OGA 1.12% 9.0¢ ocean grown abalone limited

China goes wild over ocean Abalone, page-3

  1. 288 Posts.
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    @seannguyen777, it is an on going operation with seeding and harvesting using the same abitat. Once established, 200 tonnes is an annual production from 2020 onward just on the 2 ranches in Flinders Bay, Augusta. Esperance is still testing and Flinders Bay's third ranch is part of the future plans. Every ranch of 5000 abitats will yield 100 tonnes when matures.

    Do the math, $11m revenue from 2020 onward, no feeding cost, expansion with additional ranches. It is a breakthrough.
 
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