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  1. #211
    Speedy Az winner69's Avatar
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    Quote Originally Posted by whatsup View Post
    The POA move from Auckland just will not happen no matter who wants it, its economics just do not stack up, Bal et al please give up on this NZF pipe dream !
    But ‘independent’ and ‘expert’ reports will show it does stack up ....they always do.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  2. #212
    Legend Balance's Avatar
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    Quote Originally Posted by Balance View Post
    Once it is started, which will be pushed through by NZF, I cannot see National terminating the project.

    Be interesting to see what National says when the Final Report is officially released and recommendation is taken up by the government. Will Simon grow a pair and says National will can it?

    Suspect Simon is not going to, is he?
    I believe we have our answer to whether Simon will grow a pair if the recommendation to proceed is taken up by the government :

    https://www.stuff.co.nz/national/pol...out-foundation

    Excerpt : "National Party deputy leader Paula Bennett said NZ First was facing serious allegations. "There's also questions with this one, from what I can see so far, as to whether it's lawful at all," she said.

    Bennett would not rule out working with NZ First in the future. "Those are discussions for another day ... That's something for the leader to discuss, and to bring forward at his timetable."

    The baubles of power, eh?

    What's $1 billion a year from the public purse if NZF holds the key to who will be the next government?

  3. #213
    ShareTrader Legend bull....'s Avatar
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    here comes the negative stories on moving the port from auckland to northport

    Two reviews from economic analysts, released today by Ports of Auckland, show the real costs associated with moving it. In its analysis, Castalia says that cost of moving it is $6.7 billion in present value terms. That is almost four times higher than EY’s predicted net cost of $1.8 billion that has been used to sell the idea

    https://www.scoop.co.nz/stories/BU19...lands-port.htm

    funny really. one thing is for sure the longer they wait to move it it is guaranteed it will cost more
    one step ahead of the herd

  4. #214
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    I've never been able to work out the economic benefits to the country of moving the port north out of Auckland when the vast majority of freight is destined for Auckland and points south.


  5. #215
    Legend Balance's Avatar
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    https://www.newsroom.co.nz/2019/11/2...t-on-ports-ceo

    https://www.stuff.co.nz/auckland/117...aution--review

    Expect plenty of rebuttals from vested interests (already identified and pre-empted by Wayne Brown) using all kinds of reports and reasons to try and turn public opinion from the shift to Northport.

    Not going to change the end result.

  6. #216
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    Quote Originally Posted by Balance View Post
    https://www.newsroom.co.nz/2019/11/2...t-on-ports-ceo

    https://www.stuff.co.nz/auckland/117...aution--review

    Expect plenty of rebuttals from vested interests (already identified and pre-empted by Wayne Brown) using all kinds of reports and reasons to try and turn public opinion from the shift to Northport.

    Not going to change the end result.
    Get some popcorn and watch how they exchange punches

  7. #217
    Legend Balance's Avatar
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    Quote Originally Posted by sb9 View Post
    Get some popcorn and watch how they exchange punches
    https://www.nzherald.co.nz/business/...ectid=12285646

    They have picked on the wrong person (Wayne Brown) imo.

    Read the article above and you can see he has gone through the issues very carefully and the vested interests are getting desperate.

    https://www.nzherald.co.nz/business/...ectid=12287134

    Meanwhile, here's the pathetic response the fat cat POA CEO whose vision consists of building a multi-level carpark and whose tenure so far is marked by Auckland losing market share to POT.

  8. #218
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    The move will never happen , more N Z F cr@p !

  9. #219
    Legend Balance's Avatar
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    Quote Originally Posted by whatsup View Post
    The move will never happen , more N Z F cr@p !
    Wondering when you were going to surface.

    Not too late to buy into the best infrastructure stock on the NZX for the next 10 years.

  10. #220
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    Bal, Once the MMH dreamers realise the N Z F cr@p is fact the s p will drop to sub $5.50 where it was before the ramping started , get out now before that happenes, the W B report was complete B S in my opinion, if I was paid enough I could write a report that said the sky is NOT blue !!!

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