AQD 0.00% 0.9¢ ausquest limited

Ann: AusQuest - South32 form Strategic Alliance, page-40

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  1. 1,739 Posts.
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    Hi All..

    Maybe growing copper demand is the key as the Indonesians have mining supply issues, and electric cars will use more Cu than petrol ones!.,

    Makes perfect sense to secure porphyry sites near ports, with massive tonnages if you are able!!.
    AQD has a range of targets with Ni,Cu, Au, Zn and others I guess, so any big hits will help.

    The important point is that S32 will be enabled to drill many deep holes (around 500m) into better grades of mineralisation (in good theory) rather than the others whom could only drill wider and shallower, so our odds are now much enhanced with a major partner with the required deeper pockets.

    SP will go up and down for a bit but reasonably and fundamentally there should develop an uptrend to the market capitalisation, as we know that S32 aren't in business to play, just to mine for strong profits, just like BHP.

    Be good to your family, keep up a very positive mindset, as it is beneficially, quite contagious!.
    Sarg
 
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