APG austpac resources nl

Follow on from ABC article. key words from ASX announcements

  1. 448 Posts.
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    The following statements are taken from ASX announcements from 1/2/21 to 14/7/20
    in my opinion they all can be linked to a possible partnership between APG and Bluescope.
    1/2/21
    The board has engaged with a number of parties with the aim to develop new projects to be launched in the business.
    A steel industry partner is being sought to continue development of the process to a commercial scale.

    Key words linked to ABC article. Engaged with a number of parties. (Bluescope, development,process, commercial, launched, aim. ( all very positive words with meaning and action)

    29/1/21. CEO presentation Colin IIes
    seek projects to acquire or develop
    strategy is to join with partners who will assist us by shouldering most of the operating and capital risk out of our project
    industry is focussed on recycling this product.( iron oxide dust globally a 18 million ton waste product from the steel industry
    APG ZIRP processes Zn and FE dust
    engage with steel industry to fund further development
    ( key points taken by me. Words project, acquire, develop, join with partners ( note plural Bluescope and possible USA companies) capital. ( possibly from NSW $750 announcement today)
    16/7/20
    APG is investigating partnerships with companies in the steel industry to develop a commercial plant for international steel market
    This process is in the early stages and engagement with these companies is part of the 2021/2022 business plan.
    Key words and statements investigating partnerships, ( plural) develop a commercialised plant, ( at Bluescope site). Having a 21/22 business plan indicates forward thinking . Process is in the early stages and engagement with these companies ( plural again)
    In consultation of industry participants and steel makers who have carried out analysis of the process, it has been recommended that a pilot plant needs to constructed that can run continuously for 6 to 12 months.
    companyis considering other funding options and projects which compliment the current asset.
    Key words participants,analysis of the process, consultation,recommending construction of plant,

    All this points to a commercial agreement with more than one company. Bluescope in Australia and the USA business. USA is going to spend big as it’s all related to climate change and jobs. Biden has stated this.
 
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