APG 0.00% 0.3¢ austpac resources nl

Just some thoughts of where we could be heading from quarterly...

  1. 1,562 Posts.
    Just some thoughts of where we could be heading from quarterly report.

    1. Deal with Asia for ERMS Synrutile Technology.
    Quote from quarterly - " The Company proposes to sell the synrutile for use as feed stock for the production of Titanium sponge, an intermediate process in the manufacture of titanium metal."

    Looks to me like they already have a buyer for the synrutile from production. This might just be Kronos which have been sitting there watching APG's moves. If that is the case they will not want to lose control of the synrutile process to the Asians.

    2. Deal with USA for EAFD. Finish the NZIRP side of the plant in Newcastle and provide feasibility study for plant in North America.

    So what do we have. Americans that want plants in North America, Asians that want Synrutile and Kronos still holding APG shares waiting. This could if we are lucky become a battle for who really wants APG.
 
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