QOL queensland ores limited

My understanding is that debt funding will be acquired to...

  1. 2,617 Posts.
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    My understanding is that debt funding will be acquired to complete the transition to full W/Mo producer. For what it's worth, this was the original plan at the time of the 35cps raising. W prices are holding well in US$ and increasing in current A$. Grades are as expected. Problem (now overcome) with the fines (clay) will lessen as ore extraction goes deeper. Mo will come on-stream in yrs 3 and 4 - as planned, 85-90% W till then.
    Presentation - sure there was little new to posters on this thread - but it was produced for a different audience - if QOL mgt had not released to likes of us some of us would have found serious fault with that!
    Let's give them a break - they are doing ok in tough times.
 
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Currently unlisted public company.

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