RE: Snippet20 Feb 2023 18:47
Guessing aside, however much stock Provexis choose to purchase from DSM, and we don't have to buy it all, IF will be aware of how much stock we should be able to sell before the best before date of the inventory.
"Under the terms of the DSM Transfer of Business agreement, the Company can elect in the first quarter of
2023 to purchase some but not all of DSM’s remaining stocks of Fruitflow at 31 December 2022, being a
decision which the Company will seek to make in the first quarter of 2023 once the Company has a clearer
understanding of (i) the amount of stock remaining at 31 December 2022, (ii) the best before dates of this
inventory, which are currently estimated to be favourable / long dated in light of recent production runs of new
Fruitflow material in 2022, (iii) likely customer demand in 2023 and beyond and (iv) the Company’s financial
resources at that time."
"Stability and storage
Fruitflow® II SD is sensitive to air, heat and light. The product may be stored for at least 36
months from the date of manufacture in the unopened original container and at a
temperature below 25°C. The ‘best use before’ date is printed on the label. Keep container
tightly closed. Once opened, use contents quickly and store below 25°C."
http://technicaldocuments.dsm.com/product_finder/technical_documents/DNP/level10/DNP_DNPNA_000000000005015118_PDS_en.pdf
So, I would guess that whatever stock quantity is purchased then they should be able to sell it within around 18 months to 2 years max.