not so sure earnie was a broker and I am pretty sure he used to be a dedicated Ford man driving a GTHO. Well I guess Fords these days are more like milk carts!
The big question used to be....WHEN will the plant be completed?
Now.... its..WILL APG survive?
I cant tell you either of those but with a little luck (not much needed) in the next 2 or 3 weeks they will get their $2m + R & D refund from the ATO. From what I gather another 1/2 mil will come from the 2015 R& D refund.
That will no doubt give them sufficient working capital for at least 2 years to get a deal done and build the plant!
In the meantime my discussions indicate they may have agreed terms with ABR and are moving well with IXON.
So....... there we go!
Should you sell ? should you buy...
I really don't give two plops..
Have a nice day
Cheers
Foearunlie
APG Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held