update, page-46

re: the roaring 20s 7cents to 23 cents g64
the main thing is to keep the main thing the main thing
We can all guess if when and how much of apg that bhp will take and at what price.
my understanding is they can take up to 25 million shares without an EGM and it seems our management team will want them to pay above market value for that share because they are in a position to know the results of their joint research with apg is and so do apg.

now once they take up those shares at whatever premium then one would assume the s.p. will go up.

If the share price goes up and they want to dip in with more capital in another placement then naturally it would again be at a higher premium to the sp.

as for plant costs i recall hearing figures anywhere from 6m for one of the simpler plants to 150m for a full size super dooper plant that does everything(and don't forget bhp have already spent over 3billion trying to do what apg is proving up) this is chichen feed to bhp

So i hear you cry but it will dilute my shareholding.
FANTASTIC i would hope they fund enough money to dilute my shareholding by 25-50% by then they would be looking at a takeover bid of $5-$10 a share.

We have never had it so good

so dont get caught up too much in the guesses

imho opinion when bhp take a slice of the coy the sp will head north and continue doing so the more bhp become involved. And that my friend is the main thing.

not advice dyo research