TIM 0.00% 4.4¢ timbercorp limited

re: Timbercorp

  1. 4,788 Posts.
    morning alphacentaurian

    The following disclaimer from TIM applies to their operations (you insert the no of years of each type of product in "X")
    "it is not possible to determine financial returns to Growers over the life of a "X" year Project with certainty. This is because the calculation of returns involves the consideration of a large number of variables, most of which are outside our control, and because anticipated events that affect returns, may not occur as expected whilst unanticipated events that affect returns may also occur."

    How can they do this and be fully funded?

    The olive project at Boort is for some +1 million trees. The project has been advised by a firm who is advised by the inventor of the tree variety Barnea. This is the type that ASIC have warned against and that growers in NZ trialled over some years and pulled out due to very poor performance. I know that the market for table olives in Vic is already saturated. Should make for interesting times.

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