Gunns have missed the boat on the pulp deal .While they have...

  1. 499 Posts.
    Gunns have missed the boat on the pulp deal .While they have been stuffing around in Oz in South America there have been 4 huge pulp mills established and one in China with another one being built.It will not be able to compete with 7 yr plantation rotations and cheaper energy,labour,operating costs in SA.It will only subsidize the Chinese and Japanese who will sell the added value back to Oz. For less than a billion bucks a rational company would have built a BCTMP mill requiring only 2000 000 m3 of plantation timber and no pollution drama with 2 large paper machines. Oz imports over $ 1 000 000 000 of printing and writing paper per year. Gunns cant see the forest for the trees .The Board should be sacked .They are a joke in the global forest industry.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.