GPP 0.00% 0.1¢ greenpower energy limited

Rig at Site Lithium Drilling Turesi, page-27

  1. 1,258 Posts.
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    I find it strange that hc threads are bombarded with NEGATIVE posts over the long weekend
    Remember why Turesi as King said a few times he sees this derisked and a lithium drilling campaign is the way to go remember:

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    Also the camp preparations and previous works at site would have required machineries that tells us access is getting sorted out

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    This is been a long wait but eventually will be back on the table
    http://www.greenpowerenergy.com.au/wp-content/uploads/2017/06/OHD-Brochure-20.05.14.pdf


    http://thermaquatica.com/process-development-unit-pdu/

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    For now let’s just focus on:
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    the company has just announced that:

    •29th March: change of SPP 2 days later “4 April 2018 to allow for the Easter period.

    GPP is very pleased with the uptake to date, the initial target has been reached and the Company is now accepting oversubscriptions.


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    •12th March: Capital raised from the Placement and SPP will be used to advance the Turesi Ridge drilling campaign at the Morabisi Lithium project, ensure the existing portfolio of assets is kept in good standing and to augment working capital.

    https://www.asx.com.au/asxpdf/20180314/pdf/43sf31np2vcd8d.pdf

    •23rd March: On 19 January 2018 Greenpower provided the market with an exploration update relating to the Turesi Lithium prospect and associated drilling. Greenpower has been advised by its partner GSM that the drilling rig is in Georgetown, Guyana and that it will be moved to the drill site over the next two weeks. Greenpower will advise shareholders once the rig is onsite and drilling has commenced. GSM have advised that the Company’s excavator was mobilized last week and has been patching the road where necessary in order to bring the drill rig through.

    https://www.asx.com.au/asxpdf/20180320/pdf/43slcy94s9hnn9.pdf

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    I have that many reasons to be comfortable about this investment I will continue to ignore the noise and look ahead
    • cash position it’s good CR just about dusted will be announced this week
    •Lithium from samples up to 2.2
    •Rig was in Georgetown 2 weeks ago and expected at site now I would be pleased to see an announcement confirming this over the next few days

    Have a great April team
 
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