RIC 1.47% $2.76 ridley corporation limited

Ann: NOVACQ(TM) AUSTRALIA COMMERCIAL TRIAL UPDATE, page-4

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  1. 2,299 Posts.
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    That sounds most encouraging. No hard and fast statistical data, but clear benefits and a desire by customers to continue.

    Interesting comments on ‘low protein’ feed, which I take to mean less fish meal is required - the by-catch from wild fisheries is competed for and becoming expensive. Also nitrogen benefits, which allows higher stocking rates. Instant productivity without capex.

    The prawn farm changing owners could well be the Yamba site where Ridley leases ponds to manufacture novacq. I saw the prawn farm readvertised in the AFR this week. RIC may or may not be interested in buying.

    Good progress, RIC

    Ash
 
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