APG austpac resources nl

Hi ObiThe misspelling of corretc (sic) was supposed to be ironic...

  1. 853 Posts.
    Hi Obi

    The misspelling of corretc (sic) was supposed to be ironic and get at least a small chuckle. My comments on He/She in the other thread was an observation of the eagerness to sell when buyers built up to over 100,000 shares. I havent been able to pick up shares at 7.5c for a while and was appreciative He/She bit so quickly.

    In the current climate of fear it could go lower I know, and everyone has their own reason for selling so I don't stress on why it seems to be capped, that's the market.

    The value of the technologies will eventually break through as all three (ERMS EARS and DRI) give very significant cost and efficiency improvements in industries desperate to be more cost effective and efficient. The DRI has been proved, EARS should be straight chemistry and process control as long as the plant design is robust enough, so all I need to hear is the Continuous Leaching step wroked and the roasted illmenite produced in the first stage produces the HiTi syn rutile at spec.

    The rest is engineers tweaking the system to make it all happen smoothly and in the right order so that a BFS can be properly calculated to tick the big box that says "GO" for the 60,000 tonne plant, Corridor Sands and the EARS/DRI plants for Multiserve customers.

    Cheers

    Seik
 
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