a sad day, page-64

Invitation for you to add the potential ‘white knights’ that could afford to buy TIM’s forest assets (at a book value or with 10-15% discount) or comment on my thoughts.

My input
1. Agribusinesses with the similar operations: ICT, FCL, GTP – no funds for purchase (they are in the same or even wore financial position)
2. Farmers: no funds for purchase (many of them can’t even afford to pay leasing)
3. Rich Australians – they need money to pay for assets and day-to-day operations - up until the investment could generate profit (I don’t think they would be eager to freeze their cash)
4. Foreign investors – conflict of interest (the Australian land and pressure water shouldn’t be in the hands of foreigners)
5. State Governments – their current budgets are restrained (even health sector is neglected)
6. FEDERAL GOVERNMENT – YES; They can afford to: a) buy forest; b) allow farmers to do their job up until the trees maturity; c) pay TIM commission for operating process d) convert forest in to a green zones in the future. This step would: save farmers’ nearest future, create green zones (later on) and contribute to the reduction of carbon emission (forest absorbs carbon). By the way, Federal Government already bailed out banks and financially committed to build up broadband infrastructure. Why they couldn’t be able to buy TIM’s forest assets

Cheers nj