Ann: Acquisition Update, page-12

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17/08/18

13:04

Post #: 34995449
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Originally posted by tuts ↑

All of that is just ideal!!! However looking at the history, GPP has failed to deliver on promises, not just project-wise, but msnagement-wise PARTICULARLY communication.

The ball has been in their corner to turn things around beyond empty/fooling promises but they are yet to do ANYTHING. Example: they had the opportunity with the last quarterly report to provide the info on status of OHD to help with many OBVIOUS questions. It is clear that they BADLY failed to do so when they HAD the opportunity. So, they ignored the opportunity, and with it, once again, they ignored us.

Please don't tell me whether concerns had been communicated to them!!! Firstly I understand have been and secondly but MORE TO THE POINT, if they cannot see the obvious concerns for themselves, e.g. OHD concentration stuff up, delaying its announcement till - seemingly cleverly - after EGM (as two separate issues, technical and management communication) then I AM NOT GOING TO HUMILIATE MYSELF HAVING THEM DELIVER BS in to my ear or to my mailbox.

If they don't openly talk to shareholders (via proper and official channels which ASX/ASIC can easily reference, e.g. announcement, not a phone call or email) and don't show respect for shareholders, why should we give them more chances?!? THEY NEED TO ACT NOW AND WITH THEIR OWN INNICIATIVE TO GAIN AND EARN CONFIDENCE, not just be give (& CR) ... yet again!

SORRY, FOOL NO MORE!

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I completely agree. I had a similar experience and response from Matt over 1 year ago - yes, GPP is aware they need to communicate better and they will. Blah blah blah. I emailed them again recently to provide some info to the market on OHD - e.g have they ordered long lead items, what exactly are they doing?

Usual response I got - none.

GPP Price at posting: 0.5¢ Sentiment: None Disclosure: Held
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Ann: Acquisition Update, page-12

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