APG 0.00% 0.2¢ austpac resources nl

apg to pay dividend, page-8

  1. 183 Posts.
    Hi Lekki, my guess and only my guess but the 30ktpa plant up north may be canned.

    IF it is Cristal then their interest is as per their web page Syn Rutile.

    They already have a deposit (Bemax) just not atechnology.

    My guess is money they put in will be for a ERMS plant for the Bemax deposit not for a deposit owned by Iluka.

    If this happens Iluka will be most upset...

    Poor Iluka, missing out on bemax, letting the APG technology slip away from them and having no technology for the douglas deposit or the CRL deposit....OUCH!

    Cheers
 
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