APG 0.00% 0.3¢ austpac resources nl

AGM decisions, page-21

  1. 2,256 Posts.
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    I remember last AGM CI telling us that the government has a $400 million grant to companies that can solve land fill problems. He then went on to explain that unfortunately as the dust we recycle is dumped and not put into landfill it doesn’t satisfy eligibility for us to receive this grant. Why can’t we convince one of the companies to start landfilling the dust allowing us to apply for the grant and in return once money is received from government give them a licensing agreement?? This way no one has to stump up cash for Apg and they get a free licensing agreement for landfilling, even a small quantity enough to get us the grant?? APG received $400 million, share price flies to unimaginable figures, we all make a bonanza and management over the next few years make the full $400 million disappear as they’ve always done.

    It’s a win win win scenario, we make our 20c a share, company gets its licensing agreement and management manage to make ridiculous amounts of money disappear without finishing the plant??
    Last edited by TJ1988: 08/10/18
 
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