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1.6¢ ausquest limited

Do S32 only get 80% ownership if they are going to develop a...

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Rocksinmyhead

1,705 Posts.

221

15/05/24

19:17

Post #: 73843258
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Originally posted by rebel1: ↑

"Why would S32 buy it out they are entitled to 80% if they take it to production." because having a 20% partner would be more of a nuscience.. Payout AQd for its portion and move on.

Remember S32 are the ones that AGREED to do the drill not Graeme and the AQD crew. THEY are the ones with the interest and are spending the $$ AQD do the work and are paid the cots and 15% admin fee.

AQD do not have a history of glossy coating in announcements, normally they UNDERWHELM.

The fact S32 gave go ahead is interesting ion itself ...

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Do S32 only get 80% ownership if they are going to develop a mine or can they just sell their 80% of the asset without spending any capital.

Could Ausquest end up with the whole asset if S32 decide they are not interested?

AQD Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.6¢		Change 0.000(0.00%)		Mkt cap ! $13.20M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	125000	1.6¢

Sellers (Offers)

Price($)	Vol.	No.
1.7¢	387181	2

View Market Depth

No.	Vol.	Price($)
1	125000	0.016
2	235000	0.014
1	116000	0.013
1	200000	0.012
2	212600	0.011

Price($)	Vol.	No.
0.017	387181	2
0.018	1418249	5
0.019	5136692	4
0.020	1493145	5
0.023	458450	4

Last trade - 10.00am 29/05/2024 (20 minute delay)

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