The mention of an interest in taking up aquaculture ownership or joint ventures can be excellent or disaster.
Let's hope they pick the winner if they do.
Other than prawns, the ventures that first come to mind for me are Clean Seas Tuna in Port Lincoln, the big Barramundi farm near Darwin and the Cobia fish farm in the Whitsundays area.
CSS really need help with distribution in Australia, something a tie in with De Costi could help with. CSS sell a fair bit of their product overseas and may be able to help sell salmon in these markets as well.
TGR Price at posting:
$3.58 Sentiment: Hold Disclosure: Held