QOL queensland ores limited

Joooles, I'm not sure those numbers are right.QOL has stated...

  1. AnDy62
    3,353 Posts.
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    08/07/08
    22:04
    Post #: 3965568
    Joooles, I'm not sure those numbers are right.
    QOL has stated Molybenum Oxide grades of around 0.17% (see their presentations), you converted this to a pure Moly grade of 0.102%. However, the $33/lb refers to Molybdenum Oxide (Molybdenite) not pureMolybdenum-

    www.minormetals.com

    So, you are understating the worth of their Molybdenum by around 40%. Also, they've said they will gear up production from 150k?
    QOL Price at posting: 0.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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