MQR 0.00% 1.6¢ marquee resources limited

COPPER: MQR's Lone Star Copper Project worth 16c a share, page-5

  1. 1,552 Posts.
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    Agreed we should sell our American assets. Focus is spread too thin. Belmont needs sorting first. In any case, they are a source of future cash which is great.

    Lone Star is turning more and more into a good asset as the Copper price deficit continues and the price rallies.

    14 years isn't that short and of course as you say opportunity to increase [I think this typically happens].

    The big game changer for Lone Star [and hence MQR] will be more or less the Copper price. At $15k USD tonne it is firmly in the money, and anything over that the value exponentially increases [as costs stay the same]..
 
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