MCL 4.69% 33.5¢ mighty craft limited

meeting, page-8

  1. 390 Posts.
    G'day Belombre...C/Planet focus mainly on rainforests.That
    is those under threat.
    There are several levels of testing to see how much carbon
    they may hold.
    The more intensive the testing, the higher the ranking
    goes for that particular area.
    Those forests tested this way(the hard way)attract a higher
    premium, meaning the credits are worth more as the forest
    has been tested to the hilt and found to be a bigger carbon
    sink than say basic woodland or my front garden...lol.

    Whoever worked all this out must've surely been on drugs.
    Such a bizzarre concept, but if it means we can retain
    rainforest rather than log it or clear it so Mcdonalds
    can grow they're 1/4 pounders by the gazillion..then
    i think it's a good thing, and aside from that, the people
    who live there get to stay and are paid for looking
    after it, then they can look after themselves.

    I'm recapping approx what i heard at the meeting, so if
    anyone reading this has a better take on it i'd be keen
    to hear.
    It certainly is a mind *%#@ trying to fathom it.


    Cheers.....polski
 
watchlist Created with Sketch. Add MCL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.