QOL queensland ores limited

aud vs usd, page-3

  1. senoj
    2,630 Posts.
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    07/10/08
    17:03
    Post #: 4355087
    I'm told there's no currency hedging. But where are the sales? Seems an interminable wait from mine gate to receivables.
    Recent annual report commented on need for top-up finance from January 09. Always flagged from poor response to SPP. Management stated they did not expect problems with gaining this finance - but did not mention what form it would take. Would expect it to be debt - does QIC (Queensland Investment Corporation) invest in producers such as QOL?
    QOL Price at posting: 3.4¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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