According to the Gage Roads Queensland insta flow, the "Red Rye" IPA is being rolled out in bottles/retailers and on taps in the first week of April. Note that IPAs where heavily favoured in the GABs hottest 100 in 2017, so this may be strategically targeted. I seem to recall that the Red Rye won some awards in Sydney or Melbourne competitions. It may be GRB's best (or one of) beer. Just found the link, it was the Sydney Royal Beer and Cider Competition:
https://www.theshout.com.au/competitions/gage-roads-wins-big-sydney-royal-beer-cider-competition/
The company is on the job. As usual most investors are clueless as shown by the share price drifting off just because a few weeks, or maybe months, have passed without a release from the company. I'm mostly clueless as to what's going on too - maybe entirely, but there are few crumbs of evidence that this is moving in the right direction as we speak.
I guess if you compared this co with others, most other companies would pump the ASX with a release that they had an award-winning, new product coming into distribution and the share price would fly.
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Thanks HarkenBanks, here is the article
Gage Roads has had its best ever showing at the Sydney Royal Beer and Cider Competition, bagging a swathe of honours including Best in Show and Champion Draught Beer trophies for its limited release Red Rye IPA.
The Western Australian brewer’s haul included three bronze, and two silver medals for its core range of beers, and gold medals for its limited release Sea Devil Stout, Hefeweizen, and Red Rye IPA.
Gage Roads’ Chief Operating Officer and Head Brewer Aaron Heary was ecstatic with the result.
“This is a fantastic result and I’m extremely proud of the guys at the brewery and the team effort that led to this,” said Mr Heary.
“The Sydney Royal Beer and Cider Competition is one of the toughest in the country. This level of success is a ringing endorsement of the quality of beer we are producing.”
Gage Roads’ Red Rye IPA is an American-style beer, characterised by citrus hop flavour, rich maltiness, and a dry finish courtesy of the malted rye.
“Rye is commonly used in the production of whiskey, so it’s quite unique to use it in a beer,” said Gage Roads Brewing Manager Dirk Penny.
“It gives the beer a very dry character that you can’t typically achieve with malted barley. It’s fantastic.”
Gage Roads Red Rye IPA is available in extremely limited quantities at pubs and bars across the country.
