QMN 0.00% 16.8¢ queensland mining corporation limited

Ann: Quarterly Cashflow Report , page-13

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  1. 6,992 Posts.
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    agree amendigo, but was glad to see it still there today as it was a late Ann. There would be no doubt QMN shares are being closely watched, just look at the amount of hits this thread has had in 4 days.

    Its just a short matter of time before this is back at high teens and then another push from there to who knows where. If any of the news in the Ann comes off then hold on.

    Selling a mine to Ivanhoe is great, no more dilution, cash to spend on bigger priorities. If there is a JV partner for white range they front the cash for ALL the production and had QMN a cheque each year. Nice.

    If flamingo strike something large which it is sounding like, then we have plenty of cash to go into production ourselves from all the above.

    Its a no brainer, IF, it comes off, and that is probably why we are sitting at .115 today.
 
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