OTCPK:EUCTF - Post by User
Comment by
kidl2on Oct 25, 2017 1:40pm
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Post# 26857133
RE:RE:RE:Croptimal field service laboratory opening event🌱
RE:RE:RE:Croptimal field service laboratory opening event🌱NDD: I just so happens that I know a little bit about farming / a segment thereof. My extended family have been vintners for some 200 years. While I’m not hands on, I have a pretty good idea where farming is going, what works, what doesn’t, what is needed and what isn’t. It’s all a cost / benefit equation as in yield and the cost to get this yield. The end all and be all in farming is automation / the reduction in physical labour / boots on the ground.
It’s all moving towards interpretation of visual images (satellite or drone) and away from expensive soil tests. This has come a long way. We’re not there yet but it’s only a matter of time.
Croptimal’s expensive model may improve yields but I just can’t see it improving yields enough to make it a “must have” service for farmers. A delay of a few days for results of soil tests doesn’t move the needle enough to justify the cost.
This is a “make work” project for Doron and his crew. Netafim simply stands by just in case it can benefit from it in some form or another which is part of the reason why I don’t believe that EUO deserves its current cash based valuation. Everything I see points a diminishing cash balance.