indian sandalwood: over 100k dollars per tonne

1. Yes, $A102,000 per tonne of log:

http://www.tfsltd.com.au/high_value.asp

"INCREASING HIGH VALUE

Perhaps due to the strong demand for Indian Sandalwood and its multitude of end uses, there is a growing shortage as native Sandalwood resources are depleted. India supplies over 90% of the world’s Indian Sandalwood but their supplies are uncertain and ravaged by illegal harvesting and smuggling.

Indian Sandalwood is now listed on the World Conservation Union’s (IUCN) Threatened Species Redlist due to this exploitation of the natural resources. Sources in India suggest that supplies of good quality wood may be depleted in as little as five years".

2. And the fragrant oil as well:
http://www.tfsltd.com.au/perfumes_cosmetics_aromatherapy.asp

COLLABORATION AGREEMENT WITH ALBERT VIEILLE
14 June 2007
http://sa.iguana2.com/cache/309b5f7d0d3edd0cfcf8550cbfb43537/ASX-TFC-365285.pdf

3. Website: http://www.tfsltd.com.au/corporate_profile.asp

4. History:
http://stocknessmonster.com/news-history?S=TFC&E=ASX&Year=2007


5. Placement and SPP:
http://sa.iguana2.com/cache/949d425f5b54b43db250ffd213b4ae12/ASX-TFC-367860.pdf

A worthwhile investment, IMHO


Gerry
Readers, please do your own research and you decide if and when to buy, hold or sell any stocks or metals/commodities.