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0.4¢ foresta group holdings limited

Ann: Application for quotation of securities - LER, page-4

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caspex

852 Posts.

74

06/01/23

14:34

Post #: 65564283
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Originally posted by caspex: ↑

The directors need to take advantage of every incentive available for the NZ operation to get underway.
Recently noted that a local peak load power station is keen to part convert away from coal to wood pellets so there is one outlet for the waste stream.
Also they could get at least $80 for carbon credits if converted to biochar end product.
That also gives the potential to ‘forward sell’ credits so as to access cash right now.
Lots of opportunities!
Getting close to a ‘buy’ from ‘hold’ for me.

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https://www.newsroom.co.nz/genesis-imports-us-wood-pellets-to-fuel-huntly-renewable-energy-trial
Potential competition or customer?

LER Price at posting: 2.2¢ Sentiment: Hold Disclosure: Held
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