momentum being built before the annual meeting on 25/10 indicated a bullish signal for the stock regardless the environmental activists.
http://www.theadvocate.com.au/story/5006674/states-salmon-dollars-at-risk/
the article stated it should be a disastrous for the state economy based on the fact that salmon industry is the only growth sector in Tasmania if they don't support Tassal's expansion.
Tasmanians have no jobs. They must move to melbourne and other states to find work but they don't know how attractive is Tasmania due to its best seafoods and luxury resorts.
They think Tassal will pose risks to the water thus restricting the state tourism.
The report said 38% of salmon lovers and 45% non salmon lovers do NOT care about what's happening. The percentages proved there're NOT much activists out there. I think the gov. will tick Tassal expansion.
No fishes in the water means the water is dead. No one will come to visit the state if the industry is NOT booming.
Waste water treatment is the best method to purify the water. It will prevent sea lies as it happened in other countries this year.
sea lies will develop very fast if the food and the waste built up underneath the sea beds are ignored.
I used to catch sand craps so I know sea lies are very hard to get rid off once they're there. It's been 3 years I haven't caught any craps.
It's similar to the salmon industry. It will face more problems, not just a few months like you had witnessed the salmon price in March 2017
Tassal has been engaged with Deakin university to find out solutions to improve fishing methods.
Tassal also tried to interact with local communities to support the state good food and good health.
Shanghai market is the one to go at all costs. Nothing will stop Tassal's growth.
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