HUO 2.31% $2.54 huon aquaculture group limited

Yellowtail Kingfish commercial operations, page-3

  1. 304 Posts.
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    Thanks for the link.

    That's unfortunate. I was hoping they were able to pull it off.

    Huon Aquaculture CEO Peter Bender said, “We are excited to begin a new chapter as we look towards commercially farming Yellowtail Kingfish. This is the beginning of a positive, and productive relationship between Huon, the local community and government."

    “The trial has proven that not only is it possible to grow Kingfish in warm water, but the fish are an exceptional quality and grow very well. This, along with Western Australia having an abundance of suitable lease space, and being open to investment, signals the start of a long and beneficial relationship."

    "Right now, we are excited to be beginning a new chapter for Huon as we look towards commercially farming Yellowtail Kingfish off the Houtman Abrolhos Islands, Western Australia."

    Sources:
    https://www.huonaqua.com.au/wp-content/uploads/2018/10/20181012-HUO-WA-media-release.pdf
    https://www.huonaqua.com.au/about/truth/western-australia-kingfish-lease/

    I really hope they do not go down Tassal's low margin packaging route to look for growth.
 
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