AQQ 0.00% 3.9¢ aphrodite gold limited

Ann: Exploration and resource drilling update-AQQ.AX, page-31

  1. 7,788 Posts.
    lightbulb Created with Sketch. 189
    Just say the same quote in the 2015 AR. This is new though (below), opens the door to a JV partnership or selling 100% of the project before production, if the price is right...

    The JV partners would likely be a company with development/operating experience and capital (cash or the ability to borrow) they need to deploy to grow or maintain production.

    Plenty of potential bidders, both local and international. Helps that the deposit is in WA (#1 place to develop a min in the world) and close to existing infrastructure too. Timing is positive, as from the Macq Bank gold report, there has never been a better time to develop a gold mine in Australia


    There is lots of ‘potential’ value in AQQ, just needs the to be unlocked…I agree with your opinion and also think they are on the right track.


    Screen Shot 2016-10-02 at 8.38.03 AM.png
 
watchlist Created with Sketch. Add AQQ (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.