Aquila is diversified, not just limiting itself to iron ore but heavily into coal (which is adding to their mountain of cash and constantly expanding - these mines have monumental mine lives)
It looks as if AQA have found and will eventually define a huge manganese resource in Sth Africa and iron ore for good measure.
Diversified business models (ie- BHP, RIO, OXR etc) are the miners that last the distance and become blue chips
FMG is a one trick pony that got lucky - make no mistake, AQA is a quality stock that will grow exponentially over time
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EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
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