Christopher Luxon
๐ค SpeakerAppearances Over Time
Podcast Appearances
But with respect to petrol, diesel, jet, we've got no signs, no signals, no disruption to our future fuel supply.
So it's business as usual.
yeah so yeah and i do owe you a good answer on that because you've been asking me on that uh every week and fair enough um the bottom line is that the tank of the 90 million tank is actually going to be available early june and we need to obviously time the arrival of our fuel to to go into that tank there's no point bringing it in any earlier um obviously we don't have anywhere to store it so that storage facility is available early june we will land our fuel uh in that in june as well
And we're very close.
We're just still working through just final commercial contractual terms.
As soon as we can, we'll announce that.
But that is a better option for us is to pursue this unsolicited bid and this commercial over and above fuel supply than actually doing the swaps at this point.
And we think that's something we might leave for down the road.
It's a bit more complicated.
But we think the real thing is to secure the 90 million extra of diesel over and above our current minimum standards.
No, it actually is.
There's a lot of real businesses that I've run into up and down the country.
I was down in Christchurch, actually, at this company called Zethos just on Friday, and they're basically recycling critical minerals out of existing products.
And it's incredible, producing zinc and other things.
And actually their funding and their investment has come from, I mean, two of the active investor visas that had come out, one from the Netherlands and I think one from Brazil.
And they have come to New Zealand, put the money in, then put more money in.
So even though we've got a minimum requirement of $5 or $10 million for this active investor visa, many of them are putting in two, three times more once they're comfortable in the market.
And that's been obvious in many companies that I've seen.
So
No, the key thing is it's going into productive businesses.