APG 0.00% 0.2¢ austpac resources nl

sbvb TAKING IT TO THE NEXT LEVEL - $$ & vision required The...

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    sbvb

    TAKING IT TO THE NEXT LEVEL - $$ & vision required

    The credibility of APG, like any other high risk, low cap, debt light, nimble IP company rests on having access to liquid funds to keep it in the game of deal making. This has been the history of APG. It's what its been trying to do for 30+ years. Limited success YES but it has SURVIVED and it's really trying YOU BET.

    You are 100% right that the focus must be on completing a substantial deal BUT first you need money in the bank to keep the wolves from the door. We need to be able to move quickly to close deals rather than constantly worry about the cash needed to survive. Any capital raising that has been or will be made needs to be viewed in this context.

    This is what a high risk company needs to do to stay in the game and deliver its promise (if it can).

    I'm as impatient for success as you are but we have to keep the team on the field in order to win the game.

    Once we get a signed deal and restore market credibility, funding on attractive terms should no longer be an issue but until then we need to be flexible and goal directed to prosper. The AGM will truly be interesting if we don't get the deal we've all been hoping for.



    Clacko
    Last edited by clacko888: 11/08/16
 
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