Nov 16 (Reuters) - Ausquest Ltd (AQD) :
- AUSQUEST AND SOUTH32 EXTEND STRATEGIC ALLIANCE AGREEMENT
- UNDER TERMS OF SAA, AUSQUEST RECEIVES AN ADMINISTRATION FEE EQUAL TO 15% OF MONIES EXPENDED ON ALL PROJECTS UNDER SAA.
- WILL CONTINUE TO MANAGE INITIAL PROGRAMS IN CONSULTATION WITH SOUTH32
- TARGETED PROJECTS INCLUDE COPPER, ZINC AND NICKEL PROJECTS IN AUSTRALIA AND PERU
- UNDER AGREED JOINT VENTURE TERMS, SOUTH32 MUST CONTRIBUTE A TOTAL US$4.5M TO EARN A 70% JOINT VENTURE INTEREST
- ONCE A PROJECT IS ACCEPTED BY SOUTH32 AS A DRILL-READY OPPORTUNITY, SOUTH32 CAN ELECT TO EARN A 70% INTEREST IN PROJECT
- UNDER AGREED JV TERMS SOUTH32 CAN EARN AN 80% INTEREST IN EACH PROJECT BY COMPLETING A PRE-FEASIBILITY STUDY
- CO, SOUTH32 TO EXTEND SAA FOR FURTHER TWO YEARS
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Last
$2.61 |
Change
0.020(0.77%) |
Mkt cap ! $11.75B | |||
| Open | High | Low | Value | Volume |
| $2.59 | $2.63 | $2.56 | $38.85M | 14.91M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 300 | $2.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.62 | 7079 | 5 |
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| S32 (ASX) Chart |