Hi Guys,I haven't done an updated valuation, despite new...

Hi Guys,

I haven't done an updated valuation, despite new financial forecast being published in the recent shareholder update. I've been busy (just moved from London to New York). Will do so shortly and let you know.

However APG is definitely better placed now than it was in January, with better prospects for both ERMS and EARS (2 plants in the vision!!). My feeling is that an entry point at todays prices should bring rewards (just how big is the question) 9-12 months down the track when we get the Demo plant built and solid agreements on bigger plants are announced.

Earnie - I think it's very right to be skeptical of what one reads and who one trusts on this message board. There's definitely a lot of hot air floating around here.

FG