QOL queensland ores limited

first shipment of wolframite to china, page-5

  1. tinnitus
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    17/10/08
    17:41
    Post #: 4402168
    Sorry
    Most of message didnt get through.

    5.5 tonne of Wolframite conc. might contain 65% WO3
    This gives 3.575 t of WO3
    Now WO3 is sold at recently $190 - 210 US/mtu with an MTU equal to 10 kg of WO3 at 65% grade
    So they have 357.5 mtu at say $190 US/ mtu ( This is untested cuase they dont say anything about impurities )

    Thats $67,925 US , or at say 70c exchange rate about $97,000.

    OR Not very much for all that work
    QOL Price at posting: 3.3¢ Sentiment: None Disclosure: Not Held
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