only becomes trading stock / inventory when harvested so as at ann rpt there was no crop harvested . Same with all crop agriculture. As for partnership and such deals I don't want spend the time to resolve correct reporting . Greater than 20%( from memory) partners can put it on own books depending on how the separate partnered entity is accounted for and combine that with different country laws on taxation, ownership and licensing and .............well I'm not going to go that deep when there is no $ to be made. ..
They should however have indicated what stage it was at , possible yield and progress on structure and lic etc especially in notes in regards to happenings since year end. But hey I'll read more eventually looking for the usual grub that doen't line up with other announcements.
PS You using this new HC format and spending 10 times more time clicking and scrolling - what were they thinking??