APG 0.00% 0.2¢ austpac resources nl

Positive step. OMG the market cap is already 10 million.I am not...

  1. 771 Posts.
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    Positive step. OMG the market cap is already 10 million.

    I am not as smart as visually impaired Freddy, but I said about 10 years ago that the Newcastle site was not going to work commercially. Because of "the added costs of transporting hazardous waste materials from the source to the site". Along with the size of the plant only exacerbated the transport cost.

    Now on December 31st (3 Months ago) the account showed that current liabilities exceeded current assets by $ 260,000

    So the next raise must be imminent and i am guessing it will take the shares on issues to over 4 billion.

    How much is it going to cost to make good the Newcastle site????



 
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