Ann: Short-Term Funding Secured to Queensland Ore, page-19

re: Ann: OUM: Short-Term Funding Secured to Q... Yes Stats , pure unbelievable , I recon QOL management are trying it on . Shareholders coughed up 40 million in two lots to build a plant -which opperates for 4 months & they shut it down on the pretext that they are too incompetant to opperate it effectively, because it wasn't designed right. Just say there was someone in that area who could truck ore there for milling & could adapt the plant to suit their needs (bingo plant for $600,000 - nice present from QOL shareholders . .They would only need the plant wouldn't they , they wouldn't need the low grade Cannindah that(was it) Newcrest didn't want .QOL has already said that money would nun out in January , so where are they going to get the money to pay back the loan .Sure looks like their setting Outback up , one never knows they all might go over there & leave the QOL shell to the shareholders