Processing and then Marketing and distribution across internationl borders is a complex expensive excercise requiring three different skill sets and subsequent seperate company divisions. You are not even half way there when the cattle are delivered to the yards.I do not see the experience within the company that could produce an economic outcome to the share holders.My fear is that we will end up with monstorous debt that can only be repaid with the morgaging of our land and cattle.Why take the risk on this long shot.Sell cattle , develop genetics and grow and improve our land bank is the way forward .The current share price backs up my arguement . Good luck... Bobby
Buffett/Munger: Cattle Ranching is "Worst" business, page-28
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