pulped dreams

For the punters ... APP has just announced that they are seriously looking at buying or building a BKP mill in Brazil by 2014. This in addition to the 6 pulp mills they have bought on the cheap in Canada recently ..even one in Nova Scotia ..to ship out pulp to China . APP is the single biggest buyer of Brazilian pulp into China for its mills. APP have put the wet towel over Tasmania.The cult cargo management at Gunns are punting on the wrong horse ... $ 200 million bucks later of wasted funds and wrong strategy .