RIC is going ahead with the Tas feedmill despite the loss of Huon as a customer. If the company is relaxed, we should be too.
It continues to invest in plant and equipment - behavior unlike many Oz companies. I like that.
The Vic government's Nelson Cove plans are close. Any use will be transformative of Geelong's waterfront - in fact, all of Geelong. I don't expect early cashflow, but I do anticipate a big value uplift.
Ash
RIC Price at posting:
$1.26 Sentiment: Buy Disclosure: Held