I understand that QOL do their own assays but that an independant surveyor is then required to separately assay the shipments in order that QOL can receive payment. The independant surveyor uses a laboratory in the UK and there is a quoted 6 week turnaround. Hard to believe that there are no laboratories in Australia that can do this work to the standard required - but could well be correct as we don't produce much (if any) Moly and very little Tungsten ore either. In the meantime the US$ price of Moly remains stable, tungsten prices are slowly rising and the falling A$ completes what s/be a satisfactory sales revenue scenario.
QOL Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held