How many times have we heard the story ... "..... trials are ongoing with a third party for production of ('insert intended product name here') , with positive results to date and further report will be provided ('insert arbitrary date here') .... "
PPY have come a long way (down) from high value decorative veneer to cheap moulded banana trays, and liquid goo (aka liquid fertilizer) , via pallets and everything else in-between. Hard to see how any of this is going to be commercially viable. In addition I didn't think there were any "nutrients" in the banana stem liquid goo, which is one of PPY's (previous) justifications for removing the banana stems from the plantation, whilst claiming no deleterious impact on the farmer, or the land. WTF ?
If PPY is removing nutrients (via liquid banana stem goo) which would otherwise be returned to the land, through decomposing banana stems normally left in the plantation, then the farmer and the plantation are going to suffer. Wonder if the farmers are aware of THAT.
Seems PPY change their tune, when it suits. Typical.
Anyway, don't hold your breath, folks.
PPY Price at posting:
1.1¢ Sentiment: Sell Disclosure: Not Held
