"Once the plant is up in 4 months I should be able to make 3 - 4x".
Why do/would you expect the plant to be up in 4 months?
From APG's 2004 Annual Report, page 7 - Director's report on Operations - it states in the beginning of the last para "The BFS will take approximately six months to complete, including three months work at the Kooragang Island pilot plant...."
The AGM was on Thursday 18 November 2004. All but 6 months ago....
New or potential re-investors need to be aware/wary of this Company and its project timelines. Lots of upside with the technology but there is and always has been a project time-line downside.
If the pilot plant is not fully operational in 4 months - 12 September 2005, will you eat your scrip?
cheers Lekki
APG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
