GPP 0.00% 0.1¢ greenpower energy limited

Ann: RJIP Grant Application Notification, page-20

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,289 Posts.
    lightbulb Created with Sketch. 2939
    No offence, the only way OHD is going to get funded without significant dillution is through Turesi bringing home the bacon and a SP spike occurs (to do another CR) or part of Turesi is subsequently sold off to fund OHD (after this drilling campaign which is not my preference if results are good).

    The thing I get from the announcement is they 'intend' to progress, so 'intend' is different to 'will' and I suggest that OHD will now be put on the back burner for some time (which means without a a govt grant OHD funding will become tied to what Morabisi brings home IMO given the last CR was mainly about drilling at Morabisi). I could be wrong if the tomato trials are good, but with the lack of financing interest after the wheat and other Anns realting to OHD trial results I am not expecting that much there again. Obviously building a PDU is critical to fast tracking the 'trials work' for OHD so this is becoming a viscous circle of exponential delay relating to OHD without funding.

    All IMO
 
watchlist Created with Sketch. Add GPP (ASX) to my watchlist

Currently unlisted public company.

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