One can only hope, the fact that they are producing is a positive. The fact that the market at the moment is in a mongrel mood is not. As one of our previous posters has suggested, they have a bucketload of material there, the fundamentals as to requirements vs useage still suggests that the product is in demand, albeit that may or may not change.
For mine they are in a prime position to continue producing, the AUD is at a very attractive position compared to six months ago, a few other moly producers, and I cite Vital Metals, have reduced commitments,and considering that QOL has an offtake for the next year at least, suggests tht they are in at least a position to weather out the storm. At least i hope so.
Not looking for competition amongst other posters, just expressing a point of view
QOL
queensland ores limited
One can only hope, the fact that they are producing is a...
Add to My Watchlist
What is My Watchlist?