Headline:
Significant exposure to upside through 10 (funded) base metals exploration projects - aimed at identifying tier 1 assets and rapidly developing them through a tier 1 execution partner with a multi-billion dollar war chest.
- Upside risk on base metals targeted (Copper, Zinc, Nickel)
- Execution risk for hitting paydirt is low - through SA with S32
- Low downside risk on SP: exploration funded through ~PFS; dilution only likely beyond a PFS - but will have a Tier 1 execution partner
The ingredients are there for an explosion in SP - just need to hit paydirt!
----
TeamA, to answer your Q around limited SP movement.
Guessing the market hasn't seen this business model before and doesn't know how to treat it? Though it is up ~100% over the past 14 months, so it isn't like it hasn't done anything.
Also, as you mention TeamA: AQD has been around for a decade, raised ~40Mn, to date, limited success in hitting paydirt - some of its tenements (particularly Peru) have been in AQD's hands a handful of years - waiting for the right partner/funding mechanism to commence drilling program.
There's a Hartley's research report from Feb (bit dated now on the info but sentiment remains).
Hartley's Research Feb 2018. Highlights:
We maintain our Speculative Buy recommendation with a 12-month price target of 5cps... AQD is leveraged to exploration success, considered high risk but potential for high reward.
As always, not investment advice, DYOR.
- Forums
- ASX - By Stock
- AQD
- AQD Investment Case
AQD Investment Case, page-2
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
TG1
TechGen Metals kicks off airborne geophys survey at Sally Downs copper play – a first for the permit
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
Add AQD (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.076M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $4.886K | 444.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 94028 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 548900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 94028 | 0.011 |
3 | 2100099 | 0.010 |
4 | 315626 | 0.009 |
1 | 120000 | 0.008 |
1 | 200000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 548900 | 2 |
0.013 | 200000 | 2 |
0.014 | 30300 | 1 |
0.015 | 4192746 | 2 |
0.017 | 249998 | 2 |
Last trade - 14.50pm 02/08/2024 (20 minute delay) ? |
Featured News
AQD (ASX) Chart |