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ASX:KPT

Kangaroo Island Plantation Timbers Ltd

Materials / Forest Products

Current price

$1.05

0.02 (1.87%)

Last trade: Invalid date GMT

Market cap

$59.24m

Market closed

Investor Presentations

Principal Activity

Kangaroo Island Plantation Timbers is Australia’s only listed timberland company. It manages a wholly-owned portfolio of hardwood and softwood forestry plantations, growing on former agricultural land on Kangaroo Island, South Australia. The Company owns about 25,000 hectares of productive Kangaroo Island land, with 14,200 planted to either softwood (radiata pine) or hardwood (eucalyptus globulus and eucalyptus nitens). A further 7300 hectares is remnant native vegetation. The Company also owns Kangaroo Island’s only sawmill, and owns potential port sites at Ballast Head and Smith Bay. The Smith Bay site is considered suitable as a site for a deep water wharf that can be used as a bulk log or chip export facility.


Address

Aurora on Pirie - Eastern Tower, Suite 805 House 5000/147 Pirie St, Adelaide SA 5000, Australia

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Copyright © 2020 Fresh Equities. All rights reserved. ACN 619 657 028. CAR: 001267539 of AFSL: 471379.