For all the shareholders in QMN this article will be of interest to you:
http://news.smh.com.au/breaking-news-business/oz-minerals-rejects-m-and-a-slur-20120118-1q65b.html
Most signficant piece in the article being a comment from OZ minerals CEO Terry Burgess made:
Mr Burgess said he was interested in assets that would produce 50,000 to 150,000 tonnes of copper a year and could be brought into production by 2015-16.
I would hazard a guess that Young Australia falls into this range with the JORC indicating 231,000 tonnes - a mine with a life of 4 years or there abouts.
This looks like a great opportunity for QMN to generate value for its shareholders - lets hope that we see some efforts to get this play going.
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