Recent content by James Douglas

Re: CSS - Clean Seas Tuna Did anyone see the article from Tokyo where a 342 kg tuna was just sold for AUD 494,277? That makes it worth AUD 1,152.85 per kg before he marks it up and sells to restaurants. Hard to believe that at those prices tuna farming can't become a viable business someday...

Re: CSS - Clean Seas Tuna Their ownership percentage went down when they did the secondary share sale. They did not sell any shares, just more shares were issued so their percentage of ownership went down. Means very little in the larger context of the story.

Re: CSS - Clean Seas Tuna Did anyone read the company presentation? Very little cash burn for the period covered! I still think they have one more year to spawn Tuna and get them in the pens for growout. I would not be suprised that if the growout is successful, they sell more stock anyways and...

Re: CSS - Clean Seas Tuna With the current information that is available it is reasonable to come to the conclusion that the project is currently uneconomical. But that also assumes that no progress will be made in food sources and processes that could lead to profitability. Once again, I think...

Re: CSS - Clean Seas Tuna I don't think the issue is whether or not there will be demand. The Japanese have already de facto said they are willing to kill every wild tuna for their voracious appettite. They are also willing to pay exhorbinant amounts of money to continue with this habit. The...

Re: CSS - Clean Seas Tuna If you look at page number 56 of the financial report for the 12 months Ended 30 June 2010 it states "The CRC will make $11.1 million available for the first three years. In July 2010 the Company exercised the option to participate for further four years. The CRC...