AQD 9.09% 1.0¢ ausquest limited

Hey malcolm in the middleThanks for the reminder to ALL present...

  1. 871 Posts.
    Hey malcolm in the middle
    Thanks for the reminder to ALL present and future investors in AQD.
    Two very important items from your post are:
    1. AusQuest will issue Cleveland-Cliffs with 21,590,000 options with an exercise price of $0.40 per share and an expiry date of around 31 March 2011.
    2. Confirms Cleveland-Cliffs intention not to acquire further shares in AusQuest (other than in
    certain agreed circumstances) until the earlier of 30 November 2010 and the 2010 AusQuest.

    I believe that we will certainly see the SP rise to over .40c with ease, after all 21,590,000 x .40c is a lot of money in any language, and AQD management will most certainly not that slip out of their grasp, after all they will need it for future exploration and may not have to go for any Capital raising.

    DYOR, only my thoughts.
    Cheers
    I am the Dud
 
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