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22/10/18
16:07
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Originally posted by fooca
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"At the OHD part of the business I also suggested him that GPP should not invest its shareholders money to OHD business even though the OHD project has a great potential. Instead, GPP should find an investor partner. There are very large companies in Malaysia, Indonesia, Singapore, or in China who have large footprints in agricultural business. GPP can get contact with these companies and convince them to make investment in OHD project."
"I can now see that they are in the same path as they say on this anns: "Currently Greenpower is engaging with leading agribusiness groups with whom to partner with and to take this business forward into commercialisation... We are confident that the appropriately identified partner, once selected, will have the expertise to complete the journey and Greenpower will reap benefit"
Seriously, are you inferring because you made a suggestion to McLean, the company is now on the same path as you?
As there has been a total lack of communications in regards to the OHD project, how could anyone (other than the directors/consultants/accountants/advisors/tea lady) know what path we (shareholders) are on?
Or did you mean the same path as previous announcements:
15th February 2017 announcement - Successful OHD cereal crop trials
- whereas "The Company has fielded approaches by offshore and national grower groups seeking off-take and partnering opportunities "
- What happened to the planned "Canola & Palm" oil trials that were requested by "international parties "?
After 3 failed attempts to get Government funding for the OHD project, how would envisage that GPP could convince anyone to make an investment in this project or in GPP ?
One of the biggest hurdles to get "funding" or a "partner" will be GPP have failed to demonstrate that the Bio-Stimulant Oils work re: failed Monash trials with no announcement if the failures were only the most recent trial, or it was all the trials to date having been affected. GPP also haven't progressed to any "commercial" scale trials with the broad acre field trials being abandoned, as well as they haven't been able to prove a commercial size plant would be / is viable and the PDU has had validity issues (have they been rectified?)
GPP have spent approximately $5M of share holders funds and over 5 years progressing the OHD project, at what point will the share holders be reaping the benefits if it was partially sold off and we only had 50% interest? 5 years? 10 years? 15 years?
"I now believe they rushed the exploration program and drilled the Morabisi without making an airborne magnetic survey which could identify the locations of pegmatites" .
I actually find this sentence quite staggering!
Can you explain how you come to the "above" assumptions as you previously quite freely posted that -
Yes "GPP are about to make an extraordinary Lithium discovery". I am not telling this now. I told everyone on Oct. 6 2016 when the sp was only 0.5c that Morabisi project could be a giant one. Now I am pretty sure. That's the result of my own research and the information we have received through the announcements.
You shouldn't only rely on the samples and pending results. There are many other things which confirms that Morabisi is pregnant to huge LCT pegmatites".
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Great post @focca.
l have learnt, you can not believe what is said in asx announcements with this co.
They are very good at exaggerating and hyping the momment.
l can not trust them anymore, must see to believe.