Investor Presentaiton
Sales
✓ FY 2018 Sales 35.8 tonnes increases by 215% compared to FY 2017 11.4 tonnes.
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• Sales to Asian markets strong and continuing to increase → target security & reliability of supply.
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Sales to Australian markets continue to increase.
Hong Kong forward sales to December 2019.
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Estimated value USD 1.95 million.
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Equivalent to more than 50 tonnes Greenlip Abalone.
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Regular live abalone shipments into Sydney/Melbourne
Current live abalone capacity 300 Kg per week.
✓ New facility, foundation for capacity potential up to 7,500 Kg per week.
✓ First commercial delivery of live abalone to Hong Kong
✓ Product development.
✓ In Asian Markets sold under Two Oceans Abalone brand.
⚫ focus on developing brand loyalty with end user.
Live Abalone - Sydney Fish Markets
✓ Live Abalone. Ramp up production once new facility is completed expected June 2019.
Q1 FY2019 -10.4 tonnes. Lower than expectation due to unseasonal weather, resulting in large oceanic
swells and sales being deferred.
TWOCEANS
TWOCEANS
AUSTRALIAN
Ocean Grown
Abalone
Private & Confidential
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