APG 0.00% 0.2¢ austpac resources nl

Hi all.As I said a while ago. I'm buying and I'm not concerned...

  1. 653 Posts.
    Hi all.

    As I said a while ago. I'm buying and I'm not concerned at this time about the low price. And I guess I'm confident that with the news of commissioning and first sales the price will improve dramatically. My only concern is what happens when/if the European economy goes belly up. I don't think we can take China's economic heath for granted either. Having said that, if someone is still producing steel after a crash they still might want to do it cheaper than they are now. I’m hoping that’s the case anyway.
    Good luck all and enjoy the holidays.

    Thanks, Tez.
 
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