SPX Price at posting:
2.3¢ Sentiment: Buy Disclosure: Held
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