APG 0.00% 0.2¢ austpac resources nl

small gap at 8.9c still to fill, page-19

  1. 676 Posts.
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    Buddy -

    The last announcement was on May 2nd (3 weeks ago) regarding the Boardroom Radio presenation. The previous one on April 30th.

    In both the presentation and the news release, APG said:
    * Testing to date had produced high quality results
    * The next step, the continuous roasting campaign would be complete in June 2008.

    From this, I can only reasonably expect that we would have an announcement at the completion of the next step of testing in June 2008; unless something unexpected and material happens in the meantime.

    I don't understand the issue. If you are in it for the long term, what's another couple of weeks until the continuous roasting campaign is finished. If you are not in it for the long term, I can understand the concern regarding no news. But I don't think its reasonable to expect an announcement from the company before they said they woulud be ready to make one.

    Btw - I couldn't care less if you are an investor or a trader of APG. To some extent, I wish I was a trader in APG, because I would have made a fortune from the rollercoaster ride we've been on over the last 8 years. But, unfortunately, I'm not that smart.

    If your original post was just commentary to pass the time, apologies for responding the way I did. But this topic has been a re-occurring (and in my opinon annoying) subject on hotcopperover the years. As I thought it was being raised again, I couldn't hold myself back.

    FG
 
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