If it falls over so be it but the OZ timber industry has seen worse in times past. Pity its held in such poor regard by investors.
Trees grow tall but sometimes management gets stunted. Unlike politicians trees grow quietly. Problem is the greenies who want to use them for shade, promoting western guilt and their own not inconsiderable ego trips, rather than housing and infrastructure. What a hopeless lot.
A tree can be replaced in 5 - 10 years, coal not.
Govt should be behind these LT companies not putting barriers in front of them.
FEA Price at posting:
8.3¢ Sentiment: Hold Disclosure: Held