How about one of the ones proposed from the man himself:
Lelde Smits: Besides White Range, how are discussions progressing around mining and processing either with other parties or third party facilities?
Howard Renshaw: Very advanced and we have a lot of mines in Duck Creek. We have the Young Australian Mine, not part of White Range, we can support White Range. We have the Stuart Mine to the south at Selwyn. They’ve all got oxide deposits that can be delivered to processing plants; we’re in discussions with joint venture partners who have processing plants. They’ve got sulphide and oxide processing plants and we can deliver either to them. They’ve told us they would specifically like oxides this season, but this is a great opportunity for QMC also to get some early cash flow besides the gold, while we’re trying to develop White Range which is the bigger scene.
Lelde Smits: Last question Howard, what’s the priority for the next six months?
Howard Renshaw: Well there’re two high priorities. One is White Range - you know to really add a lot more value to White Range and to get it to a position where we can move down to - with joint venture partners or in our own rights – to get that towards production. Very significant, great opportunity while the copper price is so good. At the same time we are going to mine and produce and send copper to our joint venture parties, and that could be more than one, over the next two to three years to progressively mine deposits that are not taking the integrity of White Range away – it’ll still be there. QMC has a lot of hidden assets, a lot of resources and I’m quite sure the market doesn’t really understand this and they will as we go forward. We’ve got a lot of opportunity to deliver copper.
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QMN Price at posting:
2.1¢ Sentiment: Hold Disclosure: Held
