SFG 0.00% 0.3¢ seafarms group limited

Stimulis packages, page-34

  1. 4,787 Posts.
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    I have no association with the company, nor any of its directors/management, nor am I an employee/contractor, and not involved in any other capacity with the company and its operations.

    My only involvement with SFG is via my shareholding in the company, which will be my BIG payroll in time!

    I have followed the company, and it's previous involvement in carbon trading. I've had my frustrations along the way, and believe that the successful move into prawns is a testament to the tenacity of directors despite the disappointment of the carbon trading business which would have borne fruit if not for Tony
    Abbott scullduggery.

    And for those newer shareholders, the progress of SFG to acquire all of the current prawn farms in N Qld, complete considerable operations upgrades, is also a demonstration of the quality of staff, from Dallas Donavon down.

    I remain heavily invested, buoyed by the successful progression of Project Sea Dragon from Scoping Study, Pre-Feasibility, Feasibility (albeit theoretically Feasibility Study not finally declared complete), plus the completion of environmental works and approvals, the finalization of ILUA with native title holders. Plus the grant of Major Project Status by NT, WA, Federal Govts.

    AND I take comfort that the Chairman has personally invested more than $30 million in capital raisings to date, with an intention to put in another $6+ million as part of the latest raising.

    PLUS Nissui involvement, AND Jan Cameron, both as substantial investors.

    AND the fact that PSD is a nation building project, it provides considerable jobs at a time when Australia needs such projects, and effectively develops a brand new export industry for Australia, with annual revenues greater than the export beef industry!

    Unlike the knockers on HC threads I support companies that add value, with ultimately an attractive return for shareholders.
 
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