I remember just last year, QIN had a CR of $60 mil to buy back 200 Ha as per their contract with growers.
QIN had 5 mil trees over 12,000 Ha that's 400 trees per Ha. They paid the growers/ investors $300 K per Ha
I read each tree on this Ha has 20kg of heartwood which makes about lets say 1/2 litre oil.
Thats 200 litres per Ha. The oil is selling for $4000 per litre. That is $800K Rev. Cost $300K
ORL share are sitting on about 1% margin They just said revenue goes down a couple of % they are out the door.
Even if price of oil falls 50% for QIN they are still in profit. In their contract they probably have a clause where they can pay the growers less anyway.
IMO
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