AQD 0.00% 0.9¢ ausquest limited

AQD is a must buy Gladiator... there are not many in resource...

  1. 12,115 Posts.
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    AQD is a must buy Gladiator... there are not many in resource sector that can perform this good.

    Results are pending from 30 holes which were completed well before mid April. Results are close perhaps within a week or two... fully funded by JV

    Drilling about to start at FR... capital raise was done for this drilling

    Another JV agreement is likely in Peru... A report is also due early July... and the overall value of existing JV is almost $34m

    Now all this for a market cap of 12m at 2.5c means it would be cheap at 7.5c... market cap would be 36m which would be fair value... Of course it might never go there but it is definitely cheap to make a way to 5c.

    Now look at AQDO... trading at 0.5c today can easily do 1.5c when and if the heads make 5c... 200% from these levels...
    Heads will make 100% and aqdoa might make 2.5c-2.8c... Which is again handsome but less than 200%...

    So I am holding few heads and AQDO...

    Cheers
 
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Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
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