APG 0.00% 0.2¢ austpac resources nl

today, page-2

  1. 2,793 Posts.

    That is a very big statement to make - "..investors are poised to reap the benefits.." - in the absence of any detail.

    One can hopefully only assume that some strong commercialisation news is just around the corner - my view is that there is really no positive news coming out of the iron industry, and the best news we are hearing is how they are reigning in production cautiously while trying not to impact their employees too much - essentially the base line story is about cutting costs in order to preserve profits...

    so in an environment where the profit motive still reigns supreme (I mean why else is everyone in business), then one clear way to reduce costs is to spend a little (tax effective) money on building a plant that regenerates your inputs (so they don't need to be dumped), and which turns your iron waste back into usable iron...

    Otherwise the IO industry is all about relationships - Kloper's main job is working-out future demand and securing contracts - but when working with the Chinese for instance, you also have to be giving something back - like showing your customers how they can get better value out of what they buy from you, by installing a waste system like we have here with APG - your Chinese buddies could only be thankful and return the favour some day

    For my part I have gone top to toe looking for another system that can meet or better what APG can now do - I haven't found anything closely competitive - so I'm feeling pretty happy with myself for securing a stake here...

    While one last observation to these rambling thoughts, and I note (where all announcements are usually worded carefully) that we weren't told we could expect to look forward to reaping "the benefits of these technologies SOME TIME IN THE FUTURE"

    hopefully this last piece of throw-away analysis proves true as an indication the benefits are just around the corner

    hold tight, hold happy

 
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