APG 0.00% 0.2¢ austpac resources nl

Ann: Half Year Financial Report 31 December 2015, page-12

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  1. 157 Posts.
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    False9
    Please do not say what I would have done - I would not have closed the doors on APG years ago.
    If I had been at the helm years ago, and I was overseeing the fully funded ERMS SR Commercialisation, or again, if I was overseeing the fully funded NIRP project – I suspect I would have done a lot of things differently. Easily said, I know, with the benefit of hindsight.
    But, if I had been at the helm then – I would have resigned/retired by now.
    I would have felt some responsiblility for my failures and gone . And hopefully I would have left while there was enough left of APG – that someone else could have a chance at doing a better job.
    Yes – thats what I would have done .

    Cheers
    Wilcox
    PS: On the matter of financial knowledge – I am always eager to learn.
    If you would be good enough to answer Rob1000’s previous question – I would appreciate it..
    How can the Dec Quarterly Report show Cash at End of Quarter (ie 31/12/2016) of $326k,
    and then the Half Yearly Report show Cash & Cash Equivalents at 31/12/ 2016 of only $51,554

    If you do not have an explanation – thats OK. But could you use your close relationship with Mike or Nick, who put out these reports, to get an answer.
 
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