AQD
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10.0% 1.1¢ ausquest limited

beginning of the active production season, page-10

  1. young-trader
    7,117 Posts.
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    15/03/10
    11:16
    Post #: 6448196
    I still think its AQD's Rocklea deposit next door to and running across into MMX's lease that has the most value

    If we view it like this, as the current JORCs stand MMX have 3/5ths of the CID (90Mts) and AQD have the balance 2/5ths (60Mts)


    To make the project Viable you need all of the Ore to spread the Cap Ex across and keep the profit margin up, 2/5ths isnt enough neither is 3/5ths

    so IMO watch for an outright sale of this project to MMX or a JV with MMX
    AQD Price at posting: 12.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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