that we learn nothing from history sp august2006 2 cents 7/9 wif of bhp interest 4.5 13/9 retraceto 2.9 40% drop then gradual climb to9c16/11 on expectations of bhp completing tests in newcastle and reporting
sorry no report but on 23/ 11/ 06 mt reports on fantastic gold situation but thats not wat we want. 12/12 sp retreats to 4.3 for 5 minutes and finishes day at around 5.4c again around 40%drop speculation bhp will make announcement sp rises to13c on19/3 but retraces then up to19.5c on expectations of same announcement and retraces to15c on 2/5 excitement builds on expectation bhp will buy in at a premium 25c but oh gosh they only buy in at a 20c premium 14/5 but a fantastic announcement oh dear we are dissapointed again. so s.p. falls to 13.5 today but if it follows form it could do a 40%drop to 12 c or even an intra day drop to 10c. so what are the facts APG have never been in a better position BHP are keen to finish the plant thats why they bought shares at a premium to allow APG to complete the task.
but yourself in BHPs position would you have dreamed up a licencing agreement before the project is complete or would you have an agreement before all the polants are built and pumping out 98% pure tio2 No one would be that dumb and looking at tweeks calcs just the ears should value APG at 50c / share don't be be supprised to see a licencing agreement pop up out of left feild not to speak of agglomeration 6million to build a plant that will produce 11mill in a year -- and how many coys will want that gold near sino similar geological structure 4 gold fields and shares sold today for 13.5c????? yes thank you very much i picked up 800,000 imho it was theft
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held