Heads up for readers who do not know june 30 09,all over for timbercorp,investors in timbercorp have lost the trees on leased land and the owners of parcels of plantation land have got the agents in to sell land and trees as a package .Local graziers want the land and are rumoured to be willing to buy the lot and get the harvesting crews in as soon as it is theirs and then rip out the stumps and return it to grazing,going prices suggest $3000 an acre which is interesting because is not that the price GTP paid when they bought the land in the green triangle.
Local knowledge reckons GTP is 10 weeks from being terminated.
Further it is only rumoured and can not be confirmed that individual investors have taken the law into their own hands in relation to the cattle duffing and have made a report to the police in relation to the theft of their cattle and have produced documentation and the livestock act including the federal crimes act in relation to livestock theft.
Where this will end up I am hopeful that the crimes and at the federal crimes act will wipe the smile off the corporation arseholes who use this act to steal your assets
Add to My Watchlist
What is My Watchlist?