APG 0.00% 0.2¢ austpac resources nl

apg responds to posts, page-4

  1. 2,746 Posts.
    I'm expecting a bullish quarterly statement out well before the Tuesday deadline.

    I'm hearing that its all hands on deck at Newcastle including BHP personnel and most importantly BHP is very happy with APG and is furthermore very optimistic of the outcome of the APG tech.

    I just saw also that BHP's 'Corridor Sands' project has a 100 year life.

    So extrapolating that 100 year figure (presuming our tech works) will BHP want to pay an increasing royalty over the period of the project (100Y) or simply buy-out/take-oevr APG once the technology is proven to be commercial beyond all reasonable doubt.

    That is an interesting scenario.

    We may find ourselves as a very cashed up Chinese gold explorer sooner rather than later.

    Cheers M.
 
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