<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Dear Brian:

IRR is "Investment Rate of Return".

I hope this helps.

Constantine

--- Brian Chatterton <tn7685@orvienet.it> wrote:
> Some one sent me a prospectus for a big olive scheme
> in central
> Victoria(Australia) No names no pack drill.
>
> A few years ago we were asked to comment on
> another scheme which
> which estimated that 85% of the oil would be
> lampante grade and 15%
> EVOO. We thought this very pessimistic. This one
> says it will produce
> 100% EVOO. Optimistic?
>
> They claim they will produce 24.2% oil on a
> volume basis. Of course
> every one else uses weight but I think that is about
> 22% on a weight
> basis. The Italian national average varies from 17%
> to 19% so perhaps
> optimistic again? Digging deep into the fine print
> they say that a 5%
> change in the oil yield will reduce the IRR from 6%
> to 4%. I am not sure
> what this means. Perhaps an accountant in the group
> could help? Does it
> mean a drop from 22% to 17% or does it mean 5%
> change in the percentage
> oil yield (that is 5% of 22%) in which case a 5%
> drop would be about 1%.
> If it is the later watch out!!! Even if it is a
> drop to 17% that is
> not so unlikely.
>
>
> Cheers Brian Chatterton
>
>
> -------------------------- eGroups Sponsor
>
> **** RECIPES ****
> http://www.egroups.com/group/OliveOilRecipes
>
>
************************************************** ***
> Addresses:
> Post message: OliveOil@egroups.com
> Subscribe: OliveOil-subscribe@egroups.com
> Unsubscribe: OliveOil-unsubscribe@egroups.com
> List owner: OliveOil-owner@egroups.com
> URL to this page:
> http://www.egroups.com/group/OliveOil
>
>


=====
Constantine Alexander
http://www.OliveTree.cc
Where Olive Oil is a Passion
http://www.PapasHaven-subscribe@egroups.com/
"Olio nuovo e vino vecchio"

__________________________________________________
Do You Yahoo!?
Yahoo! Photos - Share your holiday photos online!
http://photos.yahoo.com/
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Constantine, Brian and Roger-

How much EVOO is produced in Australia right now? Is it for export of
domestic consumption? Could you point me to a web site where 'Strine EVOO is
sold?
----- Original Message -----
From: Constantine Alexander <PapaAlexander@yahoo.com>
To: <OliveOil@egroups.com>
Sent: Thursday, December 28, 2000 7:56 AM
Subject: Re: [OliveOil] investment in Australian olives.


> Dear Brian:
>
> IRR is "Investment Rate of Return".
>
> I hope this helps.
>
> Constantine
>
> --- Brian Chatterton <tn7685@orvienet.it> wrote:
> > Some one sent me a prospectus for a big olive scheme
> > in central
> > Victoria(Australia) No names no pack drill.
> >
> > A few years ago we were asked to comment on
> > another scheme which
> > which estimated that 85% of the oil would be
> > lampante grade and 15%
> > EVOO. We thought this very pessimistic. This one
> > says it will produce
> > 100% EVOO. Optimistic?
> >
> > They claim they will produce 24.2% oil on a
> > volume basis. Of course
> > every one else uses weight but I think that is about
> > 22% on a weight
> > basis. The Italian national average varies from 17%
> > to 19% so perhaps
> > optimistic again? Digging deep into the fine print
> > they say that a 5%
> > change in the oil yield will reduce the IRR from 6%
> > to 4%. I am not sure
> > what this means. Perhaps an accountant in the group
> > could help? Does it
> > mean a drop from 22% to 17% or does it mean 5%
> > change in the percentage
> > oil yield (that is 5% of 22%) in which case a 5%
> > drop would be about 1%.
> > If it is the later watch out!!! Even if it is a
> > drop to 17% that is
> > not so unlikely.
> >
> >
> > Cheers Brian Chatterton
> >
> >
> > -------------------------- eGroups Sponsor
> >
> > **** RECIPES ****
> > http://www.egroups.com/group/OliveOilRecipes
> >
> >
> ************************************************** ***
> > Addresses:
> > Post message: OliveOil@egroups.com
> > Subscribe: OliveOil-subscribe@egroups.com
> > Unsubscribe: OliveOil-unsubscribe@egroups.com
> > List owner: OliveOil-owner@egroups.com
> > URL to this page:
> > http://www.egroups.com/group/OliveOil
> >
> >
>
>
> =====
> Constantine Alexander
> http://www.OliveTree.cc
> Where Olive Oil is a Passion
> http://www.PapasHaven-subscribe@egroups.com/
> "Olio nuovo e vino vecchio"
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Photos - Share your holiday photos online!
> http://photos.yahoo.com/
>
>
> **** RECIPES **** http://www.egroups.com/group/OliveOilRecipes
>
> ************************************************** ***
> Addresses:
> Post message: OliveOil@egroups.com
> Subscribe: OliveOil-subscribe@egroups.com
> Unsubscribe: OliveOil-unsubscribe@egroups.com
> List owner: OliveOil-owner@egroups.com
> URL to this page: http://www.egroups.com/group/OliveOil
>
>
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Constantine, Brian and Roger-

How much EVOO is produced in Australia right now? Is it for export of
domestic consumption? Could you point me to a web site where 'Strine EVOO is
sold?

Thanks,
Wendy Rowe
Durham, NC
----- Original Message -----
From: Constantine Alexander <PapaAlexander@yahoo.com>
To: <OliveOil@egroups.com>
Sent: Thursday, December 28, 2000 7:56 AM
Subject: Re: [Olive OIl] investment in Australian olives.


> Dear Brian:
>
> IRR is "Investment Rate of Return".
>
> I hope this helps.
>
> Constantine
>
> --- Brian Chatterton <tn7685@orvienet.it> wrote:
> > Some one sent me a prospectus for a big olive scheme
> > in central
> > Victoria(Australia) No names no pack drill.
> >
> > A few years ago we were asked to comment on
> > another scheme which
> > estimated that 85% of the oil would be
> > lampante grade and 15%
> > EVOO. We thought this very pessimistic. This one
> > says it will produce
> > 100% EVOO. Optimistic?
> >
> > They claim they will produce 24.2% oil on a
> > volume basis. Of course
> > every one else uses weight but I think that is about
> > 22% on a weight
> > basis. The Italian national average varies from 17%
> > to 19% so perhaps
> > optimistic again? Digging deep into the fine print
> > they say that a 5%
> > change in the oil yield will reduce the IRR from 6%
> > to 4%. I am not sure
> > what this means. Perhaps an accountant in the group
> > could help? Does it
> > mean a drop from 22% to 17% or does it mean 5%
> > change in the percentage
> > oil yield (that is 5% of 22%) in which case a 5%
> > drop would be about 1%.
> > If it is the later watch out!!! Even if it is a
> > drop to 17% that is
> > not so unlikely.
> >
> >
> > Cheers Brian Chatterton
> >
> >
> > -------------------------- eGroups Sponsor
> >
> > **** RECIPES ****
> > http://www.egroups.com/group/OliveOilRecipes
> >
> >
> ************************************************** ***
> > Addresses:
> > Post message: OliveOil@egroups.com
> > Subscribe: OliveOil-subscribe@egroups.com
> > Unsubscribe: OliveOil-unsubscribe@egroups.com
> > List owner: OliveOil-owner@egroups.com
> > URL to this page:
> > http://www.egroups.com/group/OliveOil
> >
> >
>
>
> =====
> Constantine Alexander
> http://www.OliveTree.cc
> Where Olive Oil is a Passion
> http://www.PapasHaven-subscribe@egroups.com/
> "Olio nuovo e vino vecchio"
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Photos - Share your holiday photos online!
> http://photos.yahoo.com/
>
>
> **** RECIPES **** http://www.egroups.com/group/OliveOilRecipes
>
> ************************************************** ***
> Addresses:
> Post message: OliveOil@egroups.com
> Subscribe: OliveOil-subscribe@egroups.com
> Unsubscribe: OliveOil-unsubscribe@egroups.com
> List owner: OliveOil-owner@egroups.com
> URL to this page: http://www.egroups.com/group/OliveOil
>
>
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Constantine, Brian and Roger-

How much EVOO is produced in Australia right now? Is it for export of
domestic consumption? Could you point me to a web site where 'Strine EVOO is
sold?

Thanks,
Wendy Rowe
Durham, NC
----- Original Message -----
From: Constantine Alexander <PapaAlexander@yahoo.com>
To: <OliveOil@egroups.com>
Sent: Thursday, December 28, 2000 7:56 AM
Subject: Re: [Olive Oil] investment in Australian olives.


> Dear Brian:
>
> IRR is "Investment Rate of Return".
>
> I hope this helps.
>
> Constantine
>
> --- Brian Chatterton <tn7685@orvienet.it> wrote:
> > Some one sent me a prospectus for a big olive scheme
> > in central
> > Victoria(Australia) No names no pack drill.
> >
> > A few years ago we were asked to comment on
> > another scheme which
> > estimated that 85% of the oil would be
> > lampante grade and 15%
> > EVOO. We thought this very pessimistic. This one
> > says it will produce
> > 100% EVOO. Optimistic?
> >
> > They claim they will produce 24.2% oil on a
> > volume basis. Of course
> > every one else uses weight but I think that is about
> > 22% on a weight
> > basis. The Italian national average varies from 17%
> > to 19% so perhaps
> > optimistic again? Digging deep into the fine print
> > they say that a 5%
> > change in the oil yield will reduce the IRR from 6%
> > to 4%. I am not sure
> > what this means. Perhaps an accountant in the group
> > could help? Does it
> > mean a drop from 22% to 17% or does it mean 5%
> > change in the percentage
> > oil yield (that is 5% of 22%) in which case a 5%
> > drop would be about 1%.
> > If it is the later watch out!!! Even if it is a
> > drop to 17% that is
> > not so unlikely.
> >
> >
> > Cheers Brian Chatterton
> >
> >
> > -------------------------- eGroups Sponsor
> >
> > **** RECIPES ****
> > http://www.egroups.com/group/OliveOilRecipes
> >
> >
> ************************************************** ***
> > Addresses:
> > Post message: OliveOil@egroups.com
> > Subscribe: OliveOil-subscribe@egroups.com
> > Unsubscribe: OliveOil-unsubscribe@egroups.com
> > List owner: OliveOil-owner@egroups.com
> > URL to this page:
> > http://www.egroups.com/group/OliveOil
> >
> >
>
>
> =====
> Constantine Alexander
> http://www.OliveTree.cc
> Where Olive Oil is a Passion
> http://www.PapasHaven-subscribe@egroups.com/
> "Olio nuovo e vino vecchio"
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Photos - Share your holiday photos online!
> http://photos.yahoo.com/
>
>
> **** RECIPES **** http://www.egroups.com/group/OliveOilRecipes
>
> ************************************************** ***
> Addresses:
> Post message: OliveOil@egroups.com
> Subscribe: OliveOil-subscribe@egroups.com
> Unsubscribe: OliveOil-unsubscribe@egroups.com
> List owner: OliveOil-owner@egroups.com
> URL to this page: http://www.egroups.com/group/OliveOil
>
>
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Constantine, Brian and Roger-

How much EVOO is produced in Australia right now? Is it for export of
domestic consumption? Could you point me to a web site where 'Strine EVOO is
sold?

Thanks,
Wendy Rowe
Durham, NC
----- Original Message -----
From: Constantine Alexander <PapaAlexander@yahoo.com>
To: <OliveOil@egroups.com>
Sent: Thursday, December 28, 2000 7:56 AM
Subject: Re: [Olive Oil] investment in Australian olives.


> Dear Brian:
>
> IRR is "Investment Rate of Return".
>
> I hope this helps.
>
> Constantine
>
> --- Brian Chatterton <tn7685@orvienet.it> wrote:
> > Some one sent me a prospectus for a big olive scheme
> > in central
> > Victoria(Australia) No names no pack drill.
> >
> > A few years ago we were asked to comment on
> > another scheme which
> > estimated that 85% of the oil would be
> > lampante grade and 15%
> > EVOO. We thought this very pessimistic. This one
> > says it will produce
> > 100% EVOO. Optimistic?
> >
> > They claim they will produce 24.2% oil on a
> > volume basis. Of course
> > every one else uses weight but I think that is about
> > 22% on a weight
> > basis. The Italian national average varies from 17%
> > to 19% so perhaps
> > optimistic again? Digging deep into the fine print
> > they say that a 5%
> > change in the oil yield will reduce the IRR from 6%
> > to 4%. I am not sure
> > what this means. Perhaps an accountant in the group
> > could help? Does it
> > mean a drop from 22% to 17% or does it mean 5%
> > change in the percentage
> > oil yield (that is 5% of 22%) in which case a 5%
> > drop would be about 1%.
> > If it is the later watch out!!! Even if it is a
> > drop to 17% that is
> > not so unlikely.
> >
> >
> > Cheers Brian Chatterton
> >
> >
> > -------------------------- eGroups Sponsor
> >
> > **** RECIPES ****
> > http://www.egroups.com/group/OliveOilRecipes
> >
> >
> ************************************************** ***
> > Addresses:
> > Post message: OliveOil@egroups.com
> > Subscribe: OliveOil-subscribe@egroups.com
> > Unsubscribe: OliveOil-unsubscribe@egroups.com
> > List owner: OliveOil-owner@egroups.com
> > URL to this page:
> > http://www.egroups.com/group/OliveOil
> >
> >
>
>
> =====
> Constantine Alexander
> http://www.OliveTree.cc
> Where Olive Oil is a Passion
> http://www.PapasHaven-subscribe@egroups.com/
> "Olio nuovo e vino vecchio"
>
> __________________________________________________
> Do You Yahoo!?
> Yahoo! Photos - Share your holiday photos online!
> http://photos.yahoo.com/
>
>
> **** RECIPES **** http://www.egroups.com/group/OliveOilRecipes
>
> ************************************************** ***
> Addresses:
> Post message: OliveOil@egroups.com
> Subscribe: OliveOil-subscribe@egroups.com
> Unsubscribe: OliveOil-unsubscribe@egroups.com
> List owner: OliveOil-owner@egroups.com
> URL to this page: http://www.egroups.com/group/OliveOil
>
>
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Wendy

Oil production figures for Oz can be seen at
http://www.victorianolivegroves.com/frames_index.htm
PS it helps to remove the rest of the previous messages. Just leave enough
so the subject is understood.

Regards
Peter Caird
www.victorianolivegroves.com

> How much EVOO is produced in Australia right now? Is it for export of
> domestic consumption? Could you point me to a web site where 'Strine EVOO
is
> sold?
</pre>
</td></tr></table>

<table border=0 cellpadding=2 cellspacing="0"><tr><td>
<pre>Some one sent me a prospectus for a big olive scheme in central
Victoria(Australia) No names no pack drill.

A few years ago we were asked to comment on another scheme which
which estimated that 85% of the oil would be lampante grade and 15%
EVOO. We thought this very pessimistic. This one says it will produce
100% EVOO. Optimistic?

They claim they will produce 24.2% oil on a volume basis. Of course
every one else uses weight but I think that is about 22% on a weight
basis. The Italian national average varies from 17% to 19% so perhaps
optimistic again? Digging deep into the fine print they say that a 5%
change in the oil yield will reduce the IRR from 6% to 4%. I am not sure
what this means. Perhaps an accountant in the group could help? Does it
mean a drop from 22% to 17% or does it mean 5% change in the percentage
oil yield (that is 5% of 22%) in which case a 5% drop would be about 1%.
If it is the later watch out!!! Even if it is a drop to 17% that is
not so unlikely.


Cheers Brian Chatterton
</pre>
</td></tr></table>