GREY:VGFCQ - Post by User
Comment by
PhDtraderon Apr 06, 2021 1:59pm
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Post# 32942658
RE:Very Good Food Butchers 'First Bean' at Rupert Facility
RE:Very Good Food Butchers 'First Bean' at Rupert FacilityThis is a huge milestone for the company!
Very now steps out of their Victoria Butcher shop and into a massive facility , and are doing so practically ( maybe a week late) on schedule giving a huge vote of confidence.
Two big takeaways:
1) Very team has talents (and not lots more experience) to realize their growth ambitions
2) bottom line is about to increase rapidly. Last weeks news release said VERY cleared $1,000,000 revenue last month. This facility increases their production capacity by about 27x - hence by around $27 million per month once fully in operation. That alone - without the Calif Paterson facility which is still a ways away - is almost enough to fill the VERY share price out.
VERY well done