APG 0.00% 0.2¢ austpac resources nl

predator or not, page-5

  1. 479 Posts.
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    The SP is doing nothing/going down as management have been promising to deliver something for the past 15-20 years and delivered absolutely nothing but test results, licences and MOU's that go nowhere. Even after they finally manage to get a commercial plant going they are still going to allocate time to testing new stuff with the plant which means the plant will never run at 100%. At best it'll cover wages imo. Worse case, at a loss. Management need to focus more instead of haring off after the next big idea.

    APG has/had great world leading tech. Problem is, management are inept at selling it. I'm surprised some Chinese company hasn't pinched it yet.

    Just my opinion. It's worth a gamble at these lvls though as the usual crowd will run the pump and dump again sometime soon or perhaps they'll let it go lower.....
 
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Currently unlisted public company.

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