GTP 0.00% 12.0¢ great southern limited

my trees are 4yrs old how big are they?, page-33

  1. 19 Posts.
    It is pulp wood so I don't see too many tree huggers being interested.

    I believe the most likely scenario is that the land will be distributed amongst the creditors, most of which will be held onto in the short to medium term. With the cattle projects being a noteable exception.

    The trees will grow until final harvest and this is when the trees investors will receive a final return which will be within the guidelines already provide as part of project transform (2-3K) per woodlot.

    The horticulture projects are a different matter. It is possible that they maybe incorporated (land and management rights) with the creditors taking an equity stake along with the scheme members. This would obviously involve a vote of scheme members. The banks will then look at selling of their equity interest.

    Either way expect the banks to own and control a large chunk of GS after the dust settles.

 
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