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13/12/20
15:14
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Originally posted by seasthemoment:
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I read KPT reports on a regular basis. What I can't seem to identify, is the freight cost from paddock to panamax. To realize a profit, you actually need to know what the cost is. Their KI Seaport Project Update of 2/11/20 is the closest reference to roads I can find, but this extract is an acknowledgment of needed road upgrades, not the costings shareholders are looking for. "working with Stateand local government to agree measures which would minimise the impacts and maximise thesafety and benefits of an improved road network for the Kangaroo Island community" Minimise and maximise will be expensive. Does the viability of the project rely on State and Local Government funding the road upgrades totally? Will the KPT business model remain viable if they are required to make a contribution, at any level to the roads they will be accelerating wear, tear and maintenance on? I'll tell you what won't happen. I'm a ratepayer on Kangaroo Island. Should KPT believe they can work residents and the Local Council over to maintain their business models viability, think again.
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KI Plantation Timbers presentation on roads
Seas etc. If anyone is serious about KPT it is wise to be across what they are doing in govt circles. I note at the local Council level they (KPT) are addressing the council next wednesday. The gallery should be packed with KPT shareholders interested to find out if they can get their product off the island.