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Re: Re: [sharechat] Tranz Rail

From:	"Malcolm Cameron" <malharcameron@hotmail.com>
Date:	Tue, 15 Apr 2003 19:13:21 +1000

Mick the cost of taking it up is just about the scrap metal value. There are 
lots of abandoned tracks around the world because of this.








>From: "mvanv" <mvanv@xtra.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: Re: Re: [sharechat] Tranz Rail
>Date: Tue, 15 Apr 2003 21:10:41 +1200
>
>Hi Hello and Snoopy
>
>I heard someone in the media suggest that TRH would be worth more in
>scrap metal value than the then 90c which it was trading at.
>
>This could be a good place to start working out TRH's  NTA
>By finding out the value of scap metal  to be gained from 3800km of track
>and 4300 wagons.
>
>
>Mick


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