Don't underestimate the risk of investing in this company. They have a big ask raising the finance for the bankable feasibility study let alone the full scale plant.
The major players in the industry seem quite happy to let APG take the technological and financial risk of proving up the technology. Sure there are feedstock and offtake understandings but that is as much as the majors have done to help so far.
Obviously one can take an optimistic view, I'm just adding a more pesimistic one for balance. IMHO this has to be regarded as a speculative investment with the risk of failure being significant.
- Forums
- ASX - By Stock
- clippings file
Don't underestimate the risk of investing in this company. They...
Featured News
Add APG (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online