Hi guys,
The interest on 500 mill would be about 1 cent per litre off our milk price. Synergies would pay for this and our factories would run at capacity in the west.
Look at the size of Royal Friesland Campina etc and consider they have the scope to really make the big contracts in Asia.
At the moment half of Mg's milk is servicing domestic needs and if it could boost exports to say 80% far more profit from the booming Asia export market would come to farmers.
There is a need for competition, and there already is more than enough in Gippsland and Northern regions to keep MG honest.
WCB board so single focussed at the moment it is disappointing for the future of Australian dairy.
Sigh
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