APG 0.00% 0.2¢ austpac resources nl

history lesson

  1. nb1
    869 Posts.
    The one thing we learn from history is

    that we learn nothing from history
    sp august2006
    2 cents
    7/9 wif of bhp interest 4.5
    13/9 retraceto 2.9 40% drop
    then gradual climb to9c16/11 on expectations of bhp completing tests in newcastle and reporting

    sorry no report
    but
    on 23/ 11/ 06 mt reports on fantastic gold situation
    but thats not wat we want.
    12/12 sp retreats to 4.3 for 5 minutes and finishes day at around 5.4c
    again around 40%drop
    speculation bhp will make announcement sp rises to13c on19/3 but retraces then up to19.5c on expectations of same announcement and retraces to15c on 2/5
    excitement builds on expectation bhp will buy in at a premium 25c
    but oh gosh they only buy in at a 20c premium 14/5 but a fantastic announcement oh dear we are dissapointed again. so s.p. falls to 13.5 today
    but if it follows form it could do a 40%drop to 12 c or even an intra day drop to 10c.
    so what are the facts
    APG have never been in a better position
    BHP are keen to finish the plant thats why they bought shares at a premium to allow APG to complete the task.

    but yourself in BHPs position would you have dreamed up a licencing agreement before the project is complete
    or would you have an agreement before all the polants are built and pumping out 98% pure tio2
    No one would be that dumb
    and looking at tweeks calcs just the ears should value APG at 50c / share
    don't be be supprised to see a licencing agreement pop up out of left feild
    not to speak of agglomeration 6million to build a plant that will produce 11mill in a year -- and how many coys will want that
    gold near sino similar geological structure 4 gold fields
    and shares sold today for 13.5c?????
    yes thank you very much i picked up 800,000 imho it was theft
 
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