QMN queensland mining corporation limited

drilling this year?

  1. 3,325 Posts.
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    GBZ has already been drilling for a month!
    What on earth are QMN doing??

    From Quarterly:
    "The company believes its strategy of pursuing joint venture partners and farm outs to fund planned drilling and ongoing exploration will assist to conserve cash and minimize future equity dilution to shareholders."

    Which is a good strategy if they could actually establish a JV. They have had all wet season to really focus and organise a JV and still haven't 5 months later. So it does not look like we will be drilling this year folks to conserve cash as we wait for JV's to get to "very very" advanced status.

    Why don't we try and get our stockpiles processed to try make some funds?
 
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