PPY 0.00% 1.3¢ papyrus australia limited

Ann: AGM Presentation , page-16

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  1. 118 Posts.
    lightbulb Created with Sketch. 6
    and whilst on the theme of entertainment and pre-prepared announcements to explain away bad news, delays and failures, ... (& always other peoples failures, never PPY's incompetance)... I wonder what "jem" has been pre-prepared to explain the delay of delivery of machines to Egypt.

    Ref announcement 26 July 2011 regarding the establismment of Papyrus Egypt
    "..... In preparation for the transaction with Papyrus Egypt, the company has commisssioned the fabrication of 2 base assemblies for banana veneering units ("BVU's")which are now ready for "acceptance testing", and after installation of blade assemblies, and control systems are expected to be delivered by 31 Dec 2011 ..."


    They've had 5 months to make it happen. !!
    Could this mob, even organise a chook raffle without stuffing it up ???
 
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