APG has some great technology and with this deal in place I suspect we'll see interest return to APG. Remember what happened to Anaconda Nickel?? The difference being that APG has a process that has already been tested using various samples from around the world. It's simpler than current processes and more efficient, quicker with a higher grade product. I wouldn't be surprised to see APG rise 20 fold (to a market cap around 600m) in 3-4 years time. Sooner if they can acelerate further plants.
The thing is now one company has taken up the technology there is a great incentive for others to do the same.
And they're off!!
P.S. Remember this info of this deal was leaked, probably to long suffering shareholders in a bid to keep them on side. APG will need to raise capital and I suspect these recent traders will take profits. Already a huge chunk dunped on Friday and I suspect we'll see a few more million shares dumped early next week.
APG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held