The "proposed" new board doesn't take effect until
after final diligence and
shareholder approval.
I personally think that there is/will be a lot of shareholders pretty much feeling the same way with the "enticing" and "glossed up" announcements that GPP have been releasing to the market over the years comparing their projects to successful companies or areas, the latest announcement is no different with the addition of this:
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Probably something to look forward to:
GPP completes
70% Ownership of the Lincoln Spring Project
which could/maybe/sorta rival the Sconi project.
The premise of the last "placement" was "the capital raised will be used to fund the exploration activities including phase 1 of the Kopang project once approval of the PGGS licence is granted. The placement also allows Greenpower to utilise current funds to continue the Morabisi program and undertake a strategic review of the OHD project."
https://www.asx.com.au/asxpdf/20180606/pdf/43vl2rbx2x0nsm.pdf
As previously posted on Kopang:
Considering that Guyana actively encourages Foreign Direct Investment as being critical to its economical development
https://www.state.gov/e/eb/rls/othr/ics/2015/241583.htm I can only assume as this management team are "proactive" they are in constant communications with / or we have one of our team in the office of the Resource Minister ascertaining what the delays are.
Although this was from the announcement 8th November, must be some signature:
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https://www.asx.com.au/asxpdf/20171108/pdf/43p1p42pb1pvz1.pdf
Feeling like we are playing roles in a scene of Maxwell Smart, with agent 86 and the chief dropping the cone of silence down to discuss, I dunno, maybe the weather?
No updates on Turesi, No assay results - do we go or do we stay??
No advised outcome on the HRL OHD review, are we ordering long lead time items for the PDU?
Or are we just searching through catalogues looking for a larger couch!!!
All IMO only
cheers
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