Hi
@anatol,
I think that you're mistaken about GPP producing the OHD at 1/10th of the cost of manufacturing traditional bio-stimulants.
I know that they use this line in many of the 'Key Highlights' of their announcements, but I think that this is an area that certainly needs to be cleared up.
In the 21st of October Announcement for OHD, under the '
Bio-stimulant Market & The Advantage of the OHD Process' heading, they say:
"In the residential market Bio-stimulants ... generally retail for $3,500 to $7,000 per 1,000 liters wholesale."
They then go on to say that:
"The OHD process allows for the production of Bio-stimulant fertiliser ... with a production cost of circa $350 to $700 per 1,000 liters wholesale (1/10th versus traditional Bio-stimulants)."
The comparison that the company have made is between the OHD production cost and competitors' wholesale prices.
$3,500 to $7,000 per 1,000 liters wholesale for competitors and a production cost for OHD being $350 to $700 per 1,000 liters wholesale means that GPP can produce their product at 1/10th of the wholesale price of competitors products.
I'm not trying to downramp, I still hold the same amount that I have held for months, but this is something that I, and many other shareholders, need cleared up.
Given that you're one of the biggest holders of this share, and have been in contact with the company before, could you please take it upon yourself to ask for clarification on this matter?
On another note, please stop trying to ramp this stock. Statements like:
"I think other manufacturers are watching GPP very closely as well as the big bio-stimulant user farmers and industry groups locally and overseas."
are entirely useless for this stock. You've got nothing to prove this, there's been no indication of this apart from the fact that we're doing Palm Oil trials on-request and we've had some mentions of companies showing interest late last year.
Yes, companies may be showing interest, but don't go spreading it like they definitely are, or that they're about to act upon it in the immediate future.
You're an influential poster, don't lull people into a false sense of security with statements like that.
Cheers,
NexusB
