QIN 0.00% 29.5¢ quintis ltd

Ann: Suspension from Official Quotation, page-212

  1. 1,113 Posts.
    lightbulb Created with Sketch. 24
    I remember just last year, QIN had a CR of $60 mil to buy back 200 Ha as per their contract with growers.

    QIN had 5 mil trees over 12,000 Ha that's 400 trees per Ha. They paid the growers/ investors $300 K per Ha

    I read each tree on this Ha has 20kg of heartwood which makes about lets say 1/2 litre oil.

    Thats 200 litres per Ha. The oil is selling for $4000 per litre. That is $800K Rev. Cost $300K

    ORL share are sitting on about 1% margin They just said revenue goes down a couple of % they are out the door.

    Even if price of oil falls 50% for QIN they are still in profit. In their contract they probably have a clause where they can pay the growers less anyway.

    IMO
 
watchlist Created with Sketch. Add QIN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.