I am amused by this big announcement. Precisely what value does the PPY 'technology" bring to this. I would presume processing left over hemp plants consists of making mulch. Hardly a revolutionary use of PPY veneering technology. Are we supposed to believe this is an extension of PPY's alleged ability to produce fibre panels?? If so, there is no PPY expertise there- in Egypt all they are doing is shedding banana trunks and baling up, and 18 months after having 40 staff and a factory beavering away at this they have produced ZERO revenue.
Perhaps this is yellow pallet revisited.
I dunno about hemp, but somebody appears to be smokin' something.....
Ann: Papyrus Attracts Significant Strategic Investor, page-8
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