Ann: Foresta NZ signs supply contract, page-16

If it gives anyone any heart...and don't we need it.?
I personally attended the AGM and thus had the pleasure of a really decent chat with Henry Cheng ( Formosa Australia)
From my perspective, Ray Mountford (present via video link from N.Z) is the loose cannon now and our greatest risk of running out of cash.
The people from Formosa Australia are nowrunning the show...and DO THEY have a different vision to Ray.
It is ALL about torrified wood pellets (and maybe some terpentine on the side).
No question that they play is to tie up secure wood supply (done) and now secure a DEFINITE purchaser...now also done.
This then gives any financier surety that a viable business exists.
N.Z. MUST do something with their Coal Fired Power stations sooner than later. Their CO2 budget demands it.
Torrified wood pellets reduce emmissions by 95%
N.Z will need about 10 plants as are currently planned to reach there goal....without even looking overseas.
Henry is smart. He talks to P.M.s and all politicians....reduce emissission and give high paid jobs to the indigenous living locally anyone???
I recommend Googling Formosa Taipei for anyone curious as I was.
GO..Henry...Go Formosa