Here is the update I promised and my initial info was incorrect so I apologise heartily.
Here is the correct information as at today. I would imagine the olive operation is on the Goulburn River system.
On the Goulburn system the water allocation is 47% of water right (and water there is trading at $500 per ML!),
with:
a 1 in 10 chance or reaching 100% of Water Right
a 3 in 10 chance or reaching 80% of Water Right
a 8 in 10 chance or reaching 60% of Water Right
On the Murray sytem they have 100% of water right and 29% sales.
Hope this helps - for more info, check out www.g-mwater.com.au
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