This VTEM is to assist the Geologists in their work in determining where to drill. Our share of the cost is around $120k so not expensive exercise as such. The salaries that Ausquest pay their directors is quite lean compared to other exploration companies and we have a great team working on the projects
Exploration is chance, however with S32 paying for the exploration work and drilling on our JV projects it minimises our risk, plus we get 15% of whatever we spend as an admin fee.
The company has to spend to explore to hopefully find something
We have results soon as well as people looking at our Peru projects . They may decide to do a partnership, we dont know yet .
Welcome aboard as a shareholder , read all the company reports and dont base your buying or selling on what you read on Hotcopper ..
The company has approx 50% of its shares held by the top 20. A solid base.
Ann: VTEM Survey commences at Mt Davis, page-10
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Last
1.1¢ |
Change
-0.002(15.4%) |
Mkt cap ! $9.076M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.1¢ | $16.93K | 1.441M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1156867 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.3¢ | 100000 | 1 |
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| Last trade - 15.43pm 18/07/2024 (20 minute delay) ? |
| AQD (ASX) Chart |