AQD 0.00% 1.1¢ ausquest limited

Annoucment just out - Cliff's cancelling it's 29% shareholding...

  1. 623 Posts.
    Annoucment just out - Cliff's cancelling it's 29% shareholding in AQD for a 70% interest in Standley Manganese tenaments. AQD to spend up to 1 mill on it in the next 2 years and then Cliffs to spend a couple mill on it. Seems like a good deal for AQD. At today's prices reduces it's market cap to around $7 mill - only a couple of mill above cash backing.

    Cheers
    hots

 
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