APG 0.00% 0.3¢ austpac resources nl

Hi Cozzie, May well be the case but "E", the Board and a few...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 386 Posts.
    lightbulb Created with Sketch. 82
    Hi Cozzie,

    May well be the case but "E", the Board and a few others have done very well out of APG at investors expense.

    We have a plant that has been redesigned and refurbished/reconditioned many times, the redesign maybe is justifiable (if the eventual task has changed) but refurbishing/reconditioning a plant that has done bugger all work leads me to think that the plant and process is fundamentally flawed - by this I mean that it may well work in theory and in trials but in realty the process is so corrosive and degrading to the plant that this in itself will limit its commercial viability.

    I hope that I am wrong as I have held APG since October 2000 and seen and watched it all unfold.

    That would be coming up to 17 years, never sold a share and even brought more - not one of my most impressive investment decisions.

    Newbie Thomas
 
watchlist Created with Sketch. Add APG (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.