QIN quintis ltd
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Ann: Quintis successful in grower sandalwood tender, page-2

  1. hottuna
    3,053 Posts.
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    12/01/18
    09:33
    Post #: 30246926
    So QIN were top bidder (again) at A$79/kg of heartwood.

    At the previously claimed 3.7% oil content, that's A$2135/kg oil equivalent or USD1690.

    I think they adjusted oil content down to 3.1% so that'd be A$2550/kg (USD2010/kg).

    and for only 38 tonnes! What massive demand, ever increasing prices etc...
    QIN Price at posting: 29.5¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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