Gary Helou is no fool. He told me directly after the meeting.
"We know what we are doing."
As Phil Tracy also said, "We do have a bit of time."
Bega and Saputo are creating their own stale mate at the moment.
Political lobbying was suggested for us to do. They must have some influence over the ACT.
By the way Snowy, if so many MG suppliers are against it, why aren't they saying anything? They should have been there Friday, as the MG Directors are being boyed by strong support.
Whilst WCB looks dear, the interest bill of 40 mill pa is the equivalent of 1 cent per litre over the new entity.
Plenty of us would be more than happy to wear that.
And again, this old school view of the need for multiple competitors needs challenging. The game has changed. It is not the 1970's or 80's when the industry was dominated by stock piles of all commodities.
This is the Asian Century. Untapped demand. All processors in Australia are nocking back business.
What we need now is scope, and the economies of scale to invest in state of the art equipment and the the quantities to make the big contracts.
20 years ago I would have agreed with you Snowy.
Now I think such arguments are completely wrong.
Gary Helou is no fool. He told me directly after the meeting."We...
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