Ann: Fraser Range Project - Drilling Update , page-12

What the 27% share price reduction doesn't compute on how the market
Responded with with this announcement?

This is an earlier post from Ash Kumar on the 14th of Dec when the share price was 3.1

"Nickel is a mineral that can seen with eyes as the core comes out of the drill. To some extent you can estimate possible grade by visual examination. For example- if it is massive in nature that would result Ni grade greater than 2.5 or over. If it is disseminated Ni grade could be 1.0 or above

With over 100m drilling, AQD would be in a position to know whether it found nickel or not. But there is no official or unofficial ann "