QOL queensland ores limited

Company has stated that its funds will be exhausted by Jan...

  1. jooooooles
    683 Posts.
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    11/11/08
    12:59
    Post #: 4486435
    Company has stated that its funds will be exhausted by Jan 09.

    That is about 6 weeks away...

    Price of Mo has crashed, i've heard reports of US $ 10 a pound...

    Major issues with the plant of which managemnt have down played. Its all doom & gloom for QOL.

    At current commodity prices this co is generating under $10 million per annum (assuming full plant capacity).

    Op EX @ $80.00 tonne = 12 million

    Sell out now while you can still get some coin!

    DYOR!
    QOL Price at posting: 3.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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