QOL queensland ores limited

why i think its a great buy in the low 20s

  1. 404 Posts.
    Stock traded 50 cents pre rights issue at 35 cents .Half the capital in the company is in at 35 cents .It was an explorer at 50 cents & is an emerging producer at 22 cents .If they were to do a rights issue at 20 cents , at this level one would have an average cost of 21 cents .A sweetner option would potentially lower cost further .i have no intelligence on this one , but it's interesting to see the Chinese cutting back on their production of these exotic minerals & it's interesting to see them taking positions in many emerging miners eg AGM , FXR .Who knows here , it's sure cheap enough , i'm calling the bottom as i think it's cheap as chips. Also interesting recently to see the hedge funds recently trying to corner markets in exotic strategic minerals
 
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Currently unlisted public company.

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