RQL resource equipment ltd

It would seem that the issue in Nth QLD is the area is so...

  1. 603 Posts.
    It would seem that the issue in Nth QLD is the area is so flooded, there is nowhere to pump the water too.

    See COK-COCKATOO COAL re; announcement on flooding, determining how to best manage the complex issue of mass flooding onsite.

    I'd say when the flood situation settles down, it will be roughly around the same time that RQL gets its next batch of evaporators, perfectly demonstrating the timing process required between ordering equipment and signing off contracts.

    Next 3 - 6 months should bring in lots of business for RQL in Nth QLD. I guess the floods could not have come at a better time for RQL's bottom line and growth plans ... unfortunately as they say, one mans downfall creates another mans opportunity.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.