With many of our forest investments approaching harvesting age, this question is naturally on the minds of our investors because it is an indication of when to expect investment returns.

Until a forest’s indicative Harvest Plan is confirmed with the investors, the harvest dates reported each year in the investment’s annual Financial Report will reflect the harvest dates included in the original Prospectus.

The reality is that the combination of predicted log volumes, infrastructure (like public road capacity and log storage) plus contractor availability, means that harvesting our investors’ forests is likely to begin a little earlier and finish a little later than originally forecast.