Agree Longreach except for the label of speculative play
What needs to be remembered is that SFG already runs a profitable Prawn Farming operation in Qld and has chosen to plough all of those profits back into the development of PSD which to date has been of great benefit to shareholders as we carry no debt (yet) and in expensing all of these costs (and therefore accruing losses) there will be future tax benefits when the serious $ start rolling in.
Whilst there is still some risk attached to PSD I do not see my (growing) holding in SFG as speculative...
Ann: SFG AAM Legune Completion and App 3B, page-58
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