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Ridley Corporation Announces 33% Annualised Biomass Increase from Novacq Thailand Trials

11 Sep 2017  |  09:19:00  |  Associate analysts  |  Increase  |  Decrease  |  

Original announcement: 33% ANNUALISED BIOMASS INCREASE FROM NOVACQ(TM) THAILAND TRI

Ridley Corporation advised that in recent prawn trials conducted in one of its leased ponds at the Sureerath Prawn Farm, adjacent to its feedmill interest at Chanthaburi, Thailand, the Novacq inclusive diet has outperformed the same Company's diet without Novacq. With the trial managed entirely by Company personnel in Thailand and under normal day to day conditions in Thailand, there has been strict adherence to protocols in an endeavour to minimalise the impact of extraneous factors on the trial results. At the end of the trial, the prawns were harvested and tested for growth rate, survival, total food fed, Feed Conversion Ratio (FCR) and total biomass gain.

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