I think 400 hectares is a pipe dream but even a fraction of that, say 10% would be a mammoth win for them.
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A lot easier than in the sounds I imagine
Maybe they’re worried about the competition from the West Coast?
https://www.radionz.co.nz/news/natio...et-to-take-off
400 ha isn't that big (2km x 2km) and the Strait has depth and current, so pollution wouldn't be too much of an issue. The technology to develop is more challenging imho.
Not likely:Huge market & WC more likely to have issues with flavour,water temp & environmental waste
SP up to 2.70’s on no news.
very interesting read
https://www.nzherald.co.nz/business/...ectid=12091217
good find Patient Panda
yes that methodology could up the ante considerable. - a good few years away though.
to me it sounds like a challenge, but not at all impossible - adds to the cost of course but with premium product it could cover it adequately.
note the journalists bias on the subject however, given the travel.
SP now $2.90 an increase of 75% in one year fairly crazy.
They do stand to benefit big time from a low NZD.
disc; watching not holding
More problems in he Marlborough Sounds.New Zealand king shags 'doomed' if plummeting population continues. https://www.stuff.co.nz/environment/...tion-continues
Disc. Not holding
Interesting. I note they don't mention the overfished cod population as being among the favourite foods, however they seem pretty keen to remove them from the fisherman's line.
If NZK are planning to relocate to the cooler waters of the Cook Straight anyway I don't suppose this news is terminal for them.
It may be awkward if they are forced to vacate ahead of schedule.
https://www.google.co.nz/amp/s/www.b...china-45178638
Rainbow trout can now be called salmon in China
Currently trading on a one year forward PE of ~26x :confused:
What did I miss in the report that has people jumping ship? Not that I am a holder, missed the boat last buy opportunity. Thinking there might be another one coming up though.