APG 0.00% 0.2¢ austpac resources nl

what do you think earnie

  1. 409 Posts.

    It is not beyond the realms of possibilities that APG is in the sights of multi-national private equity players.
    PBL was made an exorbatent offer by a private equity group and James Packer was not going to look a gift horse in the mouth.
    In the case of APG we have to look big picture. Both India and especially China have an insatiable appetite for resources. They are the booming economies of the world for the next 10 years. Just looking at only one projection over the next 10 years estimates that the number of cars in China will rise to the 100's of million. This is only one of thousands of needs for steel. The steel has to come from somewhere!.
    Enter private equity armed with dri technology that renders previously unused ore deposits viable. The world becomes their oyster.
    On top of that they develop plants to enact all of the other APG technologies and whammo; instant cash cow.

    It is not beyond the realms of possibilities.

    The smart move for private equity players would be to move now rather than face another Xtrata egg on the face scenario.

    Interesting times ahead.

    Do your own research before investing.

 
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