GPP Management:
What GPP management achieved last two years?
OHD Project:
Achievement: NIL
Progress: Backward
Cost: Spent huge amount of time and $$$ without results
What is OHD: Oxidative Hydrothermal Dissolution (OHD) is a New Coal Conversion Technology:
OHD Process development research has been done independently in USA and Monash University.
OHD process/technology fundamental of Chemical Engineering principles. It is proven technology and process. This process is an entirely novel approach to convert coal directly into chemicals using only water and oxygen. The process does not go through the usual gasification (syngas) route or use expensive or proprietary solvents or catalysts.
It is liquor extraction from any type of Coal (IN GPP case from Brown Coal, because it is cheap)
GPP contribution for technology development: NIL
OHD process addresses coal waste utilisation via OHD process and the implications for both environmental and economic impacts.
What trial and test completed by GPP: NIL so far. Lack of Calcium (What a joke!). How many wither and summer we need to wait for trial???
PDU Design: it is already designed in USA, What GPP did for manufacturing this unit: Nil
Is PDU can manufacturing in Australia or China? Most definitely
OHD projects mismanaged by GPP management and now they postponed everything for next year!!.
Where is OHD Marketing document?
It is obvious GPP management have no idea about the OHD process and technology. They conducted trial without procedure and supervision and everything went wrong!
Communication: All announcement has negative impact on GPP sp. Why? Because they have not idea how they can prepare and release professional announcement to the market and shareholders.
What GPP management contribute to share holders investment so far?
GPP management should apologise to share holders and hand over their resignation.
The reality is nothing wrong with OHD and Morabisi projects. These projects are still viable, they can be profitable if they can manage correctly.
Who can do this sort of mistakes/miscommunication/mismanagement?
Incompetent and irresponsible management. imo
I would like to share one of my recent post regarding incompetency of GPP Management. What GPP self serving management did last two years for GPP shareholders?
We do not need any stronger evidence about GPP management failure than GPP share price. 0.007c!!!! This SP is clear evidence for GPP performance. I hope not, but most likely SP will be much worst after CR.
What a big stuffed up so far. imo
GPP Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held