On the harvest profile out to 2021, what are your thoughts on the drop in supply and the potential impact this may have on market prices as demand continues to rise?
I'm hopeful that a combination of a drop in the AUD v the USD and an increase in the price of sandalwood oil during that period will somewhat offset such a large drop in available heartwood.
If F19 results are significantly diminished due to a drop in heartwood, fingers crossed it presents a price opportunity in the market to stock up prior to what should be some amazing cash results from 2020 onwards.
TFC Price at posting:
$1.60 Sentiment: Buy Disclosure: Held