QOL queensland ores limited

the deposit is free, page-13

  1. 3,731 Posts.
    The key to the success of QOL is not the EV, or so, it is the mining life.

    You cannot expect QOL to make $30m when there is no more ore to mine after spending $30m.

    I guess the odds is pretty good since they have found some more ore already during blast. It is a difficult problem to decide whether to spend more money on exploration, or to conserve it for project development.

    Time is the only thing that QOL required. Be patient. I don't count Talbot out. If he like something, it must be good. He has bail out of JMS a few months ago, at least to a certain degree because he does not like it. So far we have not heard he sold out QOL yet.

    I believe QOL need some money. I hope Talbot will contribute some. The worst case is Warwick manipulating this stock, so he can get some cheap placement.

    Well let's see.
 
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