Kalahari Crown Exports — Year 1–2 Operational & Cash Ramp Detail
The Year 1–2 operational and cash-ramp detail — the capital deployment by year and the liquidity headroom through the early development phase.
Section 12 · Business Plan
Year 1–2 Operational & Cash Ramp Detail
The Year 1–2 operational and cash-ramp detail — the capital deployment by year and the liquidity headroom through the early development phase.
Because the development phase is the period of greatest execution and
liquidity risk, this section provides additional granularity on the
first two years. Capital deployment is front-loaded and
milestone-linked, while revenue builds gradually from the first
commercial harvest.
9A.1 Capital Deployment by Year
| Capex phasing | Y0 | Y1 | Y2 | Y3 | Y4–7 (maint.) |
|---|---|---|---|---|---|
| Capital deployed (Rm) | 1,099 | 669 | 382 | 239 | 563 |
Approximately 46% of project capital is deployed in the pre-operating
development year (Year 0), with the balance phased through Years 1–3 as
packhouses, cold storage and the logistics fleet are commissioned to
match expanding production.
9A.2 Liquidity Headroom
The funding structure is deliberately sized so that the closing cash
balance never falls below approximately R78 million (the Year-3 trough),
preserving comfortable liquidity headroom throughout the ramp. The
revolving working-capital facility provides additional flexibility to
fund the seasonal build of inventory and receivables during each packing
campaign.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of Kalahari Crown Exports (Pty) Ltd.