QMN 0.00% 16.8¢ queensland mining corporation limited

maiden jorc ..., page-15

  1. 389 Posts.
    And what an announcement it was !!!

    Horseshoe doesn't rate a mention in the Isa conference presentation or in their Feb presentation or in the July quarterly report.

    QMN can buy a 75% interest which barely rates a mention in today's maiden jorc announcement. Telling/reminding us what the terms are would be helpful.

    I agree this will take a backseat to Greenmount/White Range but it's a nice little sideline and could provide some cash flow apparently.

    I reckon the shares fell because people were confused (any wonder) and may have thought "is that all they've got after finding 72m at 3.8% copper"
 
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