Good find and was slightly concerning for me on first read we might lose some take on the REDD project.
Just checked the slides from the last preso
''Profits from the sale of Carbon Credits are split 50:50 with IVZ and the Forestry Commission ofZimbabwe (FCZ)''
http://www.forestry.co.zw/
''Forestry Commission (FC) is a parastatal under the Ministry of Environment, Climate, Tourism and Hospitality Industry''
Hopefully this satisfies the ''half of all carbon-credit program money will henceforth go to the government'' mentioned in the article.
Either way we won't know until we get more information from the company. The SPP prospectus dated 3rd May said we were spending 500k on Ngamo-Gwayi-Sikumi Project development so I'd expect an update in coming months.
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