TSXV:RTI.H - Post by User
Comment by
Gregoriouon Feb 28, 2019 12:32am
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Post# 29421337
RE:Fins on sedar
RE:Fins on sedarThanks, i saw that too. its concerning because Radient has a pattern of massive delays, and this kind of thing doesn't help right now at all.
i have a note into investor relations seeking clarification on this. i do see however that they are talking 1500kg per day now, where before it was 1000. this is a positive development that indicates throughputs are beyond what they expected them to be.
I also see that in the latest CFO interview, the cannabis line has been pushed up to 250kg per day.
thats 80,000kg per year as of now, so while a potential hemp delay is concerning, lets not lose sight of the fact that they are in business for a ton of product immediately.
Valens, the market leader at the moment, has capacity at 240,000kg per year.
when radient's hemp line does come on line this year, they will be at over 500,000kg per year just to put in perspective how big RTI will become in the not to distant future. all this 500,000 of the highest quality oil on the market hands down.