QMN queensland mining corporation limited
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Nope - transaction is with a privately owned company Moly Mines...

  1. eastwest101
    5,511 Posts.
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    13/10/17
    19:30
    Post #: 27895929
    Nope - transaction is with a privately owned company Moly Mines Limited, nothing to do with the ASX listed Millenium Gold (MOY).

    The question to ask is the $45M cash component a reasonable price for the White Range project? Other longer term holders of QMN may be able to give their opinions on this.

    Another question is why has MML sat on the cash for so long and why did they approach QMN to buy White Range now?
    QMN Price at posting: 9.0¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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