Seed production8 Feb 2020 13:42
I know the company can produce 1 M seeds a month but what can we expand that to 2M a month 4M if the company wanted to?
BH you stated in your post that:
The company have though registered to sell those high quality seeds in 5 states
Now my understanding was that we were still going though the process of doing so, are you staying that that process is complete? Because if you are, then the seed sales will be sooner than I thought ( well being as we have the seeds all we need are prices on a web site and sales could begin)
Anyone been able to dig up anything about this other company that's supposed to be sell cheaper seed, I haven't had time to chase that yet?
BlackHopper has come up with some figures which look interesting ( I'm not sure I completely agree but I can run with them as a starting point) The point I would make is about production, 500 stores a month is a lot of product and that needs to be out sourced and set up. So we may find its not 500 stores a month but a lot less at first, then a big jump up to 500 and then maybe past that number over time so the revenue stream maybe small at first then you will see a big jump as production and distribution get sorted out.
As far as the SP I have already posted what I think seed sales could be over a year and BlackHopper has done so for the store side of things. So the question is when do we go from red to blue, my guess would be about 3 to 4 months from now,
at that point I would expect the share price to be double what it is now to 15p a share. Its very much about when it turns profitable at that point the share price could go a lot higher
Any thoughts folks?