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clock Created with Sketch. 18/12/21
08:16
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very well said, it’s also worth noting that Newcrest only pulled out off Mendooran because the approvals were being held up and they lost patience. AQX management not only kept plugging away and got the approvals, they also got $200,000 from the NSW govt’s New Frontiers Co-operative Drilling initiative. I’m very excited about Mendooran and it’s testament to the work the management have done that the pathway to exploring that exciting region is clear
Originally posted by wardlawuk:
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you should do better research you clown. Do you know how much drilling ALK did before they hit the Boda finds? Look it up they’d drilled thousands of metres. That’s often what it takes before you hit a winner. With limited financial resource AQX did what they thought was right. And according to John Halliday the holes they did complete proved was that AQX were in ground that was geological consistent with ground that has the characteristics that bears gold and copper……can you say if you’re a substantial holder of AQX? You seem to have a lot of time to waste posting a barrage of negative comments about the company. I believe it’s downramping rubbish which has significantly caused the share price to drop. Stupidly you are making it more and more difficult for the company to raise capital at reasonable price. The consequence being we all get unnecessarily diluted. With Nick Mather coming on as an advisor I’d say we will get a lot more attention. The geo team are also renowned experts in their field. It’s the management team who have put the geo team together including getting Nick Mather on board. They are also the ones who were able to negotiate the deal with Torres Straight Islanders for the right to mine the islands after it had been decided there would be a decades long moratorium on mining after the last idiots left the place is a disastrous environmental state. A lot has been achieved for a small miner. That’s what makes a good explorer. Had SBM not pulled out unexpectedly we’d be in a very different place to the current position.
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