you're a legend for your assessments.
As for the pelletasation, i suspect that its just another value add, as what ever is left will be some form of pine like pulp... but once dried and pelletised is a saleable product for farm use in stables and kitty litter... or so the internet tells me.
Seems like the whole thing is designed to squeeze every dollar out of a pine stump.
Ann: Quarterly Activities Report, page-22
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