"Thank you for your enquiry below. In answer to your questions,...

"Thank you for your enquiry below. In answer to your questions, I can confirm that the PPPL proposal will replace any dollar funding potentially applied by the Receivers from the date on which PPPL assumes the management responsibility. Naturally, any funding applied by the Receivers between the period of the 18th May 2009 (their appointment date) and the date on which PPPL assumes responsibility could potentially be recouped by the Receivers on harvest, if it complies with the court ruling in regards to the lien.

PPPL's fee in relation to the 2000 Plantation Project will be an additional 15% of NET harvest proceeds (ie of the amount to be distributed to growers). The existing 5.5% inherent in the project will still be payable to GSMAL.

Harvesting schedules are determined by a combination of factors including the seasons, seasonal conditions, work scheduling with contractors and chipping, stock pile and vessel scheduling at the port, therefore we are notable to give you an exact date as yet with regards to the harvesting of the 2000 plantations, but due to its very large size, we would imagine that it would take place over a couple of years commencing sometime year, with interim distributions made to growers over this period."

So, PPPL envisage that the 2000 project won't be harvested completely for a number of years, and total fees will be 20.5% of what's left after costs, plus what the receivers take. Perhaps it will be the best offer but I wonder what/if Gunns and others will come up with and if PPPL will push things through before they can act?