Can I go back for a moment to the AGM 2009. At the meeting everything sounded so good, the plant was only waiting for parts from aroung the world, especially vavles from Canada, and then it was game on. I spoke to JW and he said (and in my opinion believed) that the plant would be finished by Easter. I came out of the meeting well pleased.
Easter came and went, still the plant was not finished and so I phoned MT to find out what had happened to the vavles etc. He said APG was such a small company that the Canadian company kept putting the order back to deal with their other larger clients. I accepted that.
Still nothing happened. Fastforward to AGM 2010. After the meeting people were posting on here (in good faith) what MT had said to them, it made for interesting reading. This year I never bothered to speak to MT or JW because I now realise that both say what people want to hear, they have to.
They cannot say anything that is not announced to the stock exchange but by the same token they what to be polite to people. For obvious reasons they cannot say anything negative about the company.
Which leads me to the announcement we are all waiting for. Someone phoned MT recently and asked if it was still on track for February and of course he said what we wanted to hear. He could not do otherwise.
I cannot see an annoucement this month there is not enough time. All stocks rise on a rumour approx five days before an annoucement, then there is the approx two days trading halt, that takes us into March.
But after waiting since november 1999, in my case, who cares. Just get this great compant over the line, thats all I ask.
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