presentation, page-4

Hi Earnie,

While it is true that Mike Turbotts presentation was listened to closely and attentively the two things that APG should note is the feedback from the floor (seasoned investor and broker/banking types) European investors in general do not like penny stocks......it's an image thing.....how can you brag to your friends you have bought a 10 C share v's RIO at $100 per share.

APG should consolidate at 20 : 1 was the feeling of the floor!
Investors would be looking for more patent protection than M T outlined at the presentation.

But as the whole agenda of companies presentations on the day was aimed to showcase Australian technology it should only be viewed as soft early marketing for APG

The important thing is to absorb the feedback