Link - Thanks for your opinion. However, I disagree - I think there is a good chance APG announce a solid deal with a major to fund the remainder of the plant. I don't expect to hear this until mid-to-late Feb at earliest.
In addition - should the deal not go through, I would suggest that major shareholders would be willing to come up with the remaining funding required one way or another, though this would likely be significantly dilutive and not a preferred course of action (however it would be better than liquidation for said holders).
APG is and always has been a highly risky stock to hold. However at this level the pay off in the first quarter/first half could be significant if the deal goes through.
APG Price at posting:
1.4¢ Sentiment: Hold Disclosure: Held
