APG 0.00% 0.2¢ austpac resources nl

Has everyone given up ?, page-8

  1. 694 Posts.
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    Link  -  Thanks for your opinion.  However, I disagree - I think there is a good chance APG announce a solid deal with a major to fund the remainder of the plant.  I don't expect to hear this until mid-to-late Feb at earliest.  

    In addition - should the deal not go through, I would suggest that major shareholders would be willing to come up with the remaining funding required one way or another, though this would likely be significantly dilutive and not a preferred course of action (however it would be better than liquidation for said holders).

    APG is and always has been a highly risky stock to hold.  However at this level the pay off in the first quarter/first half could be significant if the deal goes through.
 
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Currently unlisted public company.

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