AQA
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0.00% $3.37 aquila resources limited

Ann: Request for trading halt , page-4

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  1. Ya
    5,477 Posts.
    lightbulb Created with Sketch. 1040
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    28/05/11
    22:49
    Post #: 8465771
    Street-talk in Friday's AFR mentioned them looking at bringing in a partner for Washpool deposit.

    UBS r handling the process (as r GSachs for the Manganese sale). AQA needs $3b for Pilbara, so divesting 2 assets (+ current cash on hand) & borrow $2bil should keep them on track in the west.
    AQA Price at posting: $7.59 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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