Coldpplayerasx,
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.
Ann: Drilling confirms Mafic-Ultramafic Intrusion at Sovereign, page-68
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2.3¢ |
Change
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Mkt cap ! $6.482M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99000 | 2.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.0¢ | 338167 | 3 |
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