Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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‘TLOU will imho rise from 1.8p to 11.8p within 6 months to a year , overtaking WBI imho again! ‘
This is one mighty rise if true ! What makes you think this is going to happen ?
Sorry Dactions , I did not realise that link was your means of getting to
https://www.the-financialnews.com/?p=4057
which, s you can see, is still being updated after being dumped after the AGM news broke, and then resurrecteda week or so later!
the last thing I wanted to do was revive it but there seems to be a self-destruct attitude on this board.
My June 22 post about Motley (loosely) prevailed for so long I thought a heads up on Ronald Brown was better as the headline! Little did I realise that it was going to be a source of ridicule,
If people catch a cold because him thenQoodbois will hit a sour note from the victims.
Jay , TLOU will imho rise from 1.8p to 11.8p within 6 months to a year , overtaking WBI imho again! At that point I might , just might , sell a few TLOU to buy WBI , to open my narrow portfolio up a bit. That will depend upon WBI achieving partnerships with conglomerates , as Paul looked confident of doing, and then getting an attractive return on their carbon credits.
I am unconvinced they are queuing up unless Advaced carbon credits are acceptable NOW to offset carbon liabilities! Ronald, me and potential conglomerates might will have all fallen into the trap of FORWARD CARBON CREDITS not meaning what we understood by it!
Ronald has ignored the facts or Paul is wrong! I have opted for Ronald being a fraud and yet again, I apologise to BC100 fighting the wrong corners case! His defence was too ropey imho , repeating words from August when September's message was that WBI had had a dramatic change of heart regarding carbon credits was never going to dissuade me.
The amazing thing for me was how slow Paul was to realise why Jennifer asked the question!
He supported the idea that credits were likely to rise from $10 to $60 and maybe way beyond that! He sure as hell confused me , I am lucky to sold up at a profit!
He still confuses me - I don't understand why Gabon would take credits for WBI planting new varieties of trees on land they own!! Michael said carbon sequestration actually starts on the day a sapling is planted!! To my mind , that means carbon credits should start immediately, albeit at very marginal levels but growing as the trees grow, I am expecting that to be confirmed or denied in the near future unless Michael Floyd resigns!
“ . . . As for WoodBois, we can expect early next month news of 2nd quarter trading . . . “
------------
Yes, if events are similar to last year then I’d expect the Q2 update next week (late in the week).
Nothing on the WBI website!
Holders should be pleased with the contents as the last guidance was to expect a continuance of increased revenue. The only caveat was: that all was dependent on containers and shipping issues easing, as the shipping industry was in dire straits earlier this year.
It's then a simple matter of adding the new Q2 to the previous Q1 update to arrive at the H1 (Official H1 expected in early August RNS) to check if the extraordinary increase in revenue forecasts for the full year, over previous achievements is on track or not.
Holders have every right to look forward to next week with great optimism. As that was the positive guidance issued in the last company update.
I want to see if the huge increase promised is delivered, or excuses made.
It will make an impact on continuing the sentiment momentum positively, if achieved.
Don’t have a position in WBI (still have unresolved issues with items in the balance sheet) so I’d like to see how this all pans out, and whether my concerns are unfounded.
Unfortunately, I’m out of town again next week, so someone else will have to get a H1 total as the market will react positively to signs that forecast guidance is on target – as it’s a stellar increase forecast - expected to come to fruition by the market that’s for sure!
‘imskint - 5.5p is 3 times the price of my share.
Until my 1.8p shareprice has overtaken WBI price it will take a fantastic RNS to make me invest here.’
What does this post mean ? I might be being stupid but I don’t understand it.
I thought we all knew that carbon credits where years away. Trees don’t grow overnight. I think you are the only one who said and thought that they would be sooner. I have respect for you as an older gentleman. But I actually think you should maybe not make comments on what you think, seeing as how wrong and far out you was with your previous prediction on carbon credits and woodbois. Your future comments possibly could give people the wrong idea more than a bogus internet article.
"Brad you no longer have shares in woodbois .. so why are you continuing to post on here ? Not only posting, but posting to try and put people off investing in woodbois ? That’s a pretty low thing to do isn’t it ?"
Bradsmith - I've quoted above the point Jay1987 made and I think he is right. I did extensive google searches and the ramping article of Ronald Brown is no longer being touted as it had been many weeks ago by paid-for google ad placements. I gave you the link to new companies that are being touted - there is NO mention of WoodBois.
I've enjoyed some of your past comments but as you've told us yourself, you are now a confirmed ex-shareholder, so it's not fair to fly stories that are no longer relevant.
imskint - 5.5p is 3 times the price of my share.
Until my 1.8p shareprice has overtaken WBI price it will take a fantastic RNS to make me invest here.
Oops? Not found!
I am not saying anything about investing in Woodbois am I Jay?
The same notice that brought me here is still online and will attract new people.
I posted to put those people off if they expect Woodbois to be making money within a year on carbon credits!
Existing posters KNOW THIS TO BE TRUE or they are slow witted!
What you have done is move my post to a place where it will be missed. I have no shares in Woodbois but if it transpires thar carbon credits are possible earlier then I expect, I will be interested.
If I wanted to put people off I can do a better job.
Eentrepreneurs will have to find ready money to buy land, pay Woodbois to manage it, and then wait for 7 yrs or more to see any benefits for their considerable outlay.
I can see them jumping at it if FORWARD credits were available immediately - but waiting for trees to be planted and matured to a carbon credit size when there are instant carbon credits to be had elsewhere??
I cannot see it!
So I am waiting to see if Michael Floyd was indeed implying the quantum change approach that now exists (but did not when Paul looked at credits) to be confirmed or denied!
Forward trades fitted the theme but is now in doubt.
Woodbois and Gabon both look good to me and worth long term investment. But for get rich quick merchants forget credits and stick with timber earnings rising year on year.
A few million quid shared around 2bn shares is a good steady earner but not a get rich quick life changer.
I will look up Daction’s link and see where the new money makers are supposed to be. I will be pleased if Woodbois can be one of them and that is honest. But until the first credit entrepreneur arrives I will be missing out.
To buy cheap.
Brad you no longer have shares in woodbois .. so why are you continuing to post on here ? Not only posting, but posting to try and put people off investing in woodbois ? That’s a pretty low thing to do isn’t it ?
"Even Gabon, a Francophile country, has applied to join the Commonwealth "
Francophile - I meant Francophone of course.
Bradsmith - I think you're wrong to be highlighting this right now as it's a 'non-story' as far as WoodBois is concerned. The rampers have moved on and are promoting other shares now:
For example put in google 'best shares for carbon credits' and you'll typically get a link like this:
https://www.dgb.earth/carbon-offset-blog/carbon-green-stocks.
As for WoodBois, we can expect early next month news of 2nd quarter trading. I'm confident that the excellent momentum we've seen from WBI these past 12 months will continue. What's not to like ? Even Gabon, a Francophile country, has applied to join the Commonwealth !
If you are viewing this board as a result of reading a Financial News articles by a Ronald Brown , then you should ignore him!
There is virtually no chance of Woodbois of making a fortune from carbon credits in less than 4 years!
"WoodBois could easily become London’s most profitable stock for investors this year and that is why I am recommending readers take a close look at it right now.
Those who don’t buy shares of WoodBois today will likely regret it in hindsight when the stock is trading hundreds of percent higher."
The 1m acres of Woodbois forests will earn nothing from Carbon Credits because any credits that are issued will be claimed by the respective government (Gabon and Mozambique).
New plantations are a different kettle of fish if they a devoid of trees , and Woodbois reforest them. Credits will become payable after 4 years as I understand it.
Woodbois does not have cash to purchase sizeable areas so they propose to manage new plots for those who want to cash in on carbon credits and there is a fortune there to be made. I assume the Tesla story has solid foundation!
Woodbois' agreements with these entrepreneurs will include land management fees, and maybe rights to their allowable timber production in over 20 years! I trust Woodbois will want an element of their charges to be paid in carbon credits which will appreciate in value given time. Woodbois will hope to raise enough cash to start buying their own plots and reap the rewards 100% rather than their share of the entrepreneur's profits.
I find it hard to accept that Woodbois cannot earn from their existing forests if they plant new varieties of tree where the forest has been raped of timber years ago. Natural regrowth earning credits for Gabon makes sense , but not areas that are reforested by Woodbois.
Paul Dolan ,CEO, had this to say at the AGM
https://drive.google.com/file/d/1yIh69Ecg6kFz5iubtS92I28NEZC3uQGr/view?usp=sharing
I am watching to see if that statement is reversed! Michael Floyd , the carbon credits manager, and Paul himself, referred to FORWARD carbon credits which totally mislead me!
FORWARD SELLING is a derivate (both have a background in derivatives) whereby you can sell "things" NOW at whatever price someone will pay , and you eventually receive the "thing" you hand it over to the FORWARD buyer because they own it.
I think Ronald Brown understood that expected carbon credits could be used in advance to offset carbon liabiities , I know I did , and therefore Woodbois would make a fortune NOW for credits which will be issued in 4 yrs+ time. It sounded too good to be true and so it seems to be!
Con man BROWN took down his article so I believe he made a genuine mistake - BUT IT IS BACK AND NOW IT IS DOWNRIGHT LIES - LISTEN TO THE LINK ABOVE.