Tassal Group Strategic Thoughts, page-619

On prawn costs, i think we where first to introduce the smart automated feeding (they make louder noises when they are hungry), the scale we have that justifies such automation will be reducing our labor costs compared to competitors.

I too expect us to be lowest cost and highest volume, the only play our competitors have is to focus on operating cashflow breakeven. SFG is the second biggest farmed producer, and they are cashed up, their expansion plans are on hold (will likely never happen imo), but they are probably in a position to influence prices. A couple of other smaller prawn farms have been on the market in recent years, i guess they saw it coming.

Northern Australia is having a bad season, but IIRC it was a good season earlier in the year off Queensland, but i dont follow the wild catch that diligently.

If our FY harvest is on target at 40k, and inventory remains steady with HY, then sales for this FY should hit 43.3k, because there was 3.3k draw-down of inventory in H1.

H1 sales where 25.6 kt, which suggests to me 17.7kt sales in this H2.
In FY21, total sales where 37.5kt, with 20.5kt in H1, leaving 17kt in H2.

So it looks like about the same H2 volumes as last year to me, subject to them hitting the 40k target.