COZ 1.33% 7.6¢ commodities group limited

Ann: CO2 Group CEO Redundancy & App 3Z , page-6

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  1. 13,066 Posts.
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    Can anyone comment on the bolded text below, which came from the latest qtr?

    Our market insights and in house analytical tools places the Company in a strong position to identify the ideal sites for a world class project and to this end, the preferred sites for Project Sea Dragon have been determined and secured. Project Feasibility Studies have been completed and we are well advanced in our efforts to secure a Financial Partner to implement the Project.

    Does the acquisition of Seafarm and the aquafarms in Exmouth constitute the scalability they were talking about to produce for international markets or are we yet to see the big announcements? I'm interested in why a financial partner is needed and what sort of role they will play. My guess is that we'll see some sort of Asian partner, willing to stump-up $$ in order to secure offtake. I guess this is a salient point, as no offtake only leaves debt or equity to fund Project Sea Dragon.
 
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