My understanding is that debt funding will be acquired to complete the transition to full W/Mo producer. For what it's worth, this was the original plan at the time of the 35cps raising. W prices are holding well in US$ and increasing in current A$. Grades are as expected. Problem (now overcome) with the fines (clay) will lessen as ore extraction goes deeper. Mo will come on-stream in yrs 3 and 4 - as planned, 85-90% W till then.
Presentation - sure there was little new to posters on this thread - but it was produced for a different audience - if QOL mgt had not released to likes of us some of us would have found serious fault with that!
Let's give them a break - they are doing ok in tough times.
- Forums
- ASX - By Stock
- QOL
- presentation out
QOL
queensland ores limited
presentation out, page-8
-
- There are more pages in this discussion • 26 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)