The Forum > Article Comments > Deadlines just don't seem to apply to Gunns > Comments
Deadlines just don't seem to apply to Gunns : Comments
By Peter Henning, published 14/11/2008The federal government has granted the Gunns pulp mill an extension until January knowing that Tasmanian permits will end on November 30, 2008.
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Here's the latest ASX release from Gunns: http://www.gunns.com.au/corporate/nov10.html
Now, you can't tell shareholders something that's inaccurate - that's a serious breach of ASX listing rules. So let's assume the media is wrong on this one, shall we? And I note the article you posted doesn't have it in direct quotes from Don Burke, and the claim was made by the paper, not him, but let's just chalk that another inaccuracy up on your part now shall we?
So 40% native timber at start up, moving to 0% within five years. Clear enough? Actually I'll concede you're half right - the mill WAS going to use 80% native timber at start-up, but the company's plantations are a bit further advanced now, so they can use more.
And as for JV partners, perhaps you should have read this one, not the lies in the Oz...
http://northerntasmania.yourguide.com.au/news/local/news/economy-business-it-finance/gay-upbeat-about-pulp-mill/1348107.aspx
So there you go. That's the most up to date info...