GTP great southern limited

the nger act---aust govt.-

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    As the OWNER of several woodlots that I have paid for and can verify with receipts and legal documentation.

    I bring this as information that has been overlooked by ALL parties in respect to your asst that has a carbon abatement value,that can be sold here in Australia OR overseas if the price is better.

    Certain assumptions such as the tree trimming OF your trees are sold and con verted to bio-mass fuel that has been exported overseas,ASIC did not report that,and the administrator as far as I know was not AWARE of it.

    On what basis do I make these assuptions?
    1/ Denham management an overseas entity,that has I believe spent $80 mil to be the majority holder of the bio-mass mill.

    2/I recall that Cameron Rhodes had done or was about to do a deal on the--- non commercial value--- of so called tree waste or by product,if I recall it $20 million

    3/Denham now wants to set up a bio-mass mill in the green triangle in Victoria,what a good international corporate citizen,to use Timbercorp and GTP non commercial by-products

    4/The scrooge figures that would be applicable in Australia if government wants to get or pay is $35 per carbon tonne -refer to carbon CO2 web and N.Z. has a calculator to work it out

    5/To work what the Carbon credit per Hectare use a factor of 3.18 to get the value

    So why would I sign over my property rights to any one where I do not have control,even more so in the light of what has been and is happening?

    I am even concerned that the insurance we paid on the trees recenlt may not be covered as no maintenance has been done ,you need to read the fine print.

    As far as it was bought to my attention by Punter 5,paying a new RE at the end it not so bad,because the new RE can only claim pro-rata,not ten or eleven years




    The NGER Act, in brief
    The National Greenhouse and Energy Reporting Act (NGER) is the National Emissions Data reporting framework that will support Australia's Carbon Pollution Reduction Scheme.
    As at August 2009, all Australian Corporations generating in excess of 87.5kt of CO2e per annum, or consuming (or producing) 350Tj of energy per annum, are required to register with the Department of Climate Change for reporting in October. All Facilities generating 25kt of CO2e, or consuming (or producing) 10Tj of energy are also required to report.
    The threshold for Corporations will be reduced next year so that the NGER Act will include reports from organisations generating 50kt of CO2e, or consuming (or producing) 200Tj of energy per annum. The threshold for Facilities is not expected to change.
 
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