World class nursery is key8 Apr 2018 17:21
For a rapid growth in production for dkl, and the sheer scale of it could also be key when dkl announce their expansion plans into new areas such as cocoa, cashews and or rubber. The DekelOil operation begins at the fully computerised irrigation and fertilisation nursery, located close to the village of Ayenouan. The nursery can produce 1 million plants per year in two cycles, the equivalent of 6,000 hectares of new planting per year, and has room to expand if required.
A computerised drip irrigation system ensures the delivery of accurate water and fertiliser requirements to each individual plant.
As a result, plants are ready for planting in a shorter time period than traditional methods (6 months compared to the industry standard of 9 to 12 months).
Additionally, the time taken for DekelOil’s palms to reach the first yield phase is 2 to 3 years. The West African industry standard is 4 years. The world class nursery here is key to unlocking huge value through expansion and production growth, more and more palms will enter the yield stage so production growth will only continue to increase dramatically and so will the profits and dividends! Massive potential and an incredibly safe investment imo with strong dividend payments and the scope for dramatic share price increases as targets are met and hopefully exceeded