QMN 0.00% 16.8¢ queensland mining corporation limited

no stock why post, page-27

  1. 46,598 Posts.
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    Timski - There was a time that CDU were very interested in Morris Creek but now they have their M.L approved for a 10 year 3mt plant they really have no need for anymore ore reserve.

    The diagram blows shows how small Morris creek is - CDU have just got the EPM to the west for nothing more than the application fee and its 3 times the size. I doubt they would be interested in Morris creek unless it was going cheap.

    CDU were also not interested in white range nor it seems was Xstrata both companies would have had no trouble gazumping QMN.s $5m bid to the Matrix receivers.

    Cheers Hoot

 
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