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0.00% $3.37 aquila resources limited

initial inferred yallen hemitite jorc 112mt.., page-10

  1. Atma
    520 Posts.
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    06/06/08
    12:37
    Post #: 3825076
    i don't think aqa project is any good. requires nearly $4bn in capital exp. has to build a rail/port w/ AMCI. thats too much money for only 30mT iron ore output(which is just CID grade). its better to buy something with lower capex, that way when io prices turn down it didn't spend/waste al ot of money. a good example of a low capex iron ore stock is BCI or even an AGO.
    AQA Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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