Ann: Implementing Strategy - Market Update, page-40

The next report is due in end February. This was the assurance given in November
Design Feasibility and Business Plan
The preliminary design and high level feasibility of the Camperdown Dairy Park facility has been developed in-house, and shows very positive potential with a preliminary estimated capital cost of circa $50 million over a 2-3 year timeframe. This is planned to be funded by a combination of joint venture partnerships and a reorganisation of the Group’s approximately $28 million of assets allocated to direct farm and livestock ownership with a view to minimising dilution of existing securityholders.
To progress this project rapidly the AHF board is assembling a compact group of industry experts to develop the detailed structural and financial Business Plan for the Camperdown Dairy Park and the Group’s further development into specialty products for domestic and export sale where the emphasis will be on specialised markets with high value ‘Own Brand’ products. Target delivery of the first version of the Business Plan is end February 2018. The Business Plan will include more detailed estimates of expected capital costs.