ASSET DESCRIPTION
- Development and operation of RLX for cattle and sheep through Australia
- Sites: CTLX (Central Tablelands), NVLX (Wodonga), CQLX (Gracemere), CVLX (Ballarat), TRLX (Tamworth), IRLX (Inverell), CRLX (Camperdown), and HRLX (Singleton)
- Targeted nationwide network of 10-15 sites
- Strong pipeline of future sites identified (~$185m)
INVESTMENT FUNDAMENTALS
- Fixed price construction contracts
- Strong industry alliance in operations
- Land and facilities owned in perpetuity or under long term lease with Local Government
KEY RISKS AND MITIGATION
- Slower than forecast ramp up in throughput
- Lower than anticipated throughput mitigated with long term market records
- Seasonal conditions mitigated through geographic spread
- Operating costs higher than forecast mitigated through precedent knowledge and annual budgeting and monitoring
Visit the Regional Livestock Exchange website