QOL queensland ores limited

My calcs put the insitu value of Mt Cannindah at around $360...

  1. 104 Posts.
    My calcs put the insitu value of Mt Cannindah at around $360 mill.

    So theoretically, working at 10% of ISV, equals $36 mill.

    So you can look at it 2 ways with the curtrent market cap.

    You are paying for 10% of insitu value of Mt Cannindah and getting Wolfram for free.

    Or you are paying for Wolfram (which MC doesnt even cover fully anyway at these prices) and getting Mt C for free

    :)
 
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