To those whom are upset about the term "precious" I am sorry.
My point is that MIS investors are not understanding the practical situation and are totally focussed on the uncertainty of change.
A woodlot/plantation on someone else's land poses some interesting potential outcomes. Especially if the land is used as security for borrowings and a superior interest is held by someone else.
Whilst I have not looked into the directors to any extent I would have thought as a shareholder you have more say over who performs that task than if you are an investor in a MIS managed by that board.
I must admit I understand your angst but better to be a part of an entity that has a longterm future rather than taking your chances in a world totally uncertain. A world where any equity in an interest may be eroded by legal action over priority, access or ongoing legal liability.
GTP Price at posting:
22.5¢ Sentiment: LT Buy Disclosure: Held