trading halt, page-27

I am starting to think any ASX or NZX listed company involved in actual farm production is a looser.
The Kiwis couldnt get it right with their dairy farms IP in Uruguay and these ASX listed forrestry companies seem just as hopeless only actual farmers and partenrships seem to work.
Form the latest boardroom transcript
"As and when additional resource becomes available in the future and markets
allow for an expansion in capacity, the mill could effectively double its
capacity utilising the same plant with only minimal additional capex."

To me that sounds euphamisticly like they have spent twice as much on CAPEX for the volume they intend to produce initially

I am happy to have not taken part in the rights issue untill this company can stop wasting shareholders money. The bardroom transcript today had no forecast profit for the future ....what gives ? Certainly not my cheque book.