Just posted this in the grains thread for anyone who doesn't...

Just posted this in the grains thread for anyone who doesn't follow it:



'I've just come across these guys as well.

I called the company today (25/9) and spoke with one of the directors, whose name I completely missed, and they've told me that the trials they did in QLD went well, and they are now trailing the sorghum in WA and NT currently with results expected by start of next year.

They're the sole licensee for distribution in Australia and have shown a far superior growth and harvest rate compared to sugar cane, so it is likely they will start producing en masse next year. Their company reports state they are expecting to have positive cash flow in CY2015.

He also mentioned a consol was not far fetched, but they have no specific plans at this time.

Probably worth a punt given you can currently pick up a parcel at .1c.

Oh also they've just converted all existing debt into equity, so on the books they are now completely debt free.'