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From: | "Jeremy Ardley" <jeremy@ardley.org> |
Date: | Thu, 7 Sep 2000 12:48:54 +0800 |
> Oh well, you cannot fast forward the growing cycle as we do > with Radiata and avoid soft tissue timber. > Chris Just an aside. There is an ultra fast growing hardwood tree touted here in Australia called Paulownia. It grows faster than radiata and supposedly produces good quality hardwood within 10-15 years The trouble with it is that it is : 1. Untried in Australia (It is a Chinese native) and no-one has ever actually harvested any timber from it, and 2. It is promoted almost exclusively as a tax minimisation scheme. In my opinion, you might get a good return if someone reputable does it, but never, ever, if it is part of a tax minimisation scheme. Jeremy Disc : I have previously developed computer projections of Paulownia production/returns for inclusion in a prospectus. My observations of the promoter and his business ethics were such that I would run a mile before ever investing in such a scheme. On the other hand I am very tempted to lease a few hundred hectares and plant my own Paulownia. ---------------------------------------------------------------------------- http://www.sharechat.co.nz/ New Zealand's home for market investors http://www.netbroker.co.nz/ Trade on Credit, Low Brokerage. Join now. ---------------------------------------------------------------------------- To remove yourself from this list, please use the form at http://www.sharechat.co.nz/forum.shtml.
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