Lilac aren't you being a bit harsh on PPY management?
Wasn't it Ramy's concept and machine (at least prototype) that got PPY/Ramy the initial listing? Where did the machine hinted at in the first Landline program come from? Who made it? I think the journo said Ramy built it and it was producing in Adelaide at a pilot scale size. Review PPY corporate video and estimate the "paper" production rate (I get roughly a sheet going by in 5 seconds) which means a potential output of maybe 2000 sheets per day allowing for gaps in production due to the process. Not bad and worthy of investment. It looks like it could make about a half million square metres of paper per year.
Later, didn't PPY/Ramy engage all sorts of contractors to build the various "working" production machines. Didn't PPY/Ramy then state that the failures were due to these contractors? I can't ever recalling seeing any announcement or published article mentioning management failures. I don't understand why you would suggest management is the issue. Or do you know something that we don't know?
The beauty of this company is that they have put a lot of information out there and their web site also contains heaps of good material. You can study the day lights out of it and convince yourself its a winner you can also convince yourself that it is lacking as well.
It would have been great for Amazingfaces to have visited the Walkamin facility and given a report. Never mind, we will just have to sit it out and wait for a further anouncement.
PPY Price at posting:
7.0¢ Sentiment: None Disclosure: Not Held
