KIL 0.00% $1.74 kiland ltd

after being able to see the island first hand...i am yet to see...

  1. 906 Posts.
    lightbulb Created with Sketch. 185
    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
 
watchlist Created with Sketch. Add KIL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.