APG 0.00% 0.3¢ austpac resources nl

Ann: Preliminary Final Report 30 June 2018, page-4

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  1. 49 Posts.
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    “The plan now is to produce 500kg of reduced iron/zinc oxide pellets for Stage 4, which will be sufficient to produce samples of pig iron and zinc oxide for market evaluation. This activity will commence as soon as funds are available” So when and where from are the funds going to become available?, what about the millions wasted already!

    “Discussions and negotiations have advanced with Australian and international steel producers and are well-advanced with one group”

    Talk is cheap, of course these companies are not committing as we cant even prove this technology works yet due to the incompetence of management.  There is absolutely no point in even seeing these people until we can go their and SHOW THEM our technology working (chicken before the egg).  I think its damaging the company by engaging these other parties as they now have their attention drawn to our lack of progress.

    No positives in this for me, again I hope they prove me wrong but I doubt it.
 
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