you haven't factored a few things, and the presentation the company put out was wrong.
The "free-ride" position is a positive for ASQ not the other way around.
The western side (DEV farm-in the ASQ) are the tenements that are drill ready and also mining approved, not the eastern side (DEV 100%). The presentation they just put out got that wrong.
And the big one...... ASQ has a 46m market cap. DEV (with the newly issued shares that will trade from the 4th June) will have a market cap of $160m at 52c. Or nearly 4 x the price of ASQ.
ASQ Price at posting:
17.5¢ Sentiment: None Disclosure: Held
