Very impressive business development by Tim Hart & team.
Lara feedmill is enormous. The large storage silos will give plenty buying/transporting flexibility. I recommend you watch RIC's Lara corporate video. The Golden Plains Food Production Precinct with major Victorian Government infrastructure spending is immediately to the North up the Midland Highway.
See: https://www.goldenplains.vic.gov.au/business/major-projects/golden-plains-food-production-precinct
The planned replacement Bendigo feedmill looks similar in size and layout to Lara. (Has commissioning been delayed??)
And Novacq! Major progress in Thailand with govt permissions on land purchases for more ponds. I am curious to hear about the benefits to prawn farmers and their acceptance of Novacq. Then there is consideration of Novacq production for prawn farmers in India and Ecuador.
This little stockfeed business is on the cusp of becoming a multinational!
I can't fault their ambition. Hope RIC has enough capital to realize the dream.
Ash
Ann: Ridley presentation - Credit Suisse FNZC FB Focus Day, page-2
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