two thousand tones " wow", page-2

Digesting yesterday announcement CAQ says significant due diligence already conducted, cost of project $20+ million, discussions well advanced for industrial land, engineers going over to secure site selection.

It Tells me that when a company signs an MOU to establish a venture it usually goes ahead with the only sticking point being finance, but this South African company appears to to be a very big company in seafood production,
and will secure project financing.

They would have approached us and gone to Malaysia to see Cells facility, with CAQ securing a 40% joint venture is fantasic.

A two thousand tonne facility would mean 200 tonnes of fish coming out every month and 40% coming back to CAQ in revenue. the company has been very busy in furthering its expansions.

Viva-La-Cell.