Ann: Appendix 4C - quarterly, page-12

PPY have ALWAYS been very clever (and intentional) with the wording they use in releases, to create IMPRESSIONS of capability and capacity (incl. creative and  manipulated photos, media etc.) , without ever quantifying what has been achieved, and thus being held to account.  RA is a genius at this, and has been,  ... right from the get-go. His numerous Govt grants testify to this skill.

For example, on 22/2 the

ASX announcement ​

"recent developments in Egypt"  claimed "the production is functioning as planned and the factory is now buying 30 tonnes of raw BTT material every day".

This, naturally, creates the expectation the JV have (to date) purchased and processed 1,560Tonnes of raw BTT material !!! ... so where has it gone ? ... has it all been processed/sold ?  .. or processed and then given away for (seemingly never ending) trials

Nothing ever gets explained in terms of ACTUAL quantifiable achievement.

Smoke and mirrors, my friends ...... smoke and mirrors.
And so it continues.