APG 0.00% 0.2¢ austpac resources nl

Linkman, you make some valid points but we also need to look at...

  1. jwt
    3,747 Posts.
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    Linkman, you make some valid points but we also need to look at it from a buyer's point. APG have had great success with basically a test plant. And there are thousands of test plants that worked at test level that failed in full production scale. Big CO's will want to see the full production in operation; and for that to happen, the valves need to arrive etc etc and the plant needs to prove itself. Personally my punt is that it will and everything will fall into place. And, if the big F is correct, and a major is sniffing, then things can't be too bad. But I wouldn't expect a contract; maybe a MOU. Maybe BHP has grovelled over in M and got their leases back provided they act. But whatever, not for one minute do I think that MT can do this any faster; not without surplus millions in the bank. We all just have to be patient. And it's a spec; we may all do our dough. Bugger, wish I hadn't said that. All the best fellow punters. jwt
 
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