GNM (ASX) Ann: Major REE Discovery At Robello

Originally posted by apkjm ↑

@CYMON Afternoon mate Always good to see you on the thread . To be fair , point out a Lithium play ATM thats SP is going to new highs before drilling results ! Investors are not falling for the old pump and dump rubbish that court so many out in 2016 ! #Pump&DumpCrewLol

The drill results will come soon enough , so any thoughts until then is just pure posturing for position and speculation !

In other words ! If GPP found ELVIS in there assay results Lol the SP still wouldn't move ! Drilling results required ! @cfp @Scarpa have stated a 1000 times.

Now the difference with GPP is that we don't have to wait months between announcements on one project only. As you know , GPP have three projects running ATM.

The most exciting in my opinion being the OHD
CORPORATE UPDATE
24 May 2017

Further plant trials currently being conducted by Monash University are progressing and an update to be provided to the market in the coming weeks.

 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.

 The PFS for the OHD project is nearing completion and is expected to be released to the market this quarter.

SUCCESSFUL OHD CEREAL CROP TRIALS
15 February 2017

The Company has fielded approaches by offshore and national grower groups seeking off-take and partnering opportunities

The Company is currently in discussions with international firms and national grower groups regarding off-take and partnering opportunities. The Company confirms it would look to agree to long term off-take contracts as an instrument to fund the construction of an OHD plant.

Given the inbound interest in potential off-take and partnering the company has sought to promptly undertake OHD trials on Canola and Palm Oil plants given the Global US$100+ billion potential of these combined markets.” ( Inbound interest )

Production of OHD bio-stimulant fertiliser costed at 1/10th the cost of traditional bio-stimulant fertiliser manufacturing process ( Focus Right Here )

Greenpower remains well funded with circa $3.8 million in cash reserves.

Note: To our resident Down-Ramppers , GPP have Cash , Three Projects and heaps of news to come in the short-term ! And yes, the announcement's will probably be late Shock Horror Lol

Expand

Next 3-4 weeks will be exciting on OHD fronts.
If anyone is watching from the sideline, you may miss the fun.

Morabisi 950000 acres (60km x 62km) lithium/tantalum prospects:

We will find out whether GSM & Mr King's optimism re District Scale/DS is validated after planned drillings and lab assessments, in 3-4 months time
Any opinions dismissing DS potential presently is premature, and without any basis.
(Even Elvis the King will agree =)
Aimo.
--------

Let's enjoy the bonuses as Gpp story gets better by the week:
REE,
Possible two more lit/tantalum prospects from Guyana govt,
SOP,
$3.8 cash

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(20min delay)
Last 1.2¢		Change -0.001(4.17%)		Mkt cap ! $1.778M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.1¢	$2.904K	260.5K

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Ann: Major REE Discovery At Robello, page-144

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