When you compare AQD to LRS you get a very interesting picture
LRS 310m shares on issue Mkt Cap @ 4.3c = $13.5m Cash $2m maybe less after drilling
Assets are all Peru focused Copper Porphyry and IOCG targets
AQD 300m shares on issue Mkt Cap @ 1.4c = $4.2m Cash $600
3 Asset areas
1. Peru Copper Porphyry and IOCG like LRS Mkt Cap $13.5m
2. Fraser Range projects like MPJ SEG RTR RMR all have Mkt Caps $5m-$10m
3. West African Gold farmed out 80% for $7.5m so implied value $2m to AQD
Based on peer comparisons AQD has an implied asset value of $20m-$25m or 5-6x its current valuation
Concluding a farm out on those high impact Copper Porphyry projects will be the catalyst for a big rerating imo as then it becomes another LRS type play but with more irons in the fire and diversification with other assets and in other areas
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When you compare AQD to LRS you get a very interesting picture...
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $8.251M |
Open | High | Low | Value | Volume |
1.1¢ | 1.2¢ | 1.1¢ | $16.64K | 1.490M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 250000 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 248666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 0.012 |
3 | 796457 | 0.011 |
4 | 454499 | 0.010 |
1 | 80000 | 0.009 |
4 | 472241 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 382388 | 2 |
0.016 | 170000 | 2 |
0.017 | 100000 | 1 |
0.018 | 27339 | 1 |
0.020 | 280000 | 1 |
Last trade - 14.12pm 27/11/2024 (20 minute delay) ? |
AQD (ASX) Chart |