bpn sustainability award, page-6

"AAMC (owned by PPY) has won a government grant to build a manufacturing facility in SA. They will get 1.5 million to do this, but they also must put 1.5 million into the project. It seems they will build the machines in SA (apparently in Thebarton) and then ship them to Egypt."

I have been to Thebarton, and there is a COMPANY called Australian Advanced Manufacturing Centre, but I couldn't actually see any 'Centre', just a little office with 4 people crammed in. Very dedicated people no doubt, but sadly I can't see any manufacturing capability. I sold shortly afterwards. Please refer to my previous posts.

In order to build 5 machines whether here or in Egypot there will be a need for a very generous benefactor or a large capital raising. As for 40 employees, well---- 100k each per year wages- is $4 million on top of the current bill. hmmmmm..... where is the money coming from?