Aquila facing a tough choice – sell assets to stay alive

Aquila has a series of large scale ambitious resource project but precious little income.

If timing is everything in business, this would have to be one of the worst periods in history to be a resource company with no production.

Aquila Resources, a group with all costs and little income, has been dogged by disputes with joint venture partners and delays in development, earning it the unenviable title as one of the dogs of 2013.

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