Point taken however it takes money to build a company and that's what AJQ's doing in a very rapid manner. I think $20mm/y income is not a bad effort for what was a pure exploration company a couple of years ago. The true wealth of a mining enterprise is to prove up its' assets I.E. NQ, NT and Africa . A mining company cannot be valued in a similar manner to a fish and chip shop, for instance check out the debt burden build by Gina and the debts carried by BHP & Rio as they value build. It's how the industry works.
AJQ Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held