Foresta at the Australian Microcap Investment Conference, page-20

The Board and Management have gone for a project that extends from the chemicals output to one that includes wood processing to pellet production.
If anyone is attending the AGM, I would like a question to be asked whether they considered buying in the chipped wood as a first step and even supplying the fibre residue back to the chip supplier for their use in adding to the pellet volume.
If so the need for capital funding could have been split and followed by a delayed to a second stage procedure.
Alternatively a joint venture would have been satisfactory.