Donations
Peaceful protest is powerful.
It can also be expensive!
Peaceful protestors face fines, legal fees and court costs. While some of us are willing and able to contribute a large proportion of our own expenses, there are others who are extremely passionate and committed to this cause but will really struggle to meet these costs. What is more, the threat of fines may prevent many who would otherwise be involved from doing so. To be effective, we need to be as inclusive as possible. If you are unable or unwilling to be arrested, a contribution to other's arrests is a huge benefit to this campaign.
As a community based campaign run entirely by volunteers we have extremely low overheads and our administration costs are negligible. Most of these we cover ourselves – you should see the phone bills! Actions, however, cost money. Banner paint, arm bands, telephone calls, flyer printing, workshop venue hire, forty black umbrellas... it all adds up!
ANZ Campaign
Gunns has a net debt of $616 million, of which the primary
financing facility - a $350 million senior debt facility –
is maturing in January 2012. ANZ is the primary financing
facility and thus is the Australian Bank that keeps Gunns
standing. Current site works taking place to prepare for
construction of the proposed pulp mill are directly financed
by the ANZ bank.
Pulp the Mill is participating in a national campaign to
warn ANZ that if they renew their debt facility to Gunns Ltd
then we will renew our national campaign targeting ANZ. We
will be placing national advertisements, undertaking direct
actions, sending letters/petitions, and anything else it
takes to let ANZ know that we don’t want them to finance the
Gunns’ Tamar Valley pulp mill.
With Gunns’ share price at its lowest ever and a capital
equity of only $82 million, Gunns Ltd is in serious
financial trouble. It is selling everything to try and get
its pulp mill built.
Gunns’ Chairman stated in his Annual General Meeting speech
in November 2011 that Gunns Ltd is in discussion with ANZ to
extend the debt with the: “objective of these
discussions is to provide financing terms which facilitate
the completion of the asset sale program and financial
close of the Bell Bay pulp mill project.”
We demand that ANZ do not extend the debt facility for Gunns
Ltd, and warn ANZ that if it does announce an extension of
the debt facility, then our national campaign will result in
letting its customers know worldwide that it is backing a
polluting project that does not comply with the Equator
Principles.
The first stage of this campaign is placing advertisements
in the Financial Review, The Australian, The Age, The
Examiner and The Mercury on January 17, two weeks before the
debt repayment is due. The advertisement is a warning to ANZ
that if they continue to fund Gunns pulp mill, we will step
up the campaign against ANZ. The costs for these ads is
considerable.
PLEASE HELP US PAY FOR THESE ADVERTISEMENTS AND ACTIONS BY DONATING TO OUR ACTION AND ADMINISTRATION FUND.
You can make a donation to our legal fund or action and administration fund – or both!
Bendigo Bank
"Pulp the Mill – legal fund"
BSB 633-000 Acc 138361738
"Pulp the Mill - action and admin fund"
BSB 633-000 Acc 138361696
We cannot give you a receipt if you deposit money directly into our account. If you send a cheque or money order made out to "Pulp the Mill" and send it with your address to: Pulp the Mill Inc, PO Box 229, North Hobart, Tas 7002, we will send you a receipt.