APG 0.00% 0.2¢ austpac resources nl

caveat venditor

  1. 2,793 Posts.


    i'm calling it 'the' announcement for obvious reasons...



    a thought for all and sundry - on the assumption that we receive the announcement we have been somewhat promised, so it's a green light with kronos and the plant is finished and in production in 2011, then on the basis of the company finally entering and announcing a great deal (here's my question), what other secondary announcements could/should we expect to hear hot on the heels of a green light coming from kronos - there has been plenty of talk by the company about various supply & product'sales agreements, so can any here put their finger on them?

    my auxillary point is of course, with a favourable kronos announcement yes, there will be a spike in the sp, and that only occurs because many will be selling while others are buying and pushing up the sp - but many of those same sellers could well get a does of disappointment when after exiting their positions asap, there soon afterwards come one or more other agreements being announced that have been floating in the wings for i can't remember how long now.


    caveat venditor! - let the seller beware...


    good luck






 
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