Monday, November 1, 2010

Another community, more workers set for the scrapheap as Gunns flags Triabunna pull out.........and............Deutche Bank advises against investing in Gunns, questions Gunns' ability to fund Tamar Valley pulp mill

...................."But Gunns did not tell the community the Triabunna chip mill would be closing and according to Mrs Woods won't discuss with the local council what its exact intentions are.
"They told the workers they would be out of native forests by the start of 2011, but didn't say what would happen at the mill," Mrs Woods said. "So we have no clear indication if the mill will close in early December for Christmas and not reopen again or what will happen. "And that uncertainty is grossly unfair to the workers, unfair to the forest contractors and unfair to Triabunna."........

Read More in todays Mercury

................and from ABC online........Deutsche Bank investment warning

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