CSS - Clean Seas Seafood

Basilica · 29 April 2009

Re: CSS - Clean Seas Tuna

Green08 said:
I selected your quote to highlight someone asking pertaining questions as I do. I was supporting you. If that was unclear - my apologies. You were being perfectly reasonable.

Thank you Green08.

In answer to your other Qs

Beta Carradine is used in feed as a coloring agent for farmed Salmon.
Tuna does not require additional color as far as i know.
"Medicinal" feed containing anti-biotics and medicines for specific conditions are regularly used in the industry. Hormone injections are regularly used to stimulate breeding in male and female fish by hatcheries. But unfortunatly i have no specifics for Tuna. Check out the Skretting web site for more info and try the .au and the .com sites (A major feed supplier)

cheers,
Basilica

Green08 · 29 April 2009

Re: CSS - Clean Seas Tuna

Yes Skretting 'custom make' pellets for their customers. Their ingredients are fine quality.

Beta Carradine is used in feed as a coloring agent for farmed Salmon.

Makes the sushi look better

Basilica · 29 April 2009

Re: CSS - Clean Seas Tuna

Green08 said:
Yes Skretting 'custom make' pellets for their customers. Their ingredients are fine quality.

Makes the sushi look better

Thats it, no improvement in taste or texture, but the salmon sells better.
I have no problem with beta carradine.

FI$H · 29 April 2009

Re: CSS - Clean Seas Tuna

How do you avoid ramping when a company is worth ~130 million and announces production goals that are worth 300 million in sales annually. Because this sounds to good to be true people come here to reassure themselves and discuss the risk/potential. Some of your points and criticism are well taken. I believe that fingerling production was probably the last major hurdle to be taken provided the fingerling numbers are high enough. Given enough fingerlings grow out conditions to wildcatch size can be optimized. Most investors realize that and wait for their next announcement to see how many fingerlings they have produced.
Fears that consumers won't like the farmed product are justified. But given the rising demand in Asia, US and Europe and collapsing wild fisheries there should room for fresh and farmed fish. As mentioned earlier most sold tuna were farmed after being caught in the wild and are fattened for a year in captivity. The Stehr business has been doing this for years! Tuna production requires significant investment in research, facilities, grow-out and of course time. Competition should not be an issue in the mid-term and prices not at threat. They are more likely to climb should the NBT stocks collapse and demand continue to increase.
Many risks remain and there will be setbacks but I have invested because I think that potential is worth the risk. My biggest fear is that the company goes bust similar to AAQ because of the relatively long lead-up and huge capital requirements till revenues start flowing in.

tge oracle · 29 April 2009

Re: CSS - Clean Seas Tuna

Green08 said:
That's the one.

Glad you are not an average invester - goodness knows how all the average people reading would consider your comments re: 'average'.

Green08,

I think perhaps you mis-understood me here.

What I mean, apart from one comment on the QBE thread ( I hold ) all of my posts are aquaculture related.
If it wasn't for my particular interest in aquaculture I very much doubt I would post on this share forum and, in fact, it has only been the listing of TGR, CSS and WKL that prompted me to do so as I do like discussing aquaculture and commercial fisheries with other like minded investors.

tge oracle · 29 April 2009

Re: CSS - Clean Seas Tuna

Back to the important issue of CSS!

Here's another report from the aquaculture portal.

http://www.growfish.com.au/content.asp?ContentId=13290

tge oracle · 30 April 2009

Re: CSS - Clean Seas Tuna

tge oracle said:
Back to the important issue of CSS!

Here's another report from the aquaculture portal.

http://www.growfish.com.au/content.asp?ContentId=13290

I forgot to mention, click on the youtube link and you will get to view the juvenile fingerlings SBT swimming around in their tank.
There appears to be a reasonable number in this tank....question is how many?. There may also be more holding tanks with SBT fingerlings.
Judging by the maturity of these fingerlings I think we can safely say they will achieve success in closing out the SBT life cycle.
I would guess these fish are now feeding on a more flexible and readily available diet.

Basilica · 30 April 2009

Re: CSS - Clean Seas Tuna

tge oracle said:
I forgot to mention, click on the youtube link and you will get to view the juvenile fingerlings SBT swimming around in their tank.
There appears to be a reasonable number in this tank....question is how many?. There may also be more holding tanks with SBT fingerlings.
Judging by the maturity of these fingerlings I think we can safely say they will achieve success in closing out the SBT life cycle.
I would guess these fish are now feeding on a more flexible and readily available diet.

Fast swimmers, even at this age. then will have many tanks and at least 10 sets and maybe 100 sets of at least 4 Replicas being fed say 10 to 100 different diets.
They still seem about the same size as before though. I wish they would announce the numbers.
They will be trying every thing as feed, that they can get there hands on. My 2 cents woul be to send a boat out to where they would be at this age up north and filter a few meg L of water to catch the plankton and fly them back and feed it to 1 or 2 sets of replicas just to cover all bases. It may well cost more than safron per kg but so do baby tuna.

tge oracle · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica said:
My 2 cents woul be to send a boat out to where they would be at this age up north and filter a few meg L of water to catch the plankton and fly them back and feed it to 1 or 2 sets of replicas just to cover all bases. It may well cost more than safron per kg but so do baby tuna.

I suspect they already have this type of feed Basillica, although it seems they were caught short with the overwhelming quantity of larvae produced.
I would imagine they are trying all types of plankton, krill , fish eggs and other micro orgamisms for larvae feeding.
The fingerlings will have moved to a more staple diet of small fish, fish meal , small prawns etc. which would be much easier to come by and feed them with.

truevalue · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica said:
Fast swimmers, even at this age. then will have many tanks and at least 10 sets and maybe 100 sets of at least 4 Replicas being fed say 10 to 100 different diets.
They still seem about the same size as before though. I wish they would announce the numbers.
They will be trying every thing as feed, that they can get there hands on. My 2 cents woul be to send a boat out to where they would be at this age up north and filter a few meg L of water to catch the plankton and fly them back and feed it to 1 or 2 sets of replicas just to cover all bases. It may well cost more than safron per kg but so do baby tuna.

I think they would be very wary about letting disease into the lab so I doubt they would do that. I understand they have induced a kingfish spawning and fed the tuna kingfish eggs.

Great link Oracle I had not seen that one.

Basilica in regards to your size issue, you are quite correct the growth of the fingerlings has been very low for the first 20 days but then suddenly in the next 10-15 days the growth has been extraordinary. I have been told they now have fingerlings of 5cm or so big enough to go into sea cages. They will not be put into cages because the water is too cold so they will be transferred into a larger tank for the next 6 months.

Basilica · 30 April 2009

Re: CSS - Clean Seas Tuna

truevalue said:
I think they would be very wary about letting disease into the lab so I doubt they would do that. I understand they have induced a kingfish spawning and fed the tuna kingfish eggs.

Great link Oracle I had not seen that one.

Basilica in regards to your size issue, you are quite correct the growth of the fingerlings has been very low for the first 20 days but then suddenly in the next 10-15 days the growth has been extraordinary. I have been told they now have fingerlings of 5cm or so big enough to go into sea cages. They will not be put into cages because the water is too cold so they will be transferred into a larger tank for the next 6 months.

Yor are right about the quarintine issue. they would much rather grow their own feed. In other species it is not only what type of plankton they eat but what the plankton ate that creates the right diet. I would be surprised if they are on to fish meal yet. high end hunters like tuna like to hunt and not gather.
Next update should be any time now.

OT but MPA had 2 asx releases after 5 yesterday

truevalue · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica said:
high end hunters like tuna like to hunt and not gather.

You are correct there. Apparantley they lost alot of fish to canibalisation. Pretty tough life in the wild where you get eaten by your siblings.

FI$H · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica in regards to your size issue, you are quite correct the growth of the fingerlings has been very low for the first 20 days but then suddenly in the next 10-15 days the growth has been extraordinary. I have been told they now have fingerlings of 5cm or so big enough to go into sea cages. They will not be put into cages because the water is too cold so they will be transferred into a larger tank for the next 6 months.

Do you have ties to CSS?

truevalue · 30 April 2009

Re: CSS - Clean Seas Tuna

FI$H said:
Do you have ties to CSS?

No.

I am a shareholder and like to do my research.

I have been to port lincoln and met management and I talk to alot of people and so I pick up bits and pieces. Some of it is accurate and some nonsense, you dont know until much later which is which. I try to only post things here that I am reasonably confident are true.

FI$H · 30 April 2009

Re: CSS - Clean Seas Tuna

truevalue said:
No.

I am a shareholder and like to do my research.

I have been to port lincoln and met management and I talk to alot of people and so I pick up bits and pieces. Some of it is accurate and some nonsense, you dont know until much later which is which. I try to only post things here that I am reasonably confident are true.

Thank you for the clarification. What I like about small companies is that you can comprehend their business to a certain extent as a complete outsider which is very difficult with big corporate groups. unfortunately CSS isn't very transparent despite its small size because of this venture's nature and it's hard to obtain critical information at the right time. all i can hope for is that CSS tuna will be a multi-billion dollar business by 2020 with no catastrophic events till then.

sashimi · 30 April 2009

Re: CSS - Clean Seas Tuna

truevalue said:
You are correct there. Apparantley they lost alot of fish to canibalisation. Pretty tough life in the wild where you get eaten by your siblings.

They are canibals thats how they survive in the wild. It is what gets them through the very early stage of their life cycle.

It is also one of the reasons why they spawn billions of eggs in order to survive.

Basilica · 30 April 2009

Re: CSS - Clean Seas Tuna

FI$H said:
Basilica in regards to your size issue, you are quite correct the growth of the fingerlings has been very low for the first 20 days but then suddenly in the next 10-15 days the growth has been extraordinary. I have been told they now have fingerlings of 5cm or so big enough to go into sea cages. They will not be put into cages because the water is too cold so they will be transferred into a larger tank for the next 6 months.

Do you have ties to CSS?

They can get good growth in tanks as temp, o2 can be optimised.

I have no ties to CSS and no shares yet. I did make a phone call in response to a job add about 2 years ago, but they were only offering 50% of my bottom dollar so i did not apply.

Basilica · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica said:
I have no ties to CSS and no shares yet. I did make a phone call in response to a job add about 2 years ago, but they were only offering 50% of my bottom dollar so i did not apply.

This was about the time Hagen was telling the press he cant fill vacancies and the Gov should allow O/S workers in to the country to fill vacencies.

tge oracle · 30 April 2009

Re: CSS - Clean Seas Tuna

Fellow aquaculture investors,

I don't know if you are aware of the Australia Aquaculture Portal but it is very informative and is updated with aquaculture news from throughout the world on a daily basis. The link is below:

http://www.australian-aquacultureportal.com/press/aquaculture_news.html

FI$H · 30 April 2009

Re: CSS - Clean Seas Tuna

Basilica said:
This was about the time Hagen was telling the press he cant fill vacancies and the Gov should allow O/S workers in to the country to fill vacencies.

Sorry, I meant truevalue because he seemed to know things that weren't released yet. you can't post less than 100 characters here. that's why i left the quotation tags out.
they might offer you more pay once the revenues are flowing in. but hopefully you'll stay invested till then and won't need to work anymore

CSS - Clean Seas Seafood

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