1 December 2022
Blue Endeavour decision appealed seeking changes to conditions
The Department of Conservation (DoC) has lodged an appeal seeking changes to the conditions imposed on the Blue Endeavour consent. Should those changes be made, DoC has signalled that it does not oppose the granting of the consent of the Blue Endeavour application.
Following a hearing in Blenheim which started last year, Marlborough District Council announced on November 11 the decision by three commissioners to approve New Zealand King Salmon’s application to farm in the open ocean.
NZKS will be heading into mediation with DoC and any other interested parties in the New Year.
The company is unaware of any other appeals, or parties intending to appeal.
ENDS
For investor or analyst queries, please contact:
• Graeme Tregidga, Acting CEO
[email protected]
For media queries, please contact:
• Paul McIntyre - 021 598 541
[email protected]
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Goldman Sach analysts have a 12-month target price of A$2.85 ($3.14).
An investment firm bought the stake, which included 116,145 hectares of forestry.
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