Water rights valuations for the

Tandou property

The water rights for Tandou Limited were valued on three separate occasions. Licences designated “high security” can count on receiving their full allocation of water in all but severe drought periods. The reliability of full allocation to general security is less assured, and much more variable between river systems

Valuer

High security ($/ML)

General security

($/ML)

Opteon

$1,800

 

$1,050

$1,500

Herron Todd White

$3,500

$1,050

$1,755

Abares

Source: papers tabled in the Senate

Water rights valuations for the Tandou

property

The water rights for Tandou Limited were valued on three separate occasions. Licences designated “high security” can count on receiving their full allocation of water in all but severe drought periods. The reliability of full allocation to general security is less assured, and much more variable between river systems

Valuer

High security ($/ML)

General security

($/ML)

$1,800

 

$1,050

Opteon

$1,500

$3,500

Herron Todd White

$1,050

$1,755

Abares

Source: papers tabled in the Senate

Water rights valuations for the Tandou property

The water rights for Tandou Limited were valued on three separate occasions. Licences designated “high security” can count on receiving their full allocation of water in all but severe drought periods. The reliability of full allocation to general security is less assured, and much more variable between river systems

Valuer

General security ($/ML)

High security ($/ML)

$1,800

 

$1,050

Opteon

$3,500

$1,500

Herron Todd White

$1,755

Abares

$1,050

Source: papers tabled in the Senate

Water rights valuations for the Tandou property

The water rights for Tandou Limited were valued on three separate occasions. Licences designated “high security” can count on receiving their full allocation of water in all but severe drought periods. The reliability of full allocation to general security is less assured, and much more variable between river systems

Valuer

High security ($/ML)

General security ($/ML)

Notes

Valuation conducted for department of environment for “financial reporting purposes”

$1,800

 

$1,050

Opteon

Included compensation for loss of business in valuation to bring it to a total of $86m

$3,500

$1,500

Herron Todd White

Valued Tandou’s rights at $24m, but said they could be worth up to $52m if all restrictions were removed

$1,755

Abares

$1,050

Source: papers tabled in the Senate

Water rights valuations for the Tandou property

The water rights for Tandou Limited were valued on three separate occasions. Licences designated “high security” can count on receiving their full allocation of water in all but severe drought periods. The reliability of full allocation to general security is less assured, and much more variable between river systems

Valuer

High security ($/ML)

General security ($/ML)

Notes

Valuation conducted for department of environment for “financial reporting purposes”

$1,800

 

$1,050

Opteon

Included compensation for loss of business in valuation to bring it to a total of $86m

$3,500

$1,500

Herron Todd White

Valued Tandou’s rights at $24m, but said they could be worth up to $52m if all restrictions were removed

$1,050

$1,755

Abares

Source: papers tabled in the Senate