QOL queensland ores limited

Try this for some numbers:A few facts (as taken from last...

  1. 8,838 Posts.
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    Try this for some numbers:

    A few facts (as taken from last presentation):

    1. Annual production
    60,000 mtus WO3 (now @ USD255/mtu)
    250,000 lbs Mo (now at USD 33.4/lb)

    Therefore annual revenue based on those production numbers and current prices and using AUD/USD of 0.93 (60000 x 255/0.93 + 250000 x 33.4 / 0.93)

    = AUD25.4 million

    2. Opex = ~AUD 75/tonne

    Annual opex = 150,000 x 75 = AUD 11.25m

    Annual Operating surplus (before annual capex etc) = AUD 14.15m.

    Is this a cheap story or not? You be the judge.....
 
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Currently unlisted public company.

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