re: Ann: High Grade Cu Au Intersection at Gre... More infoEXS...

re: Ann: High Grade Cu Au Intersection at Gre... More info


EXS sold their Cloncurry Copper Project for $175m to Xstrata

They then themselves were taken over for $95m

So that was a total value of something like $270M for the company

Even removing the $40m cash they had in the bank that still valued them at a total of $230m

Gives you an idea of what these Qld Copper companies are worth as its all about location location location

QMNs White Range and specifically Greenmount is really shaping up to be another Cloncurry Copper Project replica

$175m = 22c QMN

Food for thought