QOL queensland ores limited

work force moral is extreamly hi, most impressed!i asked the...

  1. 53 Posts.
    work force moral is extreamly hi, most impressed!
    i asked the question and from what i have seen they see the huge potential

    the on site mine manager, seems to be no fool very swithched on and hands on, practicaly minded, my impreshion is if any one will make it work this guy will on a practical, michanical, mining and work force front
    there seems to be not one ounce of fat on this site

    (show me any mine from nothing to production, new plant, all epa requirments, normal commishioning issues, new tech stuff to sort out ect all been compleated in 10mths!

    can not comment on cash flow i have no idea, but will say in my opinion if they have enough for a few months they will be flying

    all i can say is what i have seen, and normal commishioning for any plant, more so with this new type of mine and recovery prosses which is a first i think for many years

    seems to be a lot of critics, and honestly i am not a financial person, why the share price has coped a flogging i do not know and frankly do not understand

    if the mine goes down some one will pick up a very, very cheap mine on the verge of production with no debt, all the over burden striped ( a plant in place) and all infestructure in place ready to make money a couple of bucks behind them, walk in and have a mine in production
    making cash

    from what i have read, the company is now worth bugger all, but assets are huge in relitive comparison to current value.

    i wish i was a financial person to understand the other side of the equashion, i can only comment on what i have seen, and my expiriance in the mining game and comments i get from site contacts from time to time out of work

    regarding visit to site i have no idea
    sugest you try there town office in dimbulah and see how you go, i know as most mines, they dont have visitors usualy unless invited good luck.



 
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