My thoughts also. the cash burn rate is alarming. AJQ would...

My thoughts also. the cash burn rate is alarming. AJQ would either need to stop pursuing JV's and start looking at producing which for all intensive purposes points to a potential capital raising in not too distant future. Shareholders will not be happy campers given 65% loss for those who bought in at listing. I have one mining share (GXY) in my portfolio and have been eager to get in on AJQ however reluctant as was burn't by capital raising and merger in GXY losing close to 40% in SP value. The AJQ share price is unlikely to rise knowing they will need to go to the market if burn rate continues over several months and they have to get the product out of the ground hence set upo. my thoughts only. DYOR