QHL has plans, but these plans would take YEARS to develop into actual profits and probably a decade away from a dividend for shareholders. For me, all I see is wasted capital expenditure, high overheads and sunk costs. A new factory without the flare casings contract----->wasted capacity and cotinual associated costs. Partnerships but all are miniscular in terms of revenue and profits, not HIGH VALUE/HIGH MARGIN. Hey, Aussie miners avg. Cost for Iron Ore is USD14/tonne, but sells for USD350/tonne. Hey, that is what we want to work towards, not be bottom feeders living off sub contracted work of other companies. Directors buying shares only intermittenly and small amounts, and holding miniscular stakes, shows the LACK OF CONFIDENCE in their own company despite fat paychecks/performance options (which they gladly let lapse) The way IMO for QHL is to have an institutional investor to buy/suppprt the share price, and maybe even have the ability to open some doors/contracts. Yes, QHL can turn things aroind, but it would take a significant shift in managment style, and probably direction to stop the slide in SP. Good Luck everyone, but don't catch a falling knife, wait for more direction. I've been monitoring it for ages, hoping to enter and build a substantial stake, but maybe I should find a few friends and take the co. Private when the SP is cheap enough. LOL.
QHL Price at posting:
4.4¢ Sentiment: None Disclosure: Not Held
