Port of Tauranga Limited this afternoon received an interim decision of the Environment Court granting resource consent for Stage 1 of its planned Sulphur Point wharf extension, subject to conditions. Stage 1 involves building 285 metres of additional berth to the south of the Port’s existing container berths.
Decisions on whether to grant consents for Stage 2 of the Sulphur Point wharf extension, and for proposed works at the Mount Maunganui wharves, are reserved pending the provision of further information.
Analysts nudge up their 12-month target price for A2 to $7.85 from $7.80.
The average spend during the beta launch has been about $1,000.
The board says there is no better offer on the table than the one from Florenz.
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