QOL queensland ores limited

Perhaps the wording of this subject of this post is completely...

  1. 683 Posts.
    Perhaps the wording of this subject of this post is completely wrong which I do admit is my error.

    The figures show that they are producing a positive cash flow, but hell, you can go and raise 1 billion through a cap rasising and have cash flows of $1.00 every year and say that the company is profitable can't you!!!

    Its all about the decissions on what you do with your the capital on hand, they chose to progress with Wolfram.

    The BARE minimum is 7.5%. This is not what you want at all, you should be looking at something 15-20 % at least!

    There was no bankable feasibiltiy study ever done on Wolfram, so we don't know how they concluded that this was ever a smart decession to be made.

    Why do you think they raisd 12 million? When only a few million was required to finish the plant. These are serious questions.

    On the cash flows as well, do you know what a 5% increase on the opex per tonne does? This is not out of the question and is completely realistic.
 
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Currently unlisted public company.

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