Blue Mountain Lumber said today it may have to relocate a $30 million project offshore in the wake of an Environment Court decision that blocked it from a planned development site on the Coromandel.
Blue Mountain Lumber reported that it must relocate over $50 million offshore.
( z1 report :ARG0 ( z2 company :name ( z3 name :op "Blue" :op "Mountain" :op "Lumber" ) ) :ARG1 ( z4 obligate :ARG2 ( z5 relocate :ARG0 z2 :ARG1 z2 :ARG2 ( z6 offshore ) :ARG3 ( z7 over :op ( z8 monetary-quantity :quant 50000000 :unit ( z9 dollar ) ) ) ) ) )