It doesn't matter how the deal is structured the APG shareprice should follow the WEC pathway.
Take a look
While the APG share price on the comparison Comsec chart looks a little flat.....if you shift the APG share price across to the left a distance of 8 months , then APG will more or less follow WEC.
What are the benefits to BHP
Exclusive use in Africa Absence of CSIRO and trailing royalties such as occurred in WEC.
It seems the believers have been vindicated by the BHP technical staff. All parts of the recently assembled Demonstration plant have been tested on a 48 hour basis so the market testing tonnages will not be an issue.
I expect though when future funding is required ,a funding deal similar to the WEC deal will surface as it allows BHP to capture upside in the shareprice.(seeing they will soon be putting in more than loose change ...as was todays effort )
I'll open the Moet.
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
