CQT
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0.00% 51.5¢ conquest mining limited

re: Ann: Advanced Off-Take and Debt Negotiati... KEYMAN,You...

  1. ex-Yank
    486 Posts.
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    01/09/09
    12:46
    Post #: 5581495
    re: Ann: Advanced Off-Take and Debt Negotiati... KEYMAN,
    You don't get a smelter for $80 million! That's why CQT is planning to sell a precious metals concentrate to a Chinese (or other) smelter/refiner. But for CQT, that plan should produce quicker cash flow and a MUCH lower capex nut to crack.

    Like the classic business advice goes "HAPPINESS IS POSITIVE CASH FLOW!"
    CQT Price at posting: 64.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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