With today’s excellent announcements confirming we now have a significant bank balance to tap into to pay the ongoing APG expenses to run the Company on a daily basis and to at last finalise the construction of the plant upgrade during the first half of 2013 this should be seen a fantastic news for all holders and future investors.
Confidence should now be in abundance as we now know that during the latter part of 2013 we will start to earn some real income. This is what the market has been looking for from this Company for a number years now.
Where does the SP go from here? Twelve months ago, to this day, the volume of shares traded totaled 1,076,000 with sales varying between 4.3c to 4.5c, closing at 4.5c.
I honestly believe we should be closer to this 4.5c mark within the next week or so as the market begins to understand the significance of these excellent announcements released today. As FT mentioned in his recent post (not on this thread) we should be closing in on the 10c range once the plant is completed, income earning contracts are signed and the work commences. This should all occur within a 12 month timeframe from today!!
Finally there is some real light in the APG tunnel at last, and it ain’t just that train that always seemed to block our path and kick us in the guts over the past two years or so!
Happy days ahead indeed, and about time.
JAWSY:)
APG Price at posting:
3.4¢ Sentiment: Buy Disclosure: Held
