NHC 0.43% $4.62 new hope corporation limited

Ann: Trading Halt, page-15

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  1. 5,760 Posts.
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    OK- the water drawdown will be 47 meters.
    the used water comprising of a toxic and lethal brew, will be retained in sludge pits , which means very possible leakage into the already depleted water table.

    now let's get real here. farmers never draw down more than what is sustainable to the aquifer as their livelihood depends on it-even cotton farmers who rely mainly on flood harvesting anyway. the actual drawdown is less than a meter, but that is allowed to be replenished by rainfall events.

    what NHC has done is to buy out farms on 1910 titles for a few bob, as they never informed the landowner that they had total rights to the resources on old titles .

    then they started to take the township of Acland apart, bit by bit.

    now we have the very Can Do orientated Mr Nicholls saying he will change the outcome of the land court hearing if he is elected.

    what you have here is a Gordon Ghecko classic case- 'Greed is Good'.

    sure, a lot of you are shallow in principal and feel hard done by, but if this mob, NHC got it's way and set a precedent, then OZland is no longer the true Ozland.

    cheers crazypunter
 
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