That is very interesting news Invest99........Santanol appears to be created from the rump of the sandalwood products sold by the former ITC/Elders and from memory they are much inferior plantations. I also see Tony Jack was a founding partner, ex of Blacktree, who were sniffing around the MIS products from a long time back.
$65m sounds about right.......would be good for TFC if it went under....not sure what their new planting profile is like?
Santanol Struggle - Great for TFS, page-2
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