APG 0.00% 0.2¢ austpac resources nl

APG and Tico Renegotiate, page-10

  1. 150 Posts.
    Paul100

    Where did you get that there will be no trial plant ?

    The last i heard, the Indian Federal Investment Promotion Board (FIPB), will not approve a full scale plant until the ERMS/EARS technology is commercially proven. (and even still APG/TOR's first application with the proposal of a trial plant in Orissa was rejected).

    Either way, construction of a plant in the Murray Basin will be dependant on securing a long term supply of suitable feedstock, which is obviously yet to happen.

    I must say, not too much substance in todays announcement, it certainly didn't leave me with any new found confidence.
 
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