The only news I'd be expecting soon which may be a surprise is that the plant is finished ahead of schedule....but judging by the slides that is unlikely.
Regardless, the SP will rise next year for two good reasons;
The plant will be up and running and hopefully proving the techs at a commercial scale
and secondly, the very same plant WILL start earning APG REAL cash!
Yes, it's taken many years but by the end of 2008 APG will be the owner of a revenue stream that doesn't involve fund raising, placements or any other form of begging.
The only thing that I'm curious about regarding the demo/pilot plant being enough to service ALL of Newcastle's waste from the steel processes..........aren't Onesteel ONLY in Newcastle.......doesn't that mean no plant for OneSteel ?
Or have I got this completely wrong ??
Probably, I normally do !
Earnie ?
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