Alpha, yes, indeed they "only" have $1,3 million cash BUT.....
However, you tell me, show me, ONE company, any succesful company, which at one stage (or another) did not have to raise money ....
What REALLY counts, especially in today's mining environment, is the Quality of Your tenements....
AQD has (as you correctly noted) more tenements than most small cap companies, and what is of outmost importance....SOME VERY-VERY HOT IRON LEASES IN PILBARA!!!!!!
Cheers:)))
the next iron ore super stock..., page-3
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Mkt cap ! $9.076M | |||
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