well on the 18th may 2010, HR did what he does best and actually can complete, cap raise. And we were fed the below rubbish, none, not one of which has come true! Who does he answer to????? What a rort.
As foreshadowed in the quarterly report, Shandong Gold Group is planning a site visit to out projects in Cloncurry towards end of may to progress discussions of their interest in QMC.
Finalisation of MOU is progressing to establish copper processing operation at Kuridala. Meeting with the parties are scheduled at the end of may to finalise the JV agreement. Announcement will be made upon signing.
Discussions are progressing in relation to Greenmount projects area combining QMC's resources with another public company's resources in the Cloncurry district to enable development and production of copper products.
QMC has engaged golder associates to validate the copper resources and to define credits of gold and cobalt to enable negotiation in relation to the sale of Stuart ML to Ivanhoe Australia Ltd including areas surrounding mutual interest with the Selwyn district.
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