APG 0.00% 0.2¢ austpac resources nl

announcement, page-10

  1. 1,367 Posts.
    Always wondered why APG have a current market cap of 60MILLION? by the time they are finished with the demo plant and other working capital needs there will be close to 1BILLION shares on issue lol.

    Absolutely ZERO current earnings with only BHP's name on the register is keeping this stock from going back to 2c.

    APG need BHP, if BHP are no longer interested in this story where do you see APG? This is the one major negative with APG they seem to depend heavily on BHP and wouldn't want to be holding the day BHP say thanks but no thanks.

    Won't be long before the next capital raising to take it over the 700MILLION issued shares mark.

    Regards
 
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