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Re: a1derfullife post# 3401

Friday, 03/30/2012 4:58:58 PM

Friday, March 30, 2012 4:58:58 PM

Post# of 3419
Thank you for your inquiry, A1

TATF contacted me about the potential damage; they organized the clear cutting and coordinated the proceeds distribution from the purchaser.

Same with the other 2-'96 teak tree owners that I know personally.

Believe the same was done with a significant # of other tree owners on, at least, el Capital farm and maybe 1-2 other farms.

Sorry, I do not have specifics about other tree owners as TATF holds that information in confidence.

It is a bit difficult to determine the $/cu.m. that was received as some of our '96 teak trees had been thinned once; some twice.

Also, I do not believe "I am a special case," I think this was a special situation where TATF indicated it was in our best interest to have the '96 teak clear cut.

If the trees were not going to continue to mature, as all our other holdings, I was personally convinced this was the 100% correct course of action.

All our other holdings continue to mature and we are hopeful the prices will continue to escalate--that is in all tree owner's best interest, I belive.



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