APG 0.00% 0.2¢ austpac resources nl

homework ? financials newcastle ears plant, page-19

  1. 710 Posts.
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    Bigplane -

    Kronos have also given us how much money now? They are in it until a plant is built and proven to be commerically viable or not.

    If we have a commercially proven plant this time next year, and Kronos are happy with the outputs, I can only HOPE the share price is in the 3c range at that time. In fact...the smart money was buying in the low 3c range late last and early this year.

    I'm not ruling out delays, that is certaintly the possibility. We had delays before (some for good reasons, some unexplained). We also have a court ruling pending, which is win/win for us. If we lose the ruling, we sell to someone else. If we win, we get $5m.

    I still ask you (and Buddy) - why do you still declare to own the stock. I'm all for being negative, but why havent you sold, if you are so down on the companies prospects.

    FG
 
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