second level 6.5?n/c, page-32

re: 100% plus - as good as it gets - earnie Earnie.....

Correct me if i am wrong the main points of difference between previous run ups and and this one is perhaps the following???

1/ Prior S/P increases were based upon possible deals

a) India - Mineral Sands
b) Inco - Canada
c) and perhaps others

2/ This was seen as the bread/butter and then some for APG until regulations were unable to be met - most of which are outside the control of APG?

3/ Now.... there is the advancement of their technology by way of plant testing (NZ steel and BHP) last year...

4/ The technology is perhaps the closest it's ever been to 'technically' proven

5/ the opportunity for uptake may then be from interested parties as opposed to APG sourcing deals...

let me know what you think about this as this really helps to shed new light for me as a newcomer to APG!

CR8