KIL 0.00% $1.74 kiland ltd

KPT Insurance, page-2

  1. 906 Posts.
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    after being able to see the island first hand...

    i am yet to see a forest plantation without burn marks, damage or fallen trees.

    some trees will survive
    some wont
    the radiant heat destroyed has everything in its path.
    i dont know enough about trees to make that judgement.
    i do know that one the tree falls over which I saw many times... it is done.

    i dont know enough about the company to workout if the insurance covers the value of the trees.

    my point is... the devastation is huge. i am not making a judgement on the company but more giving a point of view as to how bad it is.

    have a look at the photos and make your own opinion.

    i am not sure how KPT will recover from this but as a south australian I hope they do.
    https://hotcopper.com.au/data/attachments/1911/1911574-13861a20b986589c426ad17b1c370fd1.jpg
    https://hotcopper.com.au/data/attachments/1911/1911577-b8d2ea833e322d52cb49399d9f31a468.jpg
    https://hotcopper.com.au/data/attachments/1911/1911580-af5bf6798e58798fc9095b4e3f7dc5d6.jpg
 
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