You seem to be confusing sandalwood oil sales and plantation sales. Plantation sales are unlikely to match up to previous years given the exposure of QIN's business model, yield assumptions and end markets.
$5m of H1 product sales came from shanghai richer link, 5m from spicatum. That leaves about 7m of sandalwood oil/heartwood sales. That converts to around 40t of heartwood sold in the first half. They can't even sell their tiny harvest, let alone the larger ones to come.
QIN Price at posting:
46.0¢ Sentiment: Sell Disclosure: Not Held
