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!
TIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held