Is it time for Gunns to tip over its king?
Will Gunns survive? It depends on the moves it and other players make in the coming weeks.
If it succeeds in getting real compensation for its wood supply contracts, if the EPA deems its pulp mill project has substantially commenced, if shareholders back its transition strategy when it recommences trading, and if the court doesn’t rule against the validity of its pulp mill permit then it will have certainly improved its board position.
The announcement of a joint venture could position it for a win.
Otherwise, it could be checkmate.
This was the tail end of an article in 'The Conversation' weeks ago by Senior University Lecturer FRED GALE '
LOOKS TO ME LIKE GUNNS IS TICKING ALL THE BOXES ..
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