All posts of Craig Farrow

Capital Raising Supported By Leading Agribusiness Investors

Alterra Ltd (ASX:1AG) is pleased to announce a capital raising of up to $3.7 million under which a company associated with Pendulum Capital Pty Limited (Pendulum), led by successful agribusiness investors and operators Peter Fogarty and Greg Harvey, will acquire up to a 19.9% stake in the Company. Pendulum is a leading investment, management and corporate […]

Alterra Advances Stage 2 of Carpenters Development

Alterra Ltd (ASX:1AG) (Alterra or Company) is pleased to advise it has commenced preparations for the next stage of the Company’s flagship 300-hectare avocado project, Carpenters, located in south-west, Western Australia. As announced on 23 March 2021, following completion of an electromagnetic survey for Stage 2 covering 52ha, field preparations have progressed with ripping completed, […]

Alterra Carpenters Project Presentation March 2021

CEO Oliver Barnes presenting on ShareCafe’s Hidden Gems Webinar in March 2021. In this presentation, Mr Barnes provides an update on Alterra’s flagship 300ha avocado development, Carpenters Project. Download an updated copy of the presentation. An overview of the key discussion points is below. Carpenters overview Why invest in 1AG Project milestones Avocado market opportunity […]

Carpenters Makes Significant Progress on 4.1GL Dam

Alterra Ltd (ASX:1AG) is pleased to provide an update in relation to the Company’s flagship avocado project, Carpenters. The tree health of the first 5-hectares planted in October 2020 is encouraging with positive flush of growth emerging as the trees establish. Alterra has been working closely with its local partners French’s Group and Yambellup Estate on […]

Alterra Announces $694K R&D Claim for Carpenters

Alterra Ltd (ASX:1AG) (Alterra or Company) is pleased to announce that it has lodged a $693,945 Research and Development (R&D) claim with AusIndustry and the Australian Taxation Office. The R&D Tax incentive recognises the innovative avocado growing methodology that has been implemented at the initial 5-hectare planting at the Company’s flagship development, Carpenters during the […]

Board Changes at Alterra

Alterra Ltd (ASX:1AG) has appointed Mark Clements as an independent Non-Executive Director to the Alterra Board, effective immediately. Mr Clements has also been appointed as Alterra’s Company Secretary.

Alterra Completes Carpenters Feasibility, 4.1GL Dam Funded

Alterra Ltd (ASX:1AG) (Alterra or Company) is pleased to announce it has completed the feasibility study for its planned 300-hectare avocado project located in Pemberton, Western Australia. The study sought to test the viability of the proposed development and identify critical issues that may impact the bankability of the project. It confirmed that the project […]

Alterra Sells Remainder of Dambadgee Springs

Alterra Ltd (ASX:1AG) is pleased to announce it has entered into a contract to sell the third and final tranche of its non-core ‘Dambadgee Springs’ farming property for $1.3 million. The sale, subject to finance (30 days), will bring total proceeds from the Dambadgee sale to $4.4 million. The first block settled in July 2020 […]

Alterra’s 5ha Planting Featured on WA Country Hour

Alterra discusses the first 5-hectares with ABC South West reporter Jessica Hayes on WA Country Hour. The technical team discusses the optimisation practices in the first five hectares as well as landowner Mario Casotti explains his reasons for partnering with the team for the development.