CSS clean seas seafood limited

worlds largest aqua industry buys 17%, page-6

  1. 428 Posts.
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    I spoke with the company secretary last week, he mentioned that they have successfully transfered kings to their sea cages and that they are very happy with weather and sea conditions for a transfer of the SBT's. The SBTs are to be weaned onto human feed, which if successful will mean CSSs operation will be almost completely renewable without detriment to the environment or another fish species. However, what was mentioned is that if human feed is unsuccessful pilchards and sardines can be substituted easily.

    And yea Bullbar im not sure about this year, but about this time last year prior and during our run to 19-20c Patersons had CSS as a buy with a target above $1. And we are definitely in a much stronger position this year than last.

    Definitely a positive shift in sentiment for this stock however, because of the last few years of disappointment investors are definitely going to be reluctant. Im sure if and after we close out the life cycle investors will be going nuts for this one.

 
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Currently unlisted public company.

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