This is not an exciting announcement, not the kind that we were hyped up to see.
Sometimes we may just have to accept the fact that at certain times, there is really nothing exciting to announce.
You see, exciting announcements may not be that good for the blood pressure. What if they said some younger, more energetic and more ruthless executive at Kronos is now suing APG for something else with bigger compensation sought or they have decided to cut their ties with APG and dumping their APG holding at 1c. Is that what we want to hear?
Or rather, do we want to know that everyone at APG (the important ones anyway) are alive and kicking and on the job, the plant is not destroyed, commissioning is moving forward, CMC mill scale is delivered (remember we have a contract with CMC) and problems being identified and resolved?
So we did not get a re-confirmation of the completion date but if we have held APG for as long as we said, then we should all know that date, whatever it is, is irrelevant.
The only minor setback I can see in the short term is another capital raising.
APG Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held