Scales - SCL

[percy]

Have they fully completed the big storage complex.........1/2 is leased to fontera and I would not be surprised if fontera have taken the other half as well considering they continue to hold back products in their auctions to help lift prices.

I do not think they have started building it yet?
Result will update progress.

[Omega]

I do not think they have started building it yet?
Result will update progress.

Latest reports were that earthworks commenced in Dec and project expected to take approx 9 months.

[percy]

Latest reports were that earthworks commenced in Dec and project expected to take approx 9 months.

Omega.
Thank you.

[bull....]

panic merchants moving in, probably heard they found number 5 in auckland

[sb9]

panic merchants moving in, probably heard they found number 5 in auckland

There are always those who panic and become nervous....

[stoploss]

There are always those who panic and become nervous....

I think you will find this situation gets worse before it gets better , and will take considerable time until they can declare this pest free , IE : Longer than 6 months.

[Tony Two Gloves]

The big unknown as how this will impact on the SP, looking forward to a good result on Thursday but think this may limit any potential upside for a while.

Disc: Holding but not as confident as I was last week.

[Jantar]

I bought a few as a bit of a punt. If the share price drops much further on panic selling it could be a good chance to top up at a cheap price.

[Tony Two Gloves]

If the panic isn't justified of course - lol

[percy]

The result is a "cracker".
Actual profit is $18.4 mil,up 15.4% on prospectus $15.9mil.