I think the long awaited announcement is almost upon us.
Its rumoured to dwarf the BHP deal that took the SP to over 20c with BHP taking stock up at 20c making BHP the major Shareholder
A 100% increase short term from here is highly likely due to the fact that the major involved, Kronos is in desperate need of the technologies owned by APG in the steel and mineral sands industry both of which Special K have billion dollar interests.
1) Transaction reported to dwarf BHP in every aspect. 2) Huge Funding 3) Short term construction 4) Commercial plant 5) Short term - cash flow with income 6) Preditor/s without doubt on side line 7) BHP already major shareholder with Special K probably going to topple them. 8) Multiple supply offtake deals already in place 9) Brokers interested - recommend to clients depending on risk profile (some on announcement of deal, others commencement plant const, others completion, others cash flow) 10) Marketing program planned 11) Shares valued well over 15c based on one client with every other transactions adding another 10c plus to the sp. 12) The above has no value for future earnings, potential earnings, technology, premium for a preditor or a favourable wim150.
APG Price at posting:
7.5¢ Sentiment: ST Buy Disclosure: Held