AQQ is one of the cheapest gold stocks on the ASX working off mineable oz to MC according to the gold nerds spreadsheet. Money will start to move down from producers to advanced developers as the gold bull market progresses with investors searching for value and leverage to upward gold price movements. Its hard to see it going back down to 1.9 cents because even at the current 3.1 cent price it is ridiculously undervalued.
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ASX's most undervalued Gold stock, page-4
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