At current share price, its deposits are free of value. The market cap. is pretty much equal to cash plus plants and equipments.
While Moly and Tungsten are still in demand. They are associated with steel industry.
Small mine projects usually have high risk, but this one might be an exception because everything seems in place, except cost blow out.
Keep an eye on this, it could be a good one to have at current price.
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queensland ores limited
the deposit is free
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