Tassal On Way Towards Executing Its Prawn Growth Strategy

  • October 28, 2020 01:35 PM AEDT
  • Team Kalkine

Tassal Group Limited (ASX: TGR) announced the acquisition of Billy Creek, which is nearly 1,300 hectare property proximal to the existing Proserpine prawn farm of Tassal.

Gold MTF non-AMP

Tassal has got approval for 450 hectares of prawn ponds at Proserpine. In FY2020, it stocked prawn ponds of 190 hectares and 270 hectares in FY2021 and aims 340 hectare for stocking in FY2022.

Depending on the regulatory consents and development, Tassal intends to create an expanded Proserpine prawn farming precinct with the inclusion of Billy Creek.

 


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