APG austpac resources nl

Ann: Shareholder Update 16 October 2009 , page-16

  1. cyw
    3,374 Posts.
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    OK, it was not brilliant news but it is better than being kept in the dark. It could have been worse, like the refurbishmnet is a disaster, nothing fits and nothing works, all negotiations have been terminated and we are back to square 1 (I was really worried about that). At least we now know where we are, square 1 and a half?
    As long term shareholders, we all know what it is like holding APG. Like India. Ticor, NZ, China gold, negotiations were always at an advanced stage, samples were tesetd with perfect results, plant was built etc. etc. but then everything just went quiet and nothing happened.
    Let's be honest, if we do not have hope that this deal is going to come good, we would have bailed already at 7c, 10c, 15c or 20c.
    The simple way I look at things is that every dog has its day. APG has not had much of a day for the last 10 or 15 years, it may be about time.
 
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