Is that with or without the required capital investment of up to $70-80m (+10 if a buffer USA allowed for) or more ——- 50+ for the new facility + 10 buffer; 10+ for the farms to be converted; 5-10 for makeup of operating cashflow losses /timing conversion losses; 10 almost 11 to repay the CBA; 5+ for stock conversion; +???? for CDC RPM.
Or, is $5m all that is required to make all this happen?
Why then the announcement with no finances involved, no explanation of how the organic shift will be achieved without a supporting cost profile? How will the funds be raised - organically?
JV? - eroded profit.
Debt? - cost to profit.
CR? - heavily diluted profit.
It’s of course promising but until the details are provided it is merely a matter of words - so prospectively or wishful promising with the certainties of achievement yet to be announced /advised. Yes or no!
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Any Appendices or SSN's tonight or tomorrow?, page-32
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