RQL 0.00% 26.0¢ resource equipment ltd

what impact will the qld floods have on rql, page-6

  1. 602 Posts.
    Hope you got back in at the right levels S1mon.

    Just goes to show, mines are only getting deeper, and rain will always be a problem ....our little puppy looks like they might be in the box seat of 2011 given the impact the rain is having on mines, and the amount of anticipated new mines to commence operations which host numerous water issues.

    I'd like to see a really positive report out in Feb, then hopefully next stop is $0.80+ ....I'm looking at a 3+ year hold with this (minimum). I just hope they can sustain growth in line with demand, which seems to be extremely excessive right now ....these guys could potentially be operating at full capacity for 5+ years, especially when they hit offshore markets.

    Good luck all!
 
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