AQA 0.00% $3.37 aquila resources limited

support and resistance, page-12

  1. 5,583 Posts.
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    Gindaldan, you'll find that the current market cap of AQA has now dropped to a level equivalent with the expected cash from the coal project sales.

    Didn't the Japs/Koreans recently agree to paying $5/t JORC resource at Roy Hill? By that measure, AQA's equity stake in the West Pilbara Project is worth $3b, apply some discounts and you'll still get a good price for the project.

    The risk of doing business with Australia is a bigger concern then CAPEX for end-users.

 
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Currently unlisted public company.

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