ASQ 2.50% 3.9¢ australian silica quartz group ltd

@smiddlemas - where do I start....We already have a very large...

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    @smiddlemas - where do I start....
    We already have a very large tenement holding that I'm sure is costing a bit on licence fees alone, and then we go and acquire more?
    We already have:
    (1) Bauxite: HD JV /buy-in in progress
    (2) Julimar: JV with DevEx, prospective for Ni-Cu-PGE
    (3) South Stirling: acquired based on one anomalous drill hole from a 2015 Iluka Exploration
    (4) Darling Range project: 3 deposits under a JV with HD mining
    (5) Silica Sand: at Albany, Gingin and Esperance, we have MRE but not much activity here.
    (6) Silica quartz outrops: 2 prospects in WA and 1 in QLD. No MRE, research ongoing.

    I wonder if we are spreading ourselves too thin here?
    Should we consider taking 1 of the most promising in terms of long life, low CAPEX and a ready market and develop that first in order to generate a small steady state revenue that can then support other projects?
    Sam, I have seen what you've done at Ardea - sterling work, but I cannot help shaking that feeling of are we trying to stand on too many boats on a fast moving river.
    There's also the distinct possibility that I'm over-reacting...
 
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