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
queensland ores limited
I'm told there's no currency hedging. But where are the sales?...
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