Efficient scale. The 510 Ha with two rotary cowsheds means two herds of 650 and 700 cows each – an ideal operational scale
Location. Between Invercargill and Edendale, in a good rainfall area.
Good purchase price. $32,500/Ha plus Fonterra shares
Low risk, dividend payment focus. Minimal debt Cash returns averaging 8% and capital growth of 30% over five years
Fresh approach, 60% production growth. This farm will respond to top quality management. Myfarm is planning some development, improved management and conversion of the current farm runoff are into the main milking platform. The forecast result from these activities is a 60% increase in production from 348,000 kgMS to 557,000 kg MS.
Offer
Equity capital of $22 million is sought from a minimum number of Eligible Persons only as defined in s5(2CC) the Securities Act 1978 (the Act) or those persons falling within one or more of the categories set out in s3(2)(a)(i) to (iii) of the Act.