GPP 0.00% 0.1¢ greenpower energy limited

Nothing to do with the drilling thread, and what was negative?...

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  1. 4,294 Posts.
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    Nothing to do with the drilling thread, and what was negative?

    Its a reflection of the management, their performance and the way the treat shareholders.
    You may have brought into the hype of the rampers and the Lithium, I brought into GPP for the OHD on the back of the company's announcements, others brought in for the SOP.

    Remember words of our leader:
    "The OHD project is a major value driver for all shareholders ............"
    This cute little statement was 8 months ago, judging by the recent quarterly announcement that value is a long way from fruition as is the amount of oil they need for broad acre field trials using the inefficient method of sending coal to USA putting it through an often broken down machine and waiting for it to return as an oil.
    Also remember the words of the GPP cheer leaders and the constant ramping of the "3 Bazookas" , the company want to take on all these projects in the hope one of them will bear fruit, but fail dismally when trying to manage them, but there is the historical pattern of them chasing rainbows.

    So yes I am a little negative with their OHD performance, the inconsistent announcements, the announcements that are full of content that have never borne results, the announcements that are full of fluff, the continued setbacks and not meeting timelines, as a matter of fact they are not meeting anything with the OHD, wasting shareholders capital on consultants that appear to have achieved very little or nothing.
    I mean how long ago did the company indicate that the PFS will be released???
    Want a clue? It was supposed to have been released before the end of the year, the year 2016 that is.

    Or are you agreeing managements performance is negative??

    Even if we get an announcement on Hole 2 before the lab gets the sample, or do we wait the few weeks it will take for the result of Hole 1 maybe?

    Great amounts of Lithium will change the company but it will not change management..

    Yes we are drilling but it is ok for a poster to bring to the thread an explanation of Origins gas potential in the NT because we have mineral rights over tenements there but that suits your sentiment?
    https://hotcopper.com.au/threads/nt-fracking.4138241/page-16?post_id=32525308#.Wt0FsNOuxm8
    It will be a long time before any drilling is done in the NT (IMO)

    Feel free to discuss anything in the post that is not correct and I will make a correction......
    Truth is a difficult thing to fathom when you don't want to hear it.

    All the above IMO only
    PS And seriously, my posting on the GPP thread will not alter the course of the share price
    Last edited by fooca: 23/04/18
 
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