Didn't mention nor inferred you could/couldn't change your views, point was as you were positive GPP on HotCopper at the same time you were negative to it on "the bird" - a little contradictory one would think! Yes, at one point I was pro GPP, but then changed BUT wasn't positive and negative on the same day on different social media outlets .... just saying!
@Davy Boy has you pegged, there is only one reason you are on the GPP threads.
PS DB, I have known his intentions for a long time after being privy to emails he sent other HotCopper members ........
I would hate to remind you that you were happy when you contacted "Gerry" after the Lithium "Earn In" at Guyana, and that Gerry was UPBEAT, what would expect a salesman (McLean) : that has sold these tenements to a company desperate to maintain their lifestyles, that were passed over previously, that can only use proximate references to nearby companies actually say ....
(McLean) pssst cfp, these tenements are crap, no - one really wanted them but GPP was desperate to find a hot commodity to keep the dream alive..
When you spoke with him, (24th Sept) he was already in the acting CEO role, of course he was upbeat, he will pick up where King has left of, and do not delusion yourself, with King still on the board and the major shareholder he will be the deciding factor in decision making.
I will re-iterate that telephone conversations can be denied whereas anything sent via email cannot be and in his email, he did say to email and ask any questions, you want to be sweet talked on the phone, good for you, I prefer black and blue white, AND if he is as transparent as you previously suggested then there would be no reason he couldn't answer the questions, right? OR, should I only ask questions that would make him comfortable?
Hey Cameron,
Hows the weather?
Hows the family?
Is your office chair comfortable?
What are you doing on the weekend?
Great weather for a BBQ eh?
Rather than:
"I am keen to answer any questions or concerns that you may have."
To which I sent him some random questions before we get into the real nitty gritty, but as tuts suggested, the perfect replacement for the existing members of the board, no response......... MEH
1: How did you obtain my personal information re: email address?
2: You infer that the Cobalt projects boast some of the highest grades in Australia, but that is solely based on selective rock chip samples, which are highly concentrated and do not under any circumstance indicate what is beneath, only drilling will decide that. You really only need to read the GPP announcements when they released the “rock chip” sample results at Morabisi to understand why there is total scepticism in these results. If you have a look at the total amount of results that were published, it is only the 1 (sample 1811) that has any promise. Also bear in mind the fanfare and hype of the Morabisi samples and what the net result was of the drilling campaign.
Can you explain why Asburton was passed over by Newcrest and Peak Resources?
Julie Creek has had no work done on it and your promotion of it is solely on nearology!
3: With the change of strategy to go straight to a “Commercial Plant” rather than build our own PDU, do you envisage any problems getting enough bio-stimulant oil to progress the broad acre field trials of tomatoes and wheat, considering in previous GPP announcements the reasoning of building our own PDU was because it was not cost effective to transport coal to America, have Thermaquatica produce the oil and then send it back. Furthermore, there were production and technical issues of the PDU, as well as it was not exclusive to GPP’s use, so why has there been a change?
4: If the “proposed acquisition” is ratified by the shareholders, and King does indeed move to a non Executive director role, what added value will he be able to contribute as there will be 4 board members now, (without knowing what the “new” key appointment roles is, just a KMP or on the board as well?) Point that I am making is that we will have 4 board members (Yourself, King, Peters, Williams on board, Suttling and “new” person will make 6 staff) taking a salary, to what benefit will that be to the shareholders?
5: With yourself and Williams predominantly being in financials and as you have suggested you will have networks, to what point do you envisage that we will need more technical people (boots on ground types) employed?
6: With the dwindling “bank account” how do you see us paying for drilling campaigns considering drilling is more costly in Australia versus (for example) Guyana?
7: Timelines have already been pushed out to what was indicated in the “acquisition announcement” re: August (Lincoln Springs) detailed mapping and EM Survey and October - commence drilling but now it is before Christmas!!!
8: With the engagement of a highly regarded Lithium expert to review the Turesi drilling results, and the highly credentialed geologists that made up GSM, the previous continued engagement of Watts it appears now that they weren’t as good as the announcements made them out to be?
We are flogging a dead horse with more money being wasted on chasing the dream at Turesi!
9: You have failed to mention Kopang, and the Annual Financials also never mentioned Kopang as one of the core principle activities of GPP, has this been abandoned?
10: GPP have not been able to release a Commercial Plan for the OHD project, even though the company has been suggesting that it was almost completed 18 months ago. How do you think that without this or any broad acre fields trials, as well as the failed trial (mix up of bio-stimulant strength factors) we will be able to encourage financial partners?
11: Has there been any progress on the SOP projects?
12: As a proposed new managing director, what will you do to improve adhering to Corporate Governance by way of shareholder communications and keeping us informed.
cheers
