With QOL trading at less than 1 cent and no debt, is this really a bad buy? Surely the operation could be sold off for more than the market cap if worst came to worst. Is there still hope that the directors can bring in some money to sort out the issues with the plant? Could it be a goer if molybdenum and tungsten markets improve?
QOL
queensland ores limited
bargain or not?
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