I agree the oppies are soon going to be worthless, almost no chance of getting back over 35c before expiry.
However i've been following this company for quite a while and i'm looking a taking a position over the next month or so.
I'd expect the share price to stay in the 10-13c range at least until the end of July. After SPP is out of the way and they start to get some production figures in there should be a change in market sentiment.
We'll be looking at a very different company in a few months. Cash in hand, no debt, in production with decent revenue and with good exploration potential.
They may or may not be profitable based on Wolfram Camp alone, but they don't need to be for the share price to head north. I'm hoping to see 20c by early next year, if not sooner.
QOL Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Not Held
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