Firstly, unless you bought shares in the last 4 weeks, then there is very little chance of being underwater. I imagine someone out there is, but certainly not the majority. Look at the trend of the share price over the last 1,2,3 years.
Secondly, AQD has a strong book of work ahead. From the "Quarterly Activities & Cashflow Report 28/07/2017":
The following activities are planned for the September 2017 Quarter:
• Jimberlana (Ni-Cu) – Complete EM survey to identify drill targets;
• Balladonia (Ni-Cu) – EM surveys to identify drill targets;
• Blue Billy JV (Zn) – Diamond drilling (4 holes/3100m) to test for sediment-hosted zinc;
• Peru (Cu-Au) – Commence drill permitting for the Chololo porphyry copper prospect;
• Peru (Cu-Au) – Complete mapping & sampling at Los Otros porphyry copper prospect;
• Peru (Cu-Au) – Complete IP survey at Cerro de Fierro to identify drill targets; and
• Project Generation – Identify at least one new exploration opportunity.
This is for the September quarter only, plenty of catalysts here for share price movement.
DYOR+GLAH
AQD Price at posting:
1.6¢ Sentiment: None Disclosure: Held
(20min delay)
