QOL queensland ores limited

buy buy qol r.i.p., page-10

  1. 622 Posts.
    And , and , Fandango , another point might be interesting here , but it's only a longshot! Remember how they only owned 85% , ie the company that held the lease originally has 15 % free carry (one thing i wasn't all that impressed with )Well what happens if receivers are appointed , does everything on the lease(plant) revert to the original leaseholder ? or does the administrator or receiver retain rights over the plant . That is ,one would need to see what's in the original agreement. One would have thought shareholders would retain rights over the plant -but perhaps someone might ring the company to clarrify this.please remember , this is a sharemarket discussion si( chat) site and these are only my thought , & you should always do your own research before making any financial decisions .
 
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Currently unlisted public company.

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