$750/tProfit = $620/t or > $10m/year ( Predicted Cashflow by...

<""09/07/2007 Presentation - Commercialising APGs Value Adding Tecnologies
BOO EARS Plant
Capital Cost 50 tpd plant = $6m
Opex = $130/t
Value > $750/t
Profit = $620/t or > $10m/year ( Predicted Cashflow by DEC 2008)

06/06/2008 Presentation to Investors
Commercial EARS Plant
Capital Cost 50 tpd plant < $10m
Opex = $130/t
Value > $850/t
Profit = $650/t or > $10m/year ( Predicted Cashflow by DEC 2008)

25/11/2008 Presentation
13,000 tpa Steel Waste Treatment Plant
Plant upgrade will take 3 months
Operating at 50% capacity , plant will generate profit > $3m/year

Wilcox,

And where did all of that went ? And where did all that money went to in the meantime as well ? You would have to admit that all of those promises/predictions are all so very much out of date, that it isn't even funny.

And we can't even lay the blame on the GFC, because, IMO, it wasn't in anyone's mind in those days/dates.

I totally agree with you that APG Management has to come out with something to upgrade those announcements in order to give shareholders and potential investors something to base their investment decisions upon.

Good luck mate.