My grandfather was a forester, my grandfathers father were foresters, so too his father. They lived in Victorian forest country. The family home got burnt down twice in the 1910's. Victoria is the world's no.1 rated, most dangerous fire prone area of the world. But Blue gum's, or Eucalyptus Globulus are
1. The world's no.1 plantation tree, by acreage 2. Native to Victoria. They are the state emblem of Tasmania 3. Quite resilient to fire
Fires in SE Australia weren't just invented 2 weeks ago. The risk is well known and always apparent to those who have to live in high risk areas. The big risk KPT faces is geographical. All the plantations are in 1 area, which maximises risks & benefits
KPT Price at posting:
$2.35 Sentiment: Buy Disclosure: Held