AQX 0.00% 0.5¢ alice queen limited

Lets say they under promise and over deliver a 2m oz resource,...

  1. 437 Posts.
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    Lets say they under promise and over deliver a 2m oz resource, then we have in situ gold worth about US$2.5bn and assuming in ground value at 4% that translates to about A$135m a large group like Newcrest might want to pay to privatise AQX - vs a current market cap of $22m.

    No brainer - this thing is massively undervalued, with several bags upside IMHO - Rock on 10cts before y-end!
 
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