APG austpac resources nl

Ann: Research Report , page-19

  1. 637 Posts.
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    I, as everyone else I guess, have just received by mail the alpha report. Why couldn't this be distributed by email? Even optionally? It's not a statutory document, just a 'feel-good' one.

    I don't want to be negative, I really don't, but I have an automatic skepticism when people TELL me how great they are, using my money, instead of just BEING great and letting me decide. (The Commonwealth government does it incessantly).

    This plant should have been up, running and producing - scaled to whatever money was available at the time (the time of the Kronos negotiation that is).

    This nonsense about Kronos wanting a bigger plant is just that, nonsense. Kronos provided money and became a shareholder in order to (supposedly) convince themselves beyond doubt of the scalability of the design.

    That should have been done to the extent of the available money. If Kronos then wanted a bigger plant the discussion should have been as to the license required for them to go away and do it - but that discussion should NOT have delayed us having a plant up and running NOW, AS WE SPEAK.

    The graph showing the growth of shares on issue tells the entire story of this company.


    Cheers.

 
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