news out, page-21

Beany,
of course I am referring to the very advanced JV
Maybe you should ask Renshaw to substantiate his statements made below in the December 2010 Quarterly
Corporate
QMC is currently in a number of negotiations in relation to the development and production of their Cloncurry south copper projects. The two main project areas are White Range and in the Sellwyn - Sellwyn north areas.
Discussions revolve around joint ventures for mining and ore treatment and third party ore processing. Negotiations have been progressed to an advanced stage and the Company is confident that they may be formalised into Heads of Agreement within the next few months.
QMC at the same time is progressing documents in relation to joint venturing and / or IPO in relation to its gold resources and gold operations which includes important plant and infrastructure with a view to develop production from these mines as soon as possible.

So how intent are you when you state progressing documents?
How long do we have to wait on the above updates which are way overdue ? Today's announcement whist's good also indicates more and more expenses
The only thing that is going to move this stock are JV which will provide cash-flow certainty
Otherwise you know what capital raising
Thanks