APG 0.00% 0.2¢ austpac resources nl

not looking strong, page-10

  1. 445 Posts.
    Hey daveyboy,


    If you are so fed up with this stock...MOVE ON. After 10 years, the biggest struggle this company has had was to find some big company to back them. After many false starts Ticor/Iluka and then Cristal, BHP HAS put up the money. The company is only months away from producing a positive cashflow and a demo plant can showcase the comapny technolgies to would be doubters. The hard work is done.

    It is now as Earnie says " good things come to those who WAIT.

    And therefore WAIT we must...........BUT not years, it is only months now.

    Yes, I like many have been a long term investor who has been frustrated by lack of progress but I see that the company is progressing on schedule with an increasing workforce. Ie APG is in growth mode.

    I am happy to wait a little longer because I am confident there is likely to be a significant appreciation in SP post Jan 2008. The announcement(s), when they come, will push the SP up.

    The pump and dump will not last forever. (because there will be new blood seeing and liking the APG story that will drive the SP to and well beyond 20c if the forecast earnings are achieved)


    Either have patience or MOVE ON...............
 
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