Has there been a catastrophic equipment failure in Egypt . ?
If not, then why are there no reports of sales, progress and income ?
The Chairman's report from the 2017 AGM was so promising about "imminent" sales of veneer, fibre, door skin panels, plus the report from Egypt (Feb 2018) spoke about the many tonnes of banana fibre being processed EVERY DAY and the LARGE NUMBER OF STAFF that have been employed and the setting up of a fibre fruit tray factory etc etc etc
.... however nothing of this has eventuated, or so it would seem, based on the eerie silence emanating from PPY over the past 6 months
So, the question remains ..
WHAT ON EARTH IS GOING ON ?
IS THE JV FACTORY PRODUCING ANYTHING ?
ARE THERE ANY SALES ?
WHAT ARE THE FORECASTED SALES AND PROFITS ?
PPY Price at posting:
0.8¢ Sentiment: Sell Disclosure: Not Held
