Dec 19 (Reuters) - Graincorp Ltd GNC.AX :
* UPDATES ON ENGAGEMENT WITH LONG-TERM ASSET PARTNERS PTY LTD
* SEEKING ADDITIONAL INFORMATION FROM LTAP ON ITS LONGER-TERM FINANCING PLAN AND INTENTIONS
* LTAP PROPOSAL AT THIS STAGE NOT SUFFICIENTLY CERTAIN OR IN FORM WHICH WOULD ALLOW BOARD TO MAKE A RECOMMENDATION TO SHAREHOLDERS