apg potential, page-6

Hi mb22,
BHP is like all of us...and dont we all like a bargain.

BHP knows the technology works...(or is capable of being made to work).

The technology consists of 2 parts.

ERMS..roasting.. which they proved on a continuous 3 day run with the present plant a couple of months ago. So these current tests will not be doing anything new.

EARS...acid regeneration...this is the part of the technology that has not been tested at full scale. This is probably where the BHP money will be utilised....and APG insists this is the least problematic part of the assets.

Once BHP is satisfied on these two things the other technologies will fall into place.

What it is all worth is for BHP to work out internally and tell us....but do not expect the first offer to be the best...it's only human nature to try for a bargain.

So only sell when the price seems to.. to.. to.. good to be true.

Just let events unfold.