what's the story???, page-39

Hi Geiger Counter,


Notice that you regularly contribute to the Austpac thread and as such I assume that you have more than a fair idea of whats going on.

Unfortunately I have had to sell my remaining shares in APG for personal reasons, but I have always had a high regard for the management team, and when consideing the work they have accomplished over the years to keep the Company on the road, do believe that their day will come.

What in your opinion is the Company,s strong points and weaknesses?

It seems to me that they are always bound by pending agreements to other Company,s and as such I do feel that their hands are tied so to speak. Its a pity that they cant achieve something without having having to knock on the door of one of the Majors for financing and in so doing tie themselves down in anticipation of the other Company or Companies making the action.

Maybe with a tidy sum in thei Bank they could possibly do worse than making selective investments in other progressive Companies pending a satisfactory solution to all their present problems/difficulties.

Love to hear your outlook on the situation.

Hopefully I will be able to buy back into the Company at a later date.



Best Wishes,

Karlene