AQD 0.00% 0.9¢ ausquest limited

Hi Rebel Agree with your sentiment. Ended up with another...

  1. 75 Posts.
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    Hi Rebel

    Agree with your sentiment. Ended up with another smallish parcel of 360k at 1.7c - couldn't help myself after having said I was comfortable with my exposure. The current price vs. Value equation doesn't make sense, even at 2.2c.

    Though just a call out on risk vs. Reward. Have to remember AQD is an explorer and be prepared to lose it all....Yes, upside risk is substantial, but downside risk is equally as likely.

    I love the fact that Graeme and his team don't hype their progress - would be disappointed to see this turn into another 'saudi Arabia of lithium' or rubies or yellow cake hype train where advisors, socials and media have the effect of fleecing the average punter. When something is found, s32 will be onto it - combined technical, commercial and legal/reg due diligence will be squared away and you can bet if s32 picks it up, the financial investment decisions should be as bankable as they come. Will also know if s32 isn't interested in progressing they will have made a sound choice behind it. No need for spin.

    I initially got into AQD for the nickel and zinc exposure so great to see this progressing.

    Here's to sitting back and watching the story continue to unfold. DYOR as always punters.
 
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Last trade - 16.12pm 22/11/2024 (20 minute delay) ?
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