apg

Hi folks,

I do not contribute regularly to this site, but I have recently noticed a disturbing 'sheep-like' behaviour by some contributors, since they have lost their HC 'shepherd', Earnie.

Some of us seem to have entered the seven stages of grief since Earnie's up-beat offerings stopped...a once happy flock, content to wait for Aug / Sept 08, when the testing will have been fully completed and the first income arriving to the company coffers. Instead we are darting about, distraught that the recent APG / BHP licensing agreement 'contains no timetable or terms....'. This negativity has adversely affected both confidence and the SP, with the resulting whirlpool of doubt and distress even to some long-term holders.

So let us leave irrational doubts behind for a moment, and concentrate on what we know as FACTS:

1.The company is delivering superlative results so far with no indications of failed, or less than expected, test results;
2.BHP will never allow the public release of pending licence agreements, or terms of that agreement, and it is not for APG to release such commercial-in-confidence material - so do not blame Mike Turbott for 'failing to inform shareholders'. He may not legally release such data to market;
3.There has been a steady stream of merchant bankers and major global steel-manufacturing companies making their way to Newcastle in recent months, and there is in-principle agreement for future licensing of several APG technologies in train;
4.The Company is doing well under its 'shepherd', Mike Turbott, who may be better placed to inform you than the now distanced Earnie. Don't worry about him, he has been fleecing we shareholders for years - and good luck to him - although I sometimes despair at his moral compass, when he is extolling his so-called friends on APG Hotcopper to buy whilst he is selling millions! (May 07????)

So I implore those of you who prefer facts to negative gossip to stick with this company, and continue to recommend it as a cheap buy to brokers, traders, chat-sites and friends..because it is on the cusp of a company-transforming moment, which you don't want to miss!

Forgive the sheep/shepherd etc metaphors, but I could not contain myself watching several of the 'faithful' suddenly doubting their company for no good reason.

Keep the faith