AQX 0.00% 0.7¢ alice queen limited

Datt's take on AQX

  1. 8,308 Posts.
    lightbulb Created with Sketch. 2690
    https://www.livewiremarkets.com/wires/alkane-resources-a-boda-cious-update

    Alice Queen holds the ground only 600 metres east of the latest Boda drill collar with various faulted structures, most prominent being the Belgian and Sullivan faults, running directly into Alice Queen's large tenement that has never been tested. This ground at Boda East must surely be the hottest exploration ground in Australia, especially considering that Alkane appears to have found the western extent of Boda's mineralisation. Our research suggests the average width of commercial porphyry deposits to be over 1 km, with multiple deposits clustering within a radius of 3-5 kms. We also note that should Boda prove to hold a commercially viable deposit, it is highly likely that any mining lease application would have to extend into Alice Queen's ground given the nature of cave mining, making this an extremely strategic and valuable parcel of land.Alice Queen we expect will be very interested in Alkane's results going forward in addition to their exploration works on the other side of the fence. The company controls the entire northern part of the Molong Belt, a large area of approximately 700 square kms. There is no doubt that Alkane among others are observing the efforts of their junior neighbours to the
 
watchlist Created with Sketch. Add AQX (ASX) to my watchlist
(20min delay)
Last
0.7¢
Change
0.000(0.00%)
Mkt cap ! $8.028M
Open High Low Value Volume
0.7¢ 0.7¢ 0.7¢ $129 18.39K

Buyers (Bids)

No. Vol. Price($)
3 1396865 0.7¢
 

Sellers (Offers)

Price($) Vol. No.
0.8¢ 341950 2
View Market Depth
Last trade - 14.38pm 14/08/2024 (20 minute delay) ?
AQX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.