TIM 0.00% 4.4¢ timbercorp limited

Dmosmann,You said, “the point to note though is that the big...

  1. zwu
    2,411 Posts.
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    Dmosmann,

    You said, “the point to note though is that the big debt on TIM relates primarily to their "�nvestors" - if the amount they receive in the future goes up (with higher woodchip prices) this helps along way on paying back TIM.”

    No, as I said, only ~5% of the woodchip sale proceeds will go to GTP/TIM according to their agreements with growers. No help for servicing GTP/TIM’s huge debt at all.

    Pwinne,

    As I said in a post under GTP, GTP/TIM supporters were often the ones who also support(ed) CNP/AFG/MFS/… LOL!

    Please contact our good friend David, and he may give you some good advice on GTP/TIM now.

    All the best!
 
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