AQI 35.3% 2.3¢ alicanto minerals limited

Ann: Acquisition Doubles Ianna Gold Project, Guyana, page-5

  1. 487 Posts.
    lightbulb Created with Sketch. 43
    No. It means that they've already found the contractors for the Diamond Drilling.

    Junior explorers utilizes their geologist to define areas for the contractors to drill. They are subcontracted out to others. Usually big producers have their own drilling division but obviously requires high cost.

    They are planning to drill this quarter. Usually dependent on the depth, it'll take between 1-3 months between completion, and then another month or so for results to be processed in the labs.

    With AQI, this could be anywhere between 3-6 months. Would not surprised me to see them release the results in the Q2 2018, unless they find significant results and rush to process assay.
 
watchlist Created with Sketch. Add AQI (ASX) to my watchlist
(20min delay)
Last
2.3¢
Change
0.006(35.3%)
Mkt cap ! $17.20M
Open High Low Value Volume
1.8¢ 2.3¢ 1.8¢ $18.24K 863.5K

Buyers (Bids)

No. Vol. Price($)
1 47000 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.3¢ 3106 1
View Market Depth
Last trade - 16.10pm 18/09/2024 (20 minute delay) ?
AQI (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.