Ann: Greenpower - Corporate Update, page-81

I wouldn't mind much what Meerkat said and I'd prefer to focus on the projects and announcements guys. Meerkat is talking negatively since 2.3c, the sp has gone up 30% even though he says he is holding. I don't think there is any value to discuss what he said IMO.

Some guys are here said "OHD project is jewel in the crown". I can't disagree with this. My friend Process1 told me many times that he loves OHD more and more everyday after making more research about it. (He told me that he is probably the 10th largest holder currently he was told). He says this is a significant project on its own. He is even happy to help voluntarily to GPP management on this area. He is chemical, mineral, processing (principal) engineer with PhD in both academic and industrial levels. He is the one who examines and approves the engineers as a fellow member of Engineers Australia organisation. GPP can even use him as a competent person when needed.

The following was the key point of today's anns as @apkjm and @ans25 said at the same time;

"Discussions with the preferred infrastructure provider in the Latrobe Valley regarding the supply of coal, electricity and water at one site in Victoria where the OHD plant is proposed to be constructed are progressing well with a final decision to be made shortly"

It tells us;

1. The preferred infrastructure provider has been already selected.
2. The location for the OHD plant construction is already selected
3. The final decision to be made shortly!

They also said; "The PFS for the OHD project is nearing completion and is expected to be released to the market this quarter."

We will see the PFS in couple of weeks then. Btw, I am thinking that they are not making a pilot plant anymore. There is something much bigger than a pilot plant here in this talk IMO.

Morabisi Project:
Turesi Ridge assays were very good as we know. We have received around 1% L2O grades from the heavily weathered surface samples. This  area will be definitely drilled IMO.

1. The final assay results from the 20km Ridge, Robello & Rumong-Rumong are expected imminently.
2. A market update will follow shortly on project next steps regarding Phase II of the project.

That tells me that we are going to the Phase-2 and that includes drilling. When the drilling news comes out GPP will be rerated again because drilling means we have got something valuable there. Good luck for that.

NT Brine & Potash Project:
I have very high hopes for those project too. This is a SoP project not MoP. That's the main point. There is huge MoP reserves in the world while natural reserves of SoP is very limited. This is the top-dress  fertiliser as GPP said.

SoP: Sulphate of Potash ($700/t)
Both potassium and sulphate is good for plants.
MoP: Maurit of Potash (Ordinary potash) Potassium Chloride ($250/t)
Chloride is not good for plants while.

It is said on anns;

1. Internal review of soil samples underway to understand agricultural suitability as a top-dress fertiliser.
2. Plant trails to be conducted in the second half of 2017.

We are starting plant trials!!! This is interesting too. How will they get the brine from the underground for using in the trials? Starting drilling soon maybe.

How they will get the SoP from the brine so quickly? Is it very high grade? Yes it should be high grade to make it SoP quickly! We will see.