Explosive register. Empty sell side. Nothing being sold., page-9

First 9 Last

Share
Profile

Follow
Macod

41 Posts.

1

20/07/18

23:47

Post #: 34489515
Share

Originally posted by Red Baron ↑

I believe you are spot on there Quanta

They dropped the hint with Gibio, telling us about the investors behind Aerofarm & Plenty such as Jeff Bezos, who by the way just knocked off Bill Gates as the richest man in the World. I have good reason to believe when they announce the investors behind Gibio, people will pay more attention & investors will realise those 10 facilities over 5 years will become a reality, just as a starter.

Then there is MJ cultivation they say they'll integrate into. A quick look at what the 10 room 240 machine facility like they show in their presentation could make.

As per the presentation a 10 room facility would make 1680 lbs in 60 days, 6 crops a year = 10,080lbs or 4580kg per year.
Current prices for flower range from US$14 in Arizona (MPX) and C$10 in Canada, conservately assuming around A$10 that would be $45m worth of sales per year!
MPX claim their growing costs are less than $1 a gram using Rotogro machines, so you don't have to be an accountant to see the profits would be huge.

I don't think it's a coincidence they have a 10 room/240 machine facility in their presentation, Miracle Valley put an order in for around 240 machines, and they state they are looking to go into MJ cultivation. I'm not saying they'll buy into MV, just that their design is based on such a facility.

And yes the register is very tight, as evidenced by the see sawing share price on not much volume. When word gets out and people want in... the sp will takeoff.

Expand

Red Baron - the second potential order discussed by Amfil is for 216-240 RotroGro machines. And I believe that order is farther along than Miracle Valley. Link to PR below:

https://www.otcmarkets.com/stock/AM...Roll-Out-Plans-For-A-14000-Sq-Ft-Ar?id=168811

RGI Price at posting: 37.5¢ Sentiment: Buy Disclosure: Not Held
3 Upvote

0 Great analysis

Reply

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 2 more messages in this thread...

First 9 Last

Add RGI (ASX) to my watchlist

Explosive register. Empty sell side. Nothing being sold., page-9

Top Stories

Breaking news: New opportunities for investors & companies - HotCopper opens to capital raising!

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

Featured News