GTP 0.00% 12.0¢ great southern limited

Timber stocks and the big dry

  1. 10,543 Posts.
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    I was just emailed a question re the exposure of timber stocks to the current drought.
    I need to follow up on TIM but for GTP and FEA the situation is as follows.

    FEA has most of its operations located in NE and NW Tasmania, and it has been seeking land in the Kyogle, Walcha and Casino areas of NSW plus SE Qld.

    GTP has three main centres around which it has sought to establish its plantations the emphasis being on consistent and reliable rainfall. These are Albany WA, Portland Vic and Gladestone Qld.

    Following are maps for Bureau of Metreology rainfall as a percentage of mean up until last month and a map of the GTP plantation locations.

    As you will note, paying up for the high rainfall country is certainly coming into its own in the current conditions.

    I visited Portland two weekends ago and it barely stopped drizzling for the entire time I was there (as usual).

    For further info see
    http://www.forestenterprises.com.au/fea/index.asp
    http://www.great-southern.com.au/

    Cheers

    Bureau of Metereology Chart

    Great Southern Plantation General Areas of Plantation

 
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