PPY 0.00% 1.0¢ papyrus australia limited

Ann: Monthly Activities Report for May 2021, page-3

  1. 159 Posts.
    lightbulb Created with Sketch. 29
    Agree, Ozwire.
    Slow progress or .. no progress. ??

    Also there doesn't seem to be any progress with veneers, which is what the original - and probably now expired - patent was all about.
    Chopping up, or mulching, banana trunks for fibre to make trays and squishing banana trunks for liquid doesn't seem to be high tech or relate to any propriety technology, that couldn't simply be copied by any other company.

    If the Egypt operation is profitable as previously reported, then why is PPY Aust continuing to provide funding for equipment and provide .... "expenditure relating to the Papyrus Egypt operation"
    Seems like PPY Aust shareholder funds are being used to "prop up ?" the Egypt operation.
    Very odd, and very little in the way of explanation.

    Not a lot of 'bang for your buck' here. (lol) .. but who could possibly be surprised at this.
    Do your own research !!,

 
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