Hi everyone
Had a quick look at QOL tonight.
Has a market cap of $24 million but it has a new plant nearing completion worth $30 million. Plus mining due to start with an offtake agreement and other tenements in Queensland. Certainly appears to be worth a lot more than 17 cents.
I know they need cash in the near future but at this stage it appears QOL is the bargain of the year with what it has at the moment.
Am I missing something with this one or is it worthy of a large investment at this price?
Cheers Cobby
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