vicinity, page-14

rowscoe, I was just thinking that if AQD had a clearer model- something like proving up assets- "adding value" as they say, and then flipping them, as some other companies do, then this would be an easier company to understand. It has sold some assets successfully in the past - and I note that it doesn't really come to market for cash. It's just hard to know what the end game is for AQD. It calls project generation the "lifeblood" of the company, but at some point, the market wants to see revenue generation, not just project generation.

A huge suite of assets, and it's drilling holes all over the world. With virtual cash-backing as market cap, there is no market attribution for any assets at all. And then, in the Quarterly, it says this:

"BUSINESS DEVELOPMENT

The Company continues to evaluate opportunities both within Australia and offshore with the aim of adding value to the
Company. Priority will be given to exploration properties with drill-ready targets, especially in areas of immediate
interest to the Company."
___________

So, it expects to enter assets, but has no exit strategy for assets it has worked on.

The posts you've made have been correct- if it finds a few elephants, it could be away. But without elephants, it just has to be a working dog and be self-sustaining.