APG 0.00% 0.2¢ austpac resources nl

9c nearly wiped out, page-21

  1. 2,189 Posts.
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    We all know that China is big - even huge, and the processing of iron has been going on for a long time and will continue to do so.

    The treatment of these tailings and from other processes leaves a lot of waste to be treated.

    There are two major things we don't know and they are (1) an indicative treatment cost that will determine profitability and (2) if it takes off, what impact that will have on the ore producers?

    They are serious questions.

    If we had an idea of the treatment cost of the waste, it would hopefully give us more confidence in the future potential.

    If China can be a goer, the world is our oyster.

    Let's hope that we have a positive outcome before the end of this financial year.

    Regards............................
 
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