GPP 0.00% 0.1¢ greenpower energy limited

Now that I have answered your questions, maybe you can answer...

  1. 4,294 Posts.
    lightbulb Created with Sketch. 511
    Now that I have answered your questions, maybe you can answer some of mine.....

    Considering the amount of time you spent relentless posting on GPP threads previously, the amount of research that you provided (quite frankly some of it was brilliant) how could your predictions or statements be so wrong?

    Can you explain these statements?
    "Briefly, I don't think OHD would need any funding (remember the offtake and partnership agreement opportunities)." Post 22897070
    There has been no off take or partnering agreements, and the company has now deferred the broad acre field trials pending the outcome of government funding. Sorry but you are incorrect.

    https://www.asx.com.au/asxpdf/20180420/pdf/43tcbkrg9cqnlh.pdf
    Its obviously clear, that to progress the OHD project funding is vital.

    The following is from your post 21 Jan 2017 Post #22147031

    "Phase 1 has already begun which requires that GPP must spend $200 on the project in 6 months. That'll easily happen in next two months.
    Commencement of Phase 1 Activities at Morabisi - 3rd Feb 2017 - 13 days after you said it had started
    https://www.asx.com.au/asxpdf/20170203/pdf/43frjv4nqvzzy7.pdf
    Morabisi Project Update - Phase 1 Activities Completed - 3 months
    https://www.asx.com.au/asxpdf/20170501/pdf/43hxddzkqpmm5r.pdf

    "Let's not forget, the projects will be fast tracked.
    I think Phase-2 will be about the first round drilling (10mk to 20km in total) and assays by spending $1m. That might start in March-April and could be completed until May before the wet season starts"

    This is completely wrong on many accounts:
    1) There was no drilling in Phase 2 - "Trenching Programmes will be carried out .............
    Morabisi Phase II - Lithium Field Activities to Commence in August
    https://www.asx.com.au/asxpdf/20170728/pdf/43ky5rgc04d04l.pdf
    2) The amount of spending was $500,ooo not $1M
    https://www.asx.com.au/asxpdf/20160920/pdf/43b9lfnjv23ljn.pdf
    3) Although the drilling wasn't scheduled until Phase III - your estimation of drilling was incorrect -
    10mK = 5 X wrong and 20mK = 10 X wrong as per the drilling announcement
    https://www.asx.com.au/asxpdf/20180221/pdf/43rrc40d609x33.pdf
    4) Phase II (Trenching) started in August and not March-April as you estimated,
    https://www.asx.com.au/asxpdf/20170825/pdf/43lqnf2l90w51d.pdf
    and was completed in December making your projection of May a long way off the mark.
    https://www.asx.com.au/asxpdf/20171211/pdf/43q1l869s77rhc.pdf
    5) Programs will be fast tracked?
    The date of your post was the 21st January 2017, the drilling campaign started 14th April 2018 - 15 months later.
    https://www.asx.com.au/asxpdf/20180416/pdf/43t70qm8m5x039.pdf

    cheers
 
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