APG 0.00% 0.2¢ austpac resources nl

With the completion of the final stage of the plant in a couple...

  1. 1,434 Posts.
    With the completion of the final stage of the plant in a couple of months things appear set to hot up and many expect the SP to double plus!.

    BHP who have been funding this project will be able to see ALL the technologies working especially the DRI that BHP spent $3.0bn + on and failed.

    OST and Multiserve will also get a first hand look while Iluka, BMX and CRL will all see the results of thier material after processing.

    APG says their technologies suit many industries including the Zinc industry.

    The big question is, with BHP being so diversified and showing a HUGE interest in ALL the technologies, will they try to secure it before Multiserve, Fortescue or RIO who also will have a HUGE interest in the DRI given the Iron pellet price recently agreed on with China. Or will it be ILU who tried for BMX and failed!

    Many here are expecting in excess of a 100% rise in the SP in the next few months and have good reasons for that.

    Of course we may get movement before that if anything else pops up first.... and that has been hinted at a few times already.

    Cheers
 
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