APG 0.00% 0.3¢ austpac resources nl

Ann: Quarterly Report to 31 March 2018, page-7

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  1. 786 Posts.
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    It is beyond a joke mate. They haven't achieved ANYTHING!!
    This Stage 1 production test started in March 2017!! The plant still isn't at a satisfactory stage to complete Stage 1 despite raising $800k from Bergen and Sophs.
    We had 5 tonnes of furnace dust delivered to us 6 months ago just sat there doing f**k all.
    We don't hear anything any more about the buyer with 'significant minerals in Asia'. The guy is still missing in action in France...
    Nothing has been mentioned about the Patent application which was lodged 18 months ago.
    This new director Colin Isles came in, bringing lots of hope and expectations, other than acquiring us a shoddy Death Spiral Funding package with Bergen, what has he done?
    And all us LT holders can see exactly how this is going to play out... We will be sold many more deals and dreams and the SP will spike leading into the AGM late in the year.. Same as every year. This management team (which is made up of dinosaurs) completely lack the drive needed to get this technology proved up. Changes must be made!!
 
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