Share price moving up on speculation of big announcement. It must be soon as it was hinted at at the AGM.
If it is what some think it may be APG will be home and hosed.
The last deal with a major saw the share price go from 3.0 cents to 21.5 cents. Its a shame the Indian Gov't canned it 18 months later. That deal valued APG by brokers and reports at around 43 cents.
But it looks like its on again only bigger and better and hopefully and more than likely in Australia.
Great for a short and medium term play.
The stock is so undervalued at 4.0 cents. With the technology alone worth 10 cents and Iluka have said they are interested in using it. There must also be some value for the CRL/Iluka deal, the Southern Titanium deal and the wim 150.
On another front Iluka are awaiting the completion of the APG feasability study for the CRL project. At the same time they are stockpiling their ilmenite because they do not have a technology.
It will also be very interesting to see Ilukas reaction when they see APG has got into bed with another major.
Cheers
- Forums
- ASX - By Stock
- APG
- big deal/big announcement soon!
big deal/big announcement soon!
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add APG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online