lol thanks seik and thanks for doing the sums 4 us My problem was not with ferg or his figures My problem was that once bhp/apg start build their first plant and the same goes 4 onesteel then tere will b many companies linning up to get a slice of the action, but everyone seemed to be talking and basing their assumptions on bhp-- onesteel and corridor sands lets face it the first plant will probably be built on or close to apgs own lease which has a 50yr life if other coys don't grab their opportunity asap they could be left completely out in the cold.esp if BHP makes a bid to take over apgand I think its fairly common knowledge that m.t would not reccommend any takeover under $1. I reckon there will be huge interest by many sand iron orr producers and steel manufactures breaking their necks to get in next year as soon as the results are published and this made it even more stupid when people were only concentrating on bhp time frame and corridor sands and real cash flow around 2020.cheers nb1
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held