apg - 60% minimum
re: apg chart minimum target 14-16c as per Hearald
The chart certainly predicts minimum 14 - 16 cents and I agree but for different reasons.
I like to buy and sell stocks on reported profits, new deals and transactions as well as potential earnings.
We have been waiting for a very lucrative announcement of APG for a few months now.
When I went into town to see my broker he invited me to sit in on a minerals sands presentation by one of the companies analysts who is close to Iluka.
It was very interesting and further discussions revealled with the analyst that the have a "corporate stratagy" to deal with APG to ensure Iluka do not miss out on the technology.
Ikuka are also holding a mineral sands presentation next month in Victoria at the Douglas deposit (old Basin Mineral deposit)
After my meeting with my broker, talking to the analyst and talking with APG it appears the deal we are waiting for should be next week but of greater interest is the indications that they are now negotiating a second and even bigger tranaction.
Our patience will soon be rewarded.
Those who have an interest in APG and or Mineral sands check out my post on CRT.
Cheers.
I hold APG, CRT, SLT
APG Price at posting:
0.0¢ Sentiment: ST Buy Disclosure: Held
