New Board Proposal, page-92

I could be wrong, but suspect the PDU is been built so that they have a ready supply of OHD liquor to do more timely trials (and much larger trials) in the field to test how the results in the field look compared to lab results because at the end of the day lab results are worthless if don't translate to the field. Obviously, they completely stuffed up the last trials and from recollection in the past said trials were not bigger because of a need to get liquor, which begs the question since their is a unit in the USA who else is conducting trials elsewhere in the world or more importantly how much capital has GPP invested in Therm process overseas itself in improving it without getting any recognition as possible a dual IP owner (if that USA PDU was constrained in the output it produced compared to what GPP wanted for its trials).

None of the PDU content, if one is built in Oz, IMO will be up for sale, so suspect it is about proving a concept through field trials but you can never budget for incompetence so who knows. Why they didn't do this last year when they decided they were going to a PDU before commercialisation (which should have been a red flag for holders in hindsight, one which holders like me didn't fully evalaute at the time but I was in for Morabisi so in hindsight should have spent more time understanding what the issues were) is beyond me, and shows utter incompetence. In fact if the PDU was so required they should have built the thing back then through a capital raise, probably should have done it at the time of the wheat Ann in reflection, rather than hybernate like bears over the winter and then when they wake up go for an R&D grant. To be frank, going for this CR has raised a lot of questions for me around how utterly incompetent management have been in hindsight of having smaller trials because they have been to incompetent in moving to build a PDU themselves.

I think it is also too late and the market would be thinking 'Get real not a cent for this lot unless they all go'. King I think is over 75 and probably spends most of his day sleeping on that couch LOL after a sherry or two.

All IMO

All IMO