TGR 0.26% $3.89 tassal group limited

Ann: Waste Management Practices in Macquarie Harbour Approved, page-7

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 5,085 Posts.
    lightbulb Created with Sketch. 146
    From the recent announcements 'Tassal reinforces facts to market'
    "Any Salmon grower in Macquarie Harbour can stock up to 28 tonnes of fish per hectare if it is using an EPA approved waste capture system. When Tassal stocked its 2016-year class fish the tonnage allowed was 33.58 tonnes of fish per hectare"

    From an earlier announcement 'Tassal moves to correct Huon Aquaculture market statement'
    "The EPA has clarified that each Salmon grower in Macquarie Harbour is allocated 13 tonnes per hectare. If any company opts to implement a waste capture system, that would allow an additional 15 tonnes per ha for the 2016 year class, as long as  fish waste is captured."

    So the waste management allows us to increase from 13 to 28, which is slightly more than double, so a big deal, but that still contradicts the bolded part about 33.58, maybe its still a reduction in real terms ?
 
watchlist Created with Sketch. Add TGR (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.