If CQTs ore is refractory as stated then CQT have a dog just like Gindalbie are building a magnetite processing plant when there is so much easy to process hematite out there. Looking back through history over 100 years in Oz and ore with poor metallurgy recoveries seems to be the one thing Australian investors including me seem to be oblivious to when buying into companies. I would prefer to invest in a .5 gram a ton laterite heap leach ore body than a a 15 gram a ton refracory ore body. I am curently getting sucker punched for investing in EVG which has refractory ore.
NQM Price at posting:
30.5¢ Sentiment: None Disclosure: Held
