announcement is bigger than already discussed

EARNIE' you posted:
"Given it will save millions and millions pa to One Steel and hundreds of millions for the BHP tio2 project overseas they must be a little nervous!

A little will be an understatement once Fortescue and RIO start testing the DRI

The overseas broking houses must be smelling something!"

My question is- who are they nervous about? Personally i think that they should be look at Onesteel for one.
- Onesteel is a completely separate Co. to BHP.
- APG has successfully completed a testing program for Onesteel & the results were "exceptional" to quote verbatim from the announcement.
- Onesteel could now well take a strategic stake in APG & use that stake in future negotiations with either APG or BHP or both!

Fergus should now include the fact that Onesteel testing has been exceptionally completed into his valuation formula. I would also request that he include the following significant issue as well when he is tweaking the figures.

All seem to have missed 1 significant point. THEY have now developed a NEW process during the testing. No wonder they were keeping quiet!
Nervous nellies were hitting sell buttons thinking the worst while at the same time the illustrious Mike Turbott probably had a smile from ear to ear.
They probably already have the patent application into the patents office for this new process;
"...the broadening of the applications for Austpac's processes to recover metals from hazardous wastes is a significant new step toward their commercialisation".

Think about the ramifications of this AS WELL as everything else contained within the update.