It's an exploration play.
They should have enough cash to have a proper poke around and if they strike a significant deposit at Viking the SP should do well, but I'm not a geologist so can't help with the probability there.
AQQ is a known resource, that's what I like about it. They have already spent about $25mill on the deposit and are in a good position to realise some of that value in the current environment.
AQQ Price at posting:
3.2¢ Sentiment: Buy Disclosure: Held
DYOR
