re: Ann: TFS Announce Formation of Joint Vent... agreed the oil yield remains key for all growers and the company
according to the company's PDS heartwood development doesn't start to yr 5 and 6 there for trees that are only 9 yrs old matematically are less than 50% into the development of heartwood ie 13 yrs - 6 =7yrs
9 yr old trees are into 3 yrs of 7 development so how accurate would it be anyhow.
This is a pioneering industry and thus they would be pioneering numbers
Indian trees avaerage a yield of 5% on 20 to 30yr old trees
I take your point ..the million dollar question is how much oil is in them trees buy really what would you be comparing against?
Oil is there and recently sold a small amount at the Kiberley must charity auction
time will tell and the market is supporting what the company has achieved,reflected in shareprice and volumes traded
- Forums
- ASX - By Stock
- TFC
- Ann: TFS Announce Formation of Joint Venture Comp
Ann: TFS Announce Formation of Joint Venture Comp, page-3
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TFC (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Director
Nick Poll
Executive Director
SPONSORED BY The Market Online