Forum Archive Index - March 2004

["Hans Van der Voorn" <vandervoorn@xtra.co.nz>]

Where does Tiwai Point feature in those numbers? Does SPN make any money out
of the smelter tonnages, which I assume are significant.

H.
----- Original Message ----- 
From: <tennyson@caverock.net.nz>
To: <sharechat@sharechat.co.nz>
Sent: Tuesday, March 23, 2004 11:53 PM
Subject: Re: [sharechat] SPN was LPC Questions -reply


> Hi Harley,
>
> >
> >>How 'cash hungry' is the Southland Regional Council?
> >
> >They appear to be passive shareholders with no directors
> >on the board.The board has stated they expect to maintain
> >the div. this coming year.
> >
>
> I'll bet that the SRC had a big hand in appointing some of those
> independent directors to the board though.
>
> >
> >> What big bills are on the horizon?
> >
> > No,  They haven't foreshadowed any.
> >
>
> Good!
>
> >
> > 2m. tonnes  35% export, 65% import,  imports may or may not
> > decrease,but Southland is a very wealthy area, and production will
> > continue to exported. Rationalization of shipping services is  an
> > unknown which effects all ports smaller ones more so. Also low
> > turnover of shares - not for short term.
> >
>
>  I am surprised that the import/export balance is as 'outta whack' as
> that.    Did I read somewhere that all the Southland dairy produce is
> now shipped out via Timaru?
>
> SNOOPY
>
> --
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> "You can tell me I'm wrong twice,
> but that still only makes me wrong once."
>
>
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