I'm only new to this stock, so appreciate holders keeping me honest; however the strength in the options v's pressure on SP would suggest simply an overhang as players re-position total $$ exposure. Buying this stock at ~ 35c would appear a no brainer. Where is the downside? Facts being:
1. Cashed up
2. Resource price rising
3. Resource base in OZ
4. Access to infrastructure?? Is there a concern, from what I have read NO!
5. EPA - it would appear a rubber stamp
I held PMM in the early days and witnessed EPA concerns influence the share price. Whilst this was not the only factor it was significant. The rest is history. In summary QOL at <$51m market cap with near term production would appear an outright BUY!
This stock is simply suffering from fundamentals NOT promise which does not meet current market patience. With a 6 month time frame, this in itself is a concern.
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queensland ores limited
I'm only new to this stock, so appreciate holders keeping me...
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LITHIUM PLUS MINERALS LTD.
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