Timeline for Alpine Energy share sell down proposal

October 31 – Timaru Herald asks Alpine Energy shareholders whether a share sell down is on the cards. No-one will confirm or deny. November 1 – Timaru Herald publishes ‘‘Alpine Energy share sell down on the cards?’’ following claims TDHL is looking to sell shares. TDHL chairman and Timaru mayor Damon Odey issues a carefully worded statement in which he neither confirms nor denies any such plan. November 7 – TDC issues statement ‘‘Financial future proofing aim of Alpine Energy sale’’ in which it confirms TDHL proposal to sell shares. November 8 – Stuff poll on whether TDHL should sell shares attracts 1400 votes - 74 per cent vote against share sale and 26 per cent vote it is time to sell. November 8 – Flagged developments including proposed port expansion and heritage hub ruled out as being potential investment options if shares are sold. November 9 – Odey fires back at claims TDHL and the council has behaved secretly around proposal. November 9 – Timaru Herald lodges request under the Local Government Official Information and Meetings Act for all documents and reports relating to the proposal submitted for or presented to either the council or its holdings company. November 15 – Alpine Energy shareholders LineTrust South Canterbury, Mackenzie District Council and Waimate District Council say they are yet to decide on future of shareholdings. November 20 – Business leaders call for more detail on proposal after being addressed on the issue by Odey. November 21 – Odey Mayor faces stern questioning at Grey Power forum to discuss proposal. November 23 – TDHL director Ian Fitzgerald says there is too much risk with investment in Alpine Energy shares. November 23 – Timaru Herald receives some information requested under the LGOIMA. November 28 – LineTrust South Canterbury confirms it wants to purchase some, if not all, of TDHL’s Alpine shares. November 29 – 160 submissions on the proposal. December 3 – Economist Cameron Bagrie addresses a range of interest groups in Timaru where he advises TDHL needs to get ‘‘best bang for its buck’’ and said it could be holding too much of its investment in Alpine Energy. December 5 – Waimate council confirms it is not selling any Alpine Energy shares.