Investor Presentaiton
Business overview
Operations
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Flinders 2 completed October 2018.
■ Since FY 2017 total capacity increased 100% to 10,000 installed Abitats.
■If laid end to end Abitats would be approximately 20 Km's long.
Installed capacity lays the foundation for increases in future harvests/sales.
Production and Sales
■ Harvest FY 2018 - 38.1 tonnes (FY 2017 - 17.2 tonnes).
BIOMASS Growth
Total BIOMASS @ 31 December 2018 - 210T (@ 30 June 2018 – 161T).
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181,143 Kg of commercial grade abalone on ranches @ 31 December 2018 compared to
100,718 Kg at 30 June 2018.
Processing Facility - Augusta Marina – target completion June 2019
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Brings additional flexibility and productivity improvements to the business.
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Resolves processing "bottleneck" limiting production.
Future Developments
Wylie Bay - 18 month assessment completed. Encouraging and comparable to
existing commercial ranches in Augusta.
■ Esperance - Assessing 34 Ha prime coastal land to develop land based abalone
hatchery and grow-out business.
■ Flinders 3-approval given for additional 5,000 ABITATS. Trials underway outside of
existing lease to assess future expansion potential.
H
Ocean Grown
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AbaloneView entire presentation