September Quarterly will be interesting on this one.
Defering income from moly ( stockpiling float conc. ) will slow cash flow into the operating mine.
Had hoped this one would get away, but risks did exist in the metallurgy that dont appear to have been addressed in the test phases. Or maybe the ore was different between testing and operations.
Who knows.
Hope they make it , but it will be tight.
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QOL
queensland ores limited
September Quarterly will be interesting on this one.Defering...
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
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