Yes.
Incredible that for mostly the modest amount of shares that will be issued PAZ will have been able to triple their production capacity.
I think this was covered here over a year ago,when Cibus were first introduced to us..
Also PAZ have been using the same Chinese equipment manufacturers for over 20 years.A great working relationship,which means PAZ get the very latest state of the art equipment.And the bonus is it all this Chinese sourced equipment costs 30% less than NZ equipment.This helps return on capital.
I believe few firms have gone ahead with their capital plans in this sector, because of the issues caused by Covid.
This with mean PAZ will be ahead of the field,when the additional two new factories at Rolleston are up and running..