RGI 0.00% 22.0¢ roto-gro international limited

A few more tweets from Amfil Gro3: https://twitter.com/AmfilTech...

  1. 4,156 Posts.
    lightbulb Created with Sketch. 7028
    A few more tweets from Amfil Gro3:
    https://twitter.com/AmfilTech

    License holder of recently announced order for the 100 RotoGRO units with GRO3 systems received letter from Health Canada.
    Their final inspection will take place on Dec. 18th 2017 with the license expected to be issued by Jan 30th 2018.
    Coordinating with RotoGRO to have roll-out complete before Dec 18th. Deposit towards this deal was sent to RotoGRO today. @GRO3Systems

    Cultivators need to have all the equipment in place before an initial license is issued.
    This to me confirms the 100 unit order is separate to the 216-240 unit order.
    You would assume once they receive the deposit, it firms up the order so an announcement might be in order? The EuroAg (BCC) order was announced even though only 80 units a year over 3 years.

    The units delivered to BCC back in July about 10 weeks ago should be getting close to harvesting the first crop (grow cycle 8-10 weeks). This will be the first commercial harvest for the Roto-Gro units. Very important this is successful, no doubt Roto-Gro staff would have been overseeing this operation. Once commercially proven, sales should ramp up.
 
watchlist Created with Sketch. Add RGI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.