ASQ 24.0% 3.1¢ australian silica quartz group ltd

Ann: Dispute notice issued to Yankuang Resources, page-6

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  1. 1,023 Posts.
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    I agree the story has huge upside potential IF they can get their bauxite to market. If it turns out that their deposits are stranded for whatever reasons, e.g. no available port capacity nearby or hostile locals, then perhaps they should admit that despite their large resource, there is no business opportunity here at the moment and wind up the company and distribute the cash to shareholders. Share price is bad enough as it is, there's no telling how far it would have plummeted if it wasn't for the massive cash backing.
 
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