APG 0.00% 0.2¢ austpac resources nl

shock and awe, page-11

  1. 1,088 Posts.
    Hi Dave

    Not really sure if this latest trading is a pump...many of us are just urging to invest more on the basis we believe cash flow will occur sometime into the future!!!!...but when is the million dollar question....upgrade of plant....but when....how much...jwt indicated on his post some time ago he felt another $2mill or so would be required...if i recall his post correctly...if his information is correct, more cash will be required prior to cash flow happening...I for one would love sp to reach mid 4's or even beyond sooner rather than later...however I just think we have to hang in for a while longer before this occurs...and of coarse some will sell in the present enviroment...as has been occuring over past week or so..every time it looks like we are away...as has occered yesterday and today...a or several sellers appear keeping the sp down again...elsewhere investments are producing greater reward in shorter timeframes than apg...not that any current holder is not a believer...but some of us just need some cashflow and will make investments in other opportunities...but...we are keeping a very close watch on the happenings at apg...my thoughts for what they are worth...sp will range between 3 and 4 for next 3/6 months until we hear more on upgrade...may even drop below 3c once again until we learn more on actual cost,when will this occur and how will upgrade be funded...then of coarse we will then have to wait for news on actual signed contracts...maybe even 6 months away from now...I still hold some (and will buy more)and will continue to do so until my target of $1 is reached...and it will...but when...3/5 years...yes!!!

    JAWSY:)
 
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