RE:LeadershipMexiurl wrote: Holy Jeepers, the CEO pulled a page out of the manual for gutless actors, Friday late afternoon presser. But don't be alarmed, he looks forward to communicating with the bag holders in April. Worst CEO but longest serving millenial....getting by on fumes of desperation and something about rocks absorbing carbon. Unfortunately, the environmental alarmists will be getting replaced this election cycle...it all went wrong when, with a shortage of courage and determination, the flooding cancelled firm orders. If you know anything about the charachter and durability of farmers, which the CEO likely does not, it basically means they aren't gonna help sace the planet with a bulky product that had its shot and failed
Still grinding that ax i see... Are you just a jaded bag holder or did you take your tax loss lumps and are just back to troll? Standard protocol to drop a Friday after market NR when full year sales come in at about half of the low end 23 guidance. If you read up on the Brazilian Ag sector, which has been hemorrhaging for well over a year, you'd be in a far better position to understand and contextualize the challenges Verde is facing instead of just taking the lazy lay up and bashing the ceo. I've certainly been critical of Cris's operational mistakes this past year but it's because he obstinately wore too many hats for far too long. In 2H 23 we saw much needed structural change to the business, which bodes well for future growth.
In terms of carbon credit monetization, you might want to school yourself on the burgeoning players in the industry and the lucrative deals already closed. From my reading this is a growing global initiative that will continue to adjust regulatory priorities in favor of ERW projects (amongst other initiatives). Verde has a very viable shot at selling their accrued CORC's this year in the $150 - $250 USD range, with the potential to actually cover the entire net loss for 2023.