Buccleugh Line Operates

Shareholders on the Buccleugh Line had access to water today after the completion of that infrastructure.

Highbank Line Operates

Shareholders on the Highbank Line had access to water today after the completion of the final works on the pipeline and buffer pond.

Water flows to Methven Pond

Water flowed from the RDR to the first of the scheme ponds today. The Methven Line pond will be progressively filled over the next week and the pipe line should be operational by 15 Oct.

Annual Meeting Reminder

Shareholders are reminded of the annual meeting to be held 7.30pm, Tuesday 28 September, at Methven Resort, Main Street, Methven. A cash bar will follow. The audited financial statements to 31 March 2010 are posted on the capital raising page.

Acton Race Flows

Water flowed through the Acton Scheme fish screen and race today. Although there is no demand for irrigation with the wet weather, this action gives effect to the entire BCI consent one day prior to lapsing.

Acton Prospectus Successful

The Acton capital raising was very successful with support for close to the maximum 3,000l/s delivery.

Acton Prospectus Released

Today a prospectus was registered to raise capital for Acton Farmers Irrigation Cooperative Limited. The capital will be used to secure the licence for the BCI water and prepare to buy the scheme from the Rooney Group. Documentation is available on theĀ Acton Development page.

Open day for irrigators

BCI irrigator shareholders and pipe route effected parties have been invited to an open session at 11am, Monday 12th April, at 360 Barkers Road, Methven. Tyco and ACL are currently installing 1m pipe on the Wright property and the process can be viewed at the open session.

Acton scheme construction underway

The Acton irrigation scheme construction has commenced this week. The ADC stock race expansion scheme is being funded and constructed by Rooney Earthmoving Limited and will utilise three cumecs of the BCI consented water.