I thats a little unfair "blueskybaby". Market cap $35/40m with good and growing resource looks cheap. I think the zinc and lead very high grades are really significant. Being a con every additional ounce is important, and I've no doubt QML will be pushing hard to get this either into commercial shape, or to be well understood enough to justify a bolt on. Its early days in the program, base metals and particularly copper are in a long term bull market (refer any IB research report on Cu) this is near to all infrastructure needs.
Note the seed investors were 50% escrowed, so "Pre-IPO takers looking for the exit" is unlikely to be an issue now. It would only be low in value, I calculate the total available seed to sell at IPO was a touch below 7.7m shares and the volume since IPO has given ample opportunity for these to be done in need.
Go QML!
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- Ann: High-grade Copper, Gold and Silver Results from Mt Chalmers
QML
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5.7¢

Ann: High-grade Copper, Gold and Silver Results from Mt Chalmers, page-5
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Last
5.7¢ |
Change
-0.001(1.72%) |
Mkt cap ! $26.75M |
Open | High | Low | Value | Volume |
5.8¢ | 6.0¢ | 5.6¢ | $70.61K | 1.222M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 150249 | 5.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.7¢ | 255000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 150249 | 0.056 |
2 | 256396 | 0.055 |
2 | 355000 | 0.054 |
2 | 78467 | 0.053 |
1 | 6183 | 0.052 |
Price($) | Vol. | No. |
---|---|---|
0.057 | 255000 | 1 |
0.058 | 66594 | 1 |
0.059 | 201000 | 1 |
0.060 | 195448 | 2 |
0.062 | 60300 | 2 |
Last trade - 15.11pm 28/07/2025 (20 minute delay) ? |
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QML (ASX) Chart |