Friday, July 23rd, 2010

Kununurra: Movement in sandalwood investor market

The largest Ord Valley sandalwood planter says it is getting less money from Managed Investment Funds (MIS).

Tropical Forestry Services, which is planting sandalwood at Kinston Rest, said this is being compensated for by more money from “institutional investors” – such as an un-named American company which could invest $100million per year over five years.

Kimberley Echo [read this story]

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