Hi Ca1994, its anyone's guess as to how far it runs, when the next deal will be and what's involved!
Speculation of a recent but then delayed deal saw the sp run to 1.8 and that was on mild speculation.
The sp was 1.4 when it was announced that Kronos withdrew from legal action and the sp went to 4c
In the current climate many investors/punters are chasing stocks with an sp below the 1.0c level as it opportunity to huger returns on investment . The technical boys with their computers will also jump in.
The deal we are waiting for "APPEARS" to be significant with hints of two other companies involved
with a large mineral sands deposit overseas. My guess the capital currently being secured will ne between $30m and $80m
Many think this deal has the potential to take the sp to over 5c however as many stocks have gone from .005 to 9c plus on hype so it could be higher.
It may only get to 3 or 4...... we need to get the deal signed fist otherwise we have nothing!
Cheers
APG Price at posting:
0.7¢ Sentiment: None Disclosure: Held
