QOL queensland ores limited

another one under cash backing, page-6

  1. 286 Posts.
    Great potential, poorly managed IMO. The company did a great job in bringing the palnt on line BUT were far too optimistic, underestimated the cash burn and ramp-up. They last raising was done too late and diluted the Sh%#t out of the SP. With the oppies out of the money = squeeze. I am down a substantial way on this stock. I do however hope the shipments will losen up some credit such that the company doesn't need to dilute further or worse still STOP.
 
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Currently unlisted public company.

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