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3,059.5 s&p/asx small ordinaries

AQG - nice Close > 4 mth Hi this week @nordesmic, thanks for...

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25/01/18

18:13

Post #: 30578269
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Originally posted by nordesmic ↑

AQG is really a valuation story. It is pretty thinly traded on the ASX and I’m not sure if short term chart is that meaningful. Actually traded strongly all day yesterday until the close when it got knocked back on low volume. Pretty wide spreads.

The AISC for the sulfide project is something like US$600/oz. They have one million ounces of stockpiled ore, ie ore with sunk mining costs. When those ounces are processed they will have massive cash margins.

Just a waiting game for mine until it rerates. Also feel the quality of the people/project is a notch above your average junior company going into production (less risky).

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AQG - nice Close > 4 mth Hi this week @nordesmic, thanks for your post

Last edited by Create: 25/01/18

XSO Value at posting: 2,770.8
2 Upvote

0 Great analysis

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