What happens to Glaucus report when a new sandalwood sales contract is announced with this JV?
Kills the only part of the thesis that may have had a point, right? Wasn't their whole point that TFS couldn't sell the wood?
I know, I know - yield rates yada-yada-yada. But no way to know those until 5-15 years on a rolling basis. Kinda a long time window for a short that has to pay borrow rates.
New China contract
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