QIN 0.00% 29.5¢ quintis ltd

Ann: More than $11 million secured in accelerated sales program, page-76

  1. 1,113 Posts.
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    In FY 16 $190 mil came in and about $100mil went out. Of the $190mil in about $160mil was management fees and sale of land to investors, $30 mil was sale of products, oil and timber. So now the trees are maturing you have to replace the revenue stream of selling land to investors to selling product,

    As HT and I mentioned above The oil produced per year will be valued at $1,200 mil. Surely even selling 10% of that will allow this gap to be filled in the short term if QIN now longer sells any more plantation land.

    The only question is what contracts the landholders have with QIN, when their plots become mature. Do QIN have to pay a preset price, or hopefully QIN has some iron clad caveats that will enable them to see out the rough patches.

    Things are still up in the air IMO
 
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