Land-Based Indoor RAS Mediterranean Bogue / Boops boops Yield 2026

Underwrite circular flow raceways rearing fast-growing Mediterranean Bogue (Boops boops / Boga, reaching 350g commercial canning and bait size in 8 months), bulk wholesale pricing ($16.50/kg), and facility EBITDA.

Underwriting Assumptions

Annual Bogue Harvest (Metric Tonnes)

Wholesale Farm-Gate Bogue Price ($/kg)

Biological Feed Conversion Ratio (FCR)

Sustainable Low-Cost Pelleted Aquafeed ($/kg)

High-Density RAS Power, Oxygen & Labor ($/yr)

Projected Economics

Gross Annual Bogue Sales

Annual Feed Expenditure

Net Annual Operating EBITDA