Ann: Papyrus Signs Memorandum of Understanding , page-16

re: Ann: Papyrus Signs Memorandum of Understa... It seems PPY is under intense pressure to come up with the goods in the next few months.
Not sure how long they have known about the Hayot competition or what they are going to do about it.
The board needs to spend time in NQld with a truly independent expert to assess the real status of the operation up there. If that plant is not capable of real commercial operation I can't see much hope. PPY needs to be brutally honest with the market and be judged on this. We have had enough of the hype and false optimism. What we have seen in recent months is a reality check with investors. This is healthy but no need to panic yet. Perhaps the company needs to give weekly operational reports on production similar to drilling reports of miners. In the present climate lack of quality information will result in the sort of uninformed paranoia we have seen in some of the recent posts here.