APG austpac resources nl

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    My thoughts on this is that APG will go for Project Financing from one of the banks, with BHP as a guarantor.
    Given the current market environment (credit crunch), I don't see APG getting bank funding without a big guy on board.

    I would be very surprised to see APG raise $35m by selling equity as well.

    Regards,
    FG
 
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