PPY 18.2% 1.3¢ papyrus australia limited

our patience about to be rewarded?, page-19

  1. 102 Posts.
    I would not read too much into the end of this QFL deal. They always seemed an odd fit and perhaps did not fully understand what was needed to get this first plant running. It seems to have ended amicably and they get their money back via a new share issue. Meanwhile PPY is back in charge of their destiny and from what we read working well with local banana farmers.
    Lets wait for the next report on manufacturing progress as this seems the major blockage to filling European orders. The AGM should be interesting this year.
 
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