From what I remember from AGM in 2014 FRM exports value added products (bulk) but there are very tiny amounts. Company mentioned interest from China but they are focusing on domestic market (rightly so IMO).
As you, I believe they can export VAP to other countries (1-2 years expiry). Fresh eggs is probably a bit tricky and too troublesome. Anyway I believe there is so much potential to cover Australia demand that company s doing a right thing setting up a base here. With China crazy/non-sense always changing regulations it would drive FRM and us crazy by rejecting eggs at the port - IMO. Who cares about them atm, there is enough cash flow to harvest from Australia.
There are a nice companies Golden Eggs and AAA Eggs in WA which our Non Exec Directors are owners, they are owned by West Coast Eggs (I think) which owns 50% of FRM. Golden Eggs also does value added products - funny coincidence... Wondering if we could merge... Could be a lot of cost cutting opportunities cause of double supply and apparently Golden Eggs has most of market in WA... Also that would create amazing supply power for VAP and export division.... just a thought...
