Ha, This announcement should ruffle some feathers in here:
https://www.nzx.com/announcements/334250
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Ha, This announcement should ruffle some feathers in here:
https://www.nzx.com/announcements/334250
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Agree 100%. They're top notch at the really "important" stuff like saving some CO2 or ensuring their diversity and inclusion policies and practices are absolutely right up to the minute and current best possible practice but operationally if there's something that could...oh you know...stop a near $300m plant being constructed...oh that's not important and we'll just let the market know in due course if we can be bothered at all. Disc: Very pleased to be out.
Here we go: http://nzx-prod-s7fsd7f98s.s3-websit...380/299650.pdf
It took them only 2 minutes after your post to prepare their announcement. Says however basically nothing.
Looks like they never thought about a plan B in case the court decides against them. Big surprise ...
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The pink colour of the headline will appeal to some. I would have thought an appeal to the supreme court is almost certain but they're quite a long way into a ~ $260m debt funded construction process so what do they do in the meantime, stop construction ? What does this mean for suppliers who have signed up to supply milk from this spring ?
Talk about throwing the cat amongst the pigeons !