QOL queensland ores limited

Ann: Notice of EGM , page-8

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  1. 48 Posts.
    Hiya Sanyipenz1,

    As far as I know they've kept the same on-site management, which I believe to be rather a shame; given various events currently in the public record (check the Atherton Court appearances schedule for earlier this year).

    As for Metallica buying Wolfram Camp for a mere $2M, when QOL have spent $22M on the plant (which was a bit of a dud anyway, the conveyors were too light, the crusher was incorrect, the roller mills ground the wolfram too fine and much of it ended up in the tailings dam etc etc etc), I would sincerely hope they adjust their view of success from "Volume of Throughput" to Volume of Mineral Recovered". Pay the mill management of recovery, not throughput and you'll have a viable operation.

    They'd be well advised to have competent people from the word go, this time.

    Cheers,
    Ped
 
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