Spoke to company and update around the corner In summary the...

Spoke to company and update around the corner
In summary the farm is positively geared, leased for a 3 year term . They also have a put option to sell it back with capital appreciation built in if the dairy doesn't proceed . Therefore this is a very low risk move by the company
Forestry assets will produce circa 1.5 cash flow .
Debt on bank loan has been reduce by 700k
They recognize the market is not valuing the forestry income stream and looking at options to change that
DD on dairy progressing as are discussions re offtake etc