Looks like PM pressured to give a 3 year phase out period. one...

Looks like PM pressured to give a 3 year phase out period. one of the main problems in valuing TIM is what they have paid for proposed plantations and how much they will need to write off if they are cancelled. i.e. have they overpaid for land / water based on future deals ?

Clearly the bounce up is on hope of a new deal, who knows....................

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