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Namoi Cotton Co-Operative Ltd (NAM.AX)

NAM.AX on Australia Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Namoi Cotton Co-operative provides market update and restructure update
Tuesday, 21 Feb 2017 07:49pm EST 

Namoi Cotton Co-operative Ltd : Market update and restructure update . Expected that our cotton seed business will trade in excess of 260,000mt in coming financial year, up 31% from prior year . Containerized commodity packing volumes are forecast to be consistent with current record year. . Anticipates that it will gain between 1.1 million and 1.2 million bales from 2017 crop . Namoi cotton has agreed renewal of its finance facilities with cba .Extension of its term debt facilities of $47.5 million for a further 3 years.  Full Article

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BRIEF-Namoi Cotton Co-operative provides market update and restructure update

* Expected that our cotton seed business will trade in excess of 260,000mt in coming financial year, up 31% from prior year

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