RE: in the top 15 risers on the leaderboard26 Apr 2023 10:50
Hello Ria, appreciate caps lock now being turned off. This will do its thing as undervalued but please turn down the ramping. Any factual comments on the company to highlight ?.
I’m sure this will have legs tomorrow upwards as the buying pressure was too great this afternoon and into close. Someone wants these shares but happy with my 70% and good luck to all holders.
A quick overview of my reasons for topping up today.
First harvest ready April to June this year Sunscriptions and loan note convertible at 0.3p Ipo in December at 0.15p Cash burn last year March to September £35k/month. This will rise as now in production but utility and labour costs very low One of the largest square foot indoor high thc marajuana license in Europe 54,000kg per annum top line production (54million grams) Contracts in Germany although price in Germany significantly lower than other countries at ca€4.3/gram Currently in talks with other European countries re supply off take
What we don't know is whats the anticipated dry weight of first crop and how long to ramp up production. What are the actual production costs per harvest.