Woodbois Share Price (WBI)

Nice find Brad. It looks like Total Energies's model is similar to ours (though ten times bigger!). Having said that, our modus operandi fits in very nicely with what Lee White says about selective logging ultimately capturing more carbon. I am hopeful that we will continue to maintain excellent relations with the Gabonese government.
As a side note, I see that Gabon have started promoting themselves as an eco tourist destination. As a keen birdwatcher, I am tempted though the prices of the trips I have found so far are eye watering. Maybe one day I'll sell my holding and visit the place!

https://www.bloomberg.com/news/articles/2022-06-30/gabon-plans-world-s-biggest-ever-issuance-of-carbon-credits

The article does not clarify for me what the policy is but it seems to agree with Paul's statement that credits go the Govts for existing forests.

Central African Forest Initiative, which is backed by a number of mostly European governments, last year, was being touted as Norway. Nothing is as straight forward as I would like it to be currently. Suriname has appeared out of the blue too!

dactions and Bradsmith, thank you. I know about the Aim market's unreliability, but just asked for views because no matter how long an lse member I am company specific views from those who hold that share is always valuable. I'm always looking for new potential shares, EZJ another I added to my Watchlist because I already own IAG which is a LTH at this point !! Thank you again.

Jay I cannot talk about TLOU on here, I hope you understand.

Clued , I have read Dactions reaction and concur , but regarding the carbon credits , with a deadline of 2050 for carbon neutrality - that market is going to be stronger day by day as more companies need to buy carbon credits. The price , according to Paul Dolan, was $10 per credit on the voluntary market, is expected to reach $60 if it has not already, and to keep on climbing!

The market looks safe unless there is a change of heart globally or someone invents a CO2 to Bacardi converter for every household.

WBI policy is complicated. I am unsure if anyone knows where it is going?
Currently Paul has ruled out earning credits from the 1m acres , and Woodbois cannot afford to buy plots that are devoid of trees. £100m was mentioned but he hopes people with that money will buy land and employ WBI to manage it for them.

The t&c of those management contracts will give a clue as how profitable carbon credits might be. I guess WBI need to make enough to buy their on plots because they will earn carbon credits. The alternative is make enough from timber to fund plots.

Personally, I find it hard to accept that Gabon iteself will take everyy credit due from WBI's acreage. If there are deforested areas due to now illegal timber production , I cannot see why WBI cannot reforest them , especially if they change the variety of trees, and claim credits for the new saplings?

I guess Gabon could claim natural reforestation was suppressed by the new trees, but is that not true of the vacant plots if they are left for long enough e.g. decades or centuries?

I said it is complicated, but if you go up to East Anglia , it will all come out in the wash.
As Dactions said!

Clued - you've been an LSE member long enough to know no one can honestly answer your question "Case in favour of investing here". We're all chasing big share price uplifts when it comes to the Aim market but the negative is that this market is full of Companies giving scant information to shareholders once they've received the initial funds.

There is though one big factor in favour of Woodbois and that is their discipline in regular and timely updates. We can expect news of 2nd quarter results by mid July if not earlier. Here's what I wrote recently:
"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 Francophone country, has applied to join the Commonwealth !"

All the best.