Monthly Update Jun 2017

LAMB PRODUCTION

In June, the Company continued to build the flock size, by acquiring more Dorper lambs from the Western and Central regions of New South Wales. These ewes are in lamb and are scheduled to lamb in approximately 10 weeks. They are well-settled on site, and are gaining weight as scheduled.

Several ewes acquired in May have started to lamb, with average lambing rate at 128% as of 30 June. More ewes are expected to lamb in the next few weeks.

There is a window of time when more ewes in lamb and studs can be purchased in July. For the short term, this remains the Company’s preferred use of funds.

New white Dorper lambs acquired on site.

Flock of Dorper lambs on site.

New lambs born on site.

AFF operational staff on site.

Kelpies put to good use on site.