Investment in AQX

Alice queen - small Cap Player in ASX with multiple prospects
Prospective Assets:
-Horn Island- Inferred resource of 500 K ounces+ potential to grow .

In JV with SBM. SBM has the right to earn in 70% and that excludes the already defined Inferred resources area and associated mining infrastructure. Hoping that SBM will start drilling there soon after positive DDIP Survey.
Reportedly ~~540 m (3 holes) infill drilling was done by AQX in preparation for future work. Assays were not released yet - The company stated they were expecting assay results in May. I tend to agree with a few other investors view that the inferred resource value itself is more than the company's current market capital.In my opinion the company is a bit slow on things but happy to wait.

-Northern Molong and Yarindury .

ALKs recent discovery at BODA brought in a lot of attention here and as you may be aware the boda east tenement is only a couple of 100 meters away from ALKs tenement. In my view there is greater chance of finding porphyry gold there. Currently as per company , they are advancing land access negotiations. It would be nice to see a positive announcement regarding the finalization of land access and commencement of drilling.
Again a bit slow on the progress providing opportunity for accumulation.

I wish to see the company updating the market regarding the progress and start drilling. I personally do not wish them spending the cash on directors fees and salaries.

All in my opinion- not financial advice.