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Smokie / WelshFalcon on the face of it , seems a logical thing to do but it's now been proved that the ratio of saved lives is greatest in the older population. I think for every Care Home resident or over 80 person you save a life in a modest number of similar patients (may be as high 1 in 20) whereas the younger you go it will be one life saved for thousands of individuals vaccinated.

So it doesn't make sense economically to vaccinate the youngest first.

I think the immediate reaction to today's RNS from the few comments on this BB is too negative by half. Without getting too technical in response - the RNS has all the detail - here's why I think we can feel more positive and that the share at current prices will seem to be a great investment opportunity:

- They've declared that 2020 is likely to be $15,000,000 turnover and they have said that they are likely to be on target for 2021 of $30,000,000 and will be cash-flow positive for the year ahead and are forecasting a profit.
- They have excellent hardwood concessions, and the bulk of their current business is in Gabon which has a stable and respected government. They operate on a sustainable forestry basis and are noted for their staff welfare.
- They are providing, and have committed to continuing, quarterly trading reports published very close to quarter end. We will be able to quickly discern if the BOD's confidence is misplaced or not.
- They are attracting high calibre staff and where share options have been given, share dilution is well protected by very demanding performance targets.
- They've recognised the high net worth of veneer production and by year end will have doubled output so they are following the clearly laid-out management plans expressed at the placing last August.
- They've done their first shipment to the US which is a massive importer of high-end hardwoods. The whole lumber market has base prices that have doubled in most cases over the last 2 years - this has to one of the principal reasons why, now that they are finally focused on a single industry, Woodbois, short of corruption or total mismanagement, will achieve massive profits quarter by quarter.
- My one concern is the report of such a large $2m theft from Ivory Coast - they say that has only just come to light in the last few days (report says: post period end). So we can expect to hear more of that in the coming weeks.
- Recognising the massively negative impact Covid-19 has done to most UK business, Woodbois looks like it has managed the impact well and this and the other points above is why I think the future looks promising and why I will continue to hold the shares.

nlondon1234 - That's good to know - thank you

Thanks Nlondon1234 for update - where do we stand with our MHC ?

Lurker - great effort - but thank goodness you simmered down before you wrote it :-)

Lead researcher Prof Anthony Gordon, from Imperial College London, said: "For every 12 patients you treat with these drugs you would expect to save a life. It's a big effect"

I heard BBC 6pm news and held my breath - thank goodness it wasn't SNG with those odds - I'm expecting a better ratio than that !

The newscaster went on to say the cost was a £1000 a patient - so that's a whopping £12000 and it's approved - no wonder RM feels $3,000 is possible !

Not to worry Anon - one can never get it right as you already know - but you achieved well to give yourself a free ride with some remaining Opti shares.

Good luck.

Yes - Getinthere - the RNS is showing the total voting rights and that the shareholder's holding is now below 5% of that figure.

Anon 3 - what does your post mean - or is it meant for another BB ?

I think the Jury's out who is a ramper or de-ramper on this BB and it's not helpful when we tear each other apart.

What is true that an awful lot of people are losing on Opti no matter how much SoH might tell you otherwise. Profit is what is wanted now, not forever talking about contracts this and that. I had to trawl through several pages of RNS (Opti must hold the record for them) to remind myself that Neil Davidson (Chairman) bought 103,000 shares 30 July 2018 at 98.6p and he already had held 375,000. Then Non-Exec director Sean Christie's wife bought 125,000 @ 80p 10 Oct 2018. Both men bought a further 25,000 each in the recent 40p placing.

Interestingly, SoH bought 62,500 shares in that 40p placing.

I've spoken with SoH several times over the years and he tells a good story but the fact remains we still don't have any profits.

SoH - you've convinced your Directors and you convinced me years ago, but it's really got to be time to start showing us what this business is capable of - don't you think ?

another green box

another green box

Thanks Phil - I hadn't seen this before - my immediate take on it is that it's the first time over past years that we've been shown a clearer pathway to commercialisation and monetising the assets of the Co.

I understood from the RNS that approval was for starting January - does anyone have anything more news ? The way the Covid news is going at the moment, I can see the liklihood of needing these tests before flying for quite a few months to mid Summer.

So that will be a lot of revenue for the industry but public sentiment will fix on the tester that's more reliable not necessarily cheaper - I can see the Sunday Papers features section soon starting to publicise the good and the bad.

Best to filter him/her

Chester - you're right of course with Woodford - we did all assume he had better knowledge of what was going on at RENE. Yes, I'm optimistic too - it's just the long term that seems never ending. But as you say there is the news on RP - Ph2a Trial . . . if only we knew when. . .

Good luck Chester

Thanks RF68 - it's always good to have another view.

RF68 - is there money to be made in VOG at its current level or could they go bust at any time without ENEO paying up ? Like just about everyone I guess that's been in VOG, I've lost heavily.

Is there a chance that a shareholder could come good at these low levels ?

Hi Chester - I thought I was the last one left on this BB who remembered the pre-consolidation shares. It was shares like RENE that did it in for Woodford subscribing as he did a massive stake at the equivalent of £5 a share. Unfortunately, I did too - my highest was £5.25, with more at £3 and £2 - there was nothing left in my piggy-bank to buy anymore at the recent 70p.

RENE really has the science to be so successful but like so many shares on AIM, it pays to come into the shares late rather than be one of the first :-(

Are you taking the **** dactions or is this a serious post?

Put me right then JoeyDiamond with something constructive - rather than a cheap one-liner.