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$3.89 tassal group limited

Definitely a good sign in terms of expansion. The DO and...

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Ninja Tuna

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23/11/16

16:33

Post #: 20830037
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Originally posted by tobyjack ↑

Tassal salmon plan for Okehampton Bay a step closer after council backing

A council on Tasmania's east coast has approved an application for seafood giant Tassal to expand salmon production into the area, amid calls it should have waited for a government inquiry to deliver its findings on the environmental impact.

Tassal, which featured as part of a Four Corners report into the industry in October, is pushing ahead with plans to open 28 new pens at Okehampton Bay, in the face of opposition from locals concerned about potential pollution issues.

Tassal's move into the area stalled in August after the Tasmanian Government assembled the Marine Farming Planning Review Panel to review the proposal, given that the lease expansion plans were first approved in 1998.
It has partnered with Okehampton Bay's lease holder Spring Bay Seafoods for Tassal to use its water leases should the plan go ahead.

The green light from the Glamorgan Spring Bay Council places the re-zoning and development application in the hands of the Tasmanian Planning Commission......see link for full story

http://www.abc.net.au/news/2016-11-23/tassal-salmon-plan-okehampton-bay-council-approval/8048938

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Definitely a good sign in terms of expansion. The DO and temperature profiles at Okehampton are highly suitable for salmon farming

http://www.tassal.com.au/community-news/community-update-okehampton/

TGR Price at posting: $3.80 Sentiment: Buy Disclosure: Held
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Definitely a good sign in terms of expansion. The DO and...

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