GPP 0.00% 0.1¢ greenpower energy limited

GPP, page-19

  1. 6,289 Posts.
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    Don't recall if it was me talking about infrastructure but obviously a greenfields site and infrastructure at Morabisi makes exploration difficult. Having said that I wouldn't want them now exploring for Li in the new location as they are stream samples and basically would require more time, and regardless of what the Ann says they have defined an area now at Morabisi for Li and REE as I posted earlier today

    Earlier today I also stated that they should be looking for cobalt and that means targetting the area where the stream samples showed copper, nickel or manganese. Here is an interesting find on the link between manganese and cobalt btw - http://www.abc.net.au/news/rural/20...overy-hailed-as-significant-milestone/8323928

    An issue we need to resolve in the new area is whether the rock formations are laterites or sulphides, as sulphides are easier to mine btw (and I say this because on the nickel front they do talk laterite deposits albeit the technology has really progressed there in mining laterites but they do require quite a lot of power to extract nickel and cobalt from that ore given the locations they are talking about where Ni was recorded). I talked about this in another stock if interested - see Post #: 28086180: .

    On timelines this was my latest thinking on that issue btw - the earlier moves to mandating EVs IMO has probably allowed GPP the opportunity to now define its JORC in 2019 or 2020 (i.e. they have bought an additional year or two IMO): Post #: 28373376

    I was fortunate enough on AVZ - sold most of my holding there the other day and really happy - probably why I got smashed yesterday as will help me and family out for a few years now, very happy. I hope everyone gets that same luck, and hope it is this one btw for everyone invested here.

    People have to trust there own research and make there own decisions. I am thinking of buying a few more GPP now, no many, but right now to blunt I really think they need to focus on some drilling at Morabisi, do the REE results and if they want to play with the new tenements explore in the areas where manganese, nickel and copper has been reported. If they have access to the samples where the reported results came from in today's Ann they should test them for cobalt IMO. While it is up to people to make there own decisions, for me I want to see some more focus on progress before investing more and for the new tenements I want to get a better understanding of where they intend exploring.

    All IMO
 
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