RE: FOCUS ON THE FACTS3 Jul 2025 20:28
Y'all have said your piece on the fearmongering side of things. Conversely, let's look at some reasons to be optimistic.
1) Roberts and Shackleton worked tirelessly and are both now significant personal shareholders. The company secured a great new NOMAD and was reinstated to AIM.
2) company managed to raise £2.5m recently in share subscription. No one is investing that kind of money without proper due dilligence and confidence/reassurances.
3) bgfi bank have already been paid 150k and terms have been agreed until end of 2026.
4) Nykredit too are incentivised for Woodbois to continue and be a success. If woodbois goes bankrupt then Nykredit face the same result as shareholders - a near total loss of value. Nykredit accepted delayed payment timeline because of this. Both bgfi and Nykredit WANT woodbois to succeed. Woodbois succeeding = banks getting paid. Whether this takes 1 year or 5 years is immaterial as long as they get their money back in this situation.
5) Recent RNS alluded to new strong board members undergoing due diligence: Joanna Cortez, edworthy and cobus Van Der Merwe. I agree it's slightly alarming that these appointments have not been officially confirmed on Companies house just yet. Due dilligence is usually faster than this.
6) there still exists a significant workforce and operation in Gabon. Woodbois' forestry concessions in Gabon are a larger geographical area than the whole of greater London.
7) Most importantly: at its core, the fundamentals of the business model should mean this is a very strong, eco-sustainable and profitable company. The reason we are in a mess to begin with is because of heinously incompetent previous management. The new regime seek to correct this.
In short. Debts deferred + new board + funds in bank + lots of human and geographical assets.
How a practical question. When (or if) do you predict trading will resume? Anyone have anything tangible to add? Any online research/Gabonese media articles etc?
Looking for constructive tangibles and not barb trading.
Do your own research. Good luck all.
Just imagine the excitement if we see an RNS drop sometimes soon entitled "woodbois reinstatement if trading", "woodbois 2024 audited accounts", "woodbois new board announcements". The current 0.03 levels will long be in the rearview mirror.
Many thanks