QOL queensland ores limited

They did use 85 cents in their analysis.Their operating costs...

  1. jooooooles
    683 Posts.
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    26/05/08
    11:24
    Post #: 3765632
    They did use 85 cents in their analysis.

    Their operating costs were $75.00 per tonne. That was back then.

    It will be signifacntly higher. Stronger dollar, record fuel prices, increase costs for blasts, higer labour costs etc

    The margin is getting smaller every day. That coupled by the fact that they're only pulling 150,000 tonne of ore out of the ground. Higher Mo & WO3 prices will only have a small affect on the revenue... Does any of the holders actually know anything about the off take agreement? I mean what discount is it at?


    QOL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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