apex project,. nt, page-2

They are certainly a bottom drawer holding for most holders given the massive slide in their worth over the past few years. But if Emergent Resources come through with the payment for Beyondie then they will be well cashed up for further exploration and that excitement should at least provide a short term kick in the share price. At present the gold price is also nudging the A$1500 mark, the point where developing Wingina Well is supposed to be viable, so it will be interesting to see if DEG decide to take the punt on it staying high and start further development there. If they could get a good second-hand CIL plant they could be up and running pretty quickly on that and the transition from explorer to gold production should significantly restore some of the SP value lost. I think at the current SP they are certainly worth a punt at this stage, but having bought in at multiples of that, I'm just going to sit and wait!