AQD 0.00% 1.1¢ ausquest limited

News: AQD UPDATE 1-Miner South32 to buy back $500 million of its shares, page-17

  1. 581 Posts.
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    Just typical of a man.....


    AusQuest’s Managing Director, Mr Graeme Drew said......
    The receipt of initial funding from South32 marked the beginning of the strategic alliance aimed at generating significant new resource development opportunities. In the "Ausquest & South32 Kick-Start Exploration Program" announcement released on March 20th, 2017 to the ASX and Us .....


    But did not supply any dates!

    In my opinion, dates should be a must when supplying information as a matter of courtesy...
    I'm sure that South32 are being kept up to date on how Ausquest has spent their money & whether it has been successful dont you all think?

    The announcement proposed the funds from the initial funding was to be as follows:
    • US$0.5 million to identify drill targets at the Jimberlana, Balladonia, and Gibson Soak (Fraser Range) nickel projects in WA;
    • US$0.5 million to identify drill targets at the Chololo and Los Otros porphyry copper projects in Peru; and
    • US$0.5 million for ongoing project generation activities. Additional funding will be provided by South32 for the Blue Billy Joint Venture once a drill program has been agreed.

    Additional funding will be provided by South32 for the Blue Billy Joint Venture once a drill program has been agreed.

    So Where we're all up too is anyone guess, I am sure though that today we are closer than where we were back then.....
    Last edited by whatshername: 10/04/17
 
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