They have a 3 year lease on 150 ha. They have the right to sub lease in year 2 and 3. If someone wanted into the hemp market they would want more than a 3 year lease etc.
Down ramping I suggested selling on day one. My view has not changed. I have seen this company for probably 10 years. I have seen them try and raise money all the time.
Nothing has in my view changed. Traders can make money but longterm still don't see value in this. Much better long-term investments.
CLI Price at posting:
2.9¢ Sentiment: Sell Disclosure: Not Held
