GPP 0.00% 0.1¢ greenpower energy limited

Ann: Turesi Prospect Progress Report, page-35

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  1. 4,294 Posts.
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    I guess GPP management have decided to stop letting their shareholders know when pulps have arrived at the lab in Perth as they proceeded to do in the following announcements in regards to holes 1 & 2.

    GPP's announcement in regards to samples arriving at the lab in Perth
    Hole 1 pulps arrived at the lab on the 12th May
    https://www.asx.com.au/asxpdf/20180514/pdf/43tzs7yq262t6d.pdf
    Hole 2 pulps arrived at the lab on the 20th May
    https://www.asx.com.au/asxpdf/20180521/pdf/43v568xzfnmp85.pdf
    Hole 3 pulps arrived at the lab on the "undisclosed date"

    As hole 3 wasn't mentioned in any announcements as arriving at Perth, we can safely assume that is was some time after the 20th May. We could also safely assume that it would be at least 7 days (time difference between pulps from hole 1 and hole 2 being prepared in Georgetown and arriving at Perth) so (guessing) hole 3 pulps arrived on the 28th May, and we have results already (9days) makes the curiosity piqued.

    My understanding is the pulps are tested and as soon as data is available it gets sent to the company, with this in mind has the company stock piled results and then released them altogether considering the time differences of the pulps arriving in Perth.
    I thought the intent of sampling being sent when each hole was completed would provide a continuous news flow rather than batches of.......

    Conspiracy theory "did GPP have the hole 1 results back from the labs" prior to the EGM as the sample arrived at the lab in Perth 12 days prior to it? Adds to the previous questions raised as to when in May were they informed of the botched OHD trials......

    So to actually answer your question, they only people that would know is GPP's management if more pulps have arrived at the lab, or if there is any assays pending in the short term / prior to EOFY.
    Holes 1 - 3 completed and reported
    Holes 4 - 9, cores cut and in Georgetown - at what stage of the process, again only management will know.

    cheers
    All IMO only
    Last edited by fooca: 13/06/18
 
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