ASQ 9.38% 2.9¢ australian silica quartz group ltd

something is down, page-4

  1. 3,159 Posts.
    I have issues with these guys...

    Reason NOT being a lack of confidence in Bauxite or Darling Ranges but was due to a media article I followed up with the Coy.

    http://southwest.thewest.com.au/regionals.aspx?MenuID=274&ContentID=94022

    "Company executive chairman Luke Atkins said the exploration plans for the Manjimup area were in their preliminary stages and he did not expect to have the licence application granted for at least the next six to 12 months." -- 25th August 2008, 10:00 WST

    I contacted BAU about this because it severely conflicted with the "Q3-08" and then "Q408" they had been reporting to the market... I asked was this "Delay" relative to North and South Darling...

    BAU would not confirm which was accurate now or mid next year for licenses... And we still don't (didn't) have new licenses so I assume worst case.

    Decided to wait until BAU actually achieve something. My interaction with them did not inspire confidence.

    Just my 2c and decision - DYOR.

    Luck All!
 
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