GPP 0.00% 0.1¢ greenpower energy limited

He is still on board. So it looks more like blindfolding the SH...

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  1. 624 Posts.
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    He is still on board. So it looks more like blindfolding the SH to me.

    On the face cobalt play in Australia looks good but it still is not confirmed and also the cost and dilution to come if it becomes Turesi V2.0 is too high. 3+% cobalt is really good but how much do GPP have it at that - one rock or there is something of value out there.

    IMO only, had GPP been serious regarding cobal, they would have done something with Kopang either before or along with the new project. Especially when they already have funds earmarked for that. But failure to do that makes me wonder-
    if Kopang was/is a hogwash signed to keep the inflow of funds?
    if the Lincoln project is another
    if GK stepping down and new diretors coming in, another attempt to fool helpless mum and dad investors.

    And we have to bear in mind the dilution wont be limited to what we are paying now, but , if GPP goes ahead with the contract, they will have to do another round of CR and freebies(will it be .2 c this time) as they do not have any funds allocated for it. SH now have two more (direct) mouth to feed.
 
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