APG 0.00% 0.2¢ austpac resources nl

what's the story???, page-27

  1. 853 Posts.
    Hi GC,

    Was I condescending, my apologies as I doubt I can claim much higher ground than yourself. I do think you are sweating the small stuff in worrying about what looks like a personal dispute being played out in a share discussion forum. I can justifiably be accused of hipocracy there as I have often sweated the small stuff, but I doubt I can claim a higher moral ground to condescend from.

    Lekki, now theres a mind that hasn't been idle. Well picked up. I'd love to be able to ramp it up by saying it must be because they found Austpacs technology so efficient that they don't need corridor sands anymore but unfortunately I don't have that information :(.

    Definately a set back in what would have been a great future cashflow. Does it mean APG is not of interest to BHP? No, I doubt that, given BHP still wants to be in Mineral sands and TiO2. And then there's the DRI and fines etc. It will be interesting to see how that plays out especially with their project snowball (or was that snowman) and their titanium push. Austpac has plenty of potential value to BHP still, and the question we all want answered is when will Austpac fully realise that potential.

    The closest cashflow is still the Spent acid/DRI and getting Newcastle re-going. It's not just Multiserve but Onesteel and Bluescope as well as the other pickle users and Galvanisers to be looked after.

    More patience required? No APG has given me plenty of that :(

    Back to idleing my mind

    Seik
 
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