QMN 0.00% 16.8¢ queensland mining corporation limited

investorium.tv qmn webcast live monday, page-30

  1. 279 Posts.
    My quick analysis of the presentation overall: first, I'll comment on the new information revealed, then second, the mode of presentation

    1. The new information -
    Alluded to announcement in 1 month re ?cashflow and porduction.
    Alluded to other discussions now "in writing".
    Alluded to discussions with Ivanhoe, Exco.
    Alluded but wouldn't comment either way to uranium!!

    2. Mode of presentation -
    Was like an old bloke around a campfire; rambling on;
    Took too long.
    Disguised the facts among rambling.
    Got facts wrong.
    Didnt use a written presentation (could have paid a 1st year Geology/Bus student $200 to write his presentation).
    Didn't highlight the major priorities.
    I was left with less knowledge about the indiviual resources than prior.
    Very poor response to the market cap question - was very simple question requiring a simple answer - I'm still not sure what his answer was (?90mill, but I wouldnt trust the rambling maths he gave us)
    O'all - He should not be allowed to represent this company at a publicci forum again without significant oversight by the Board or someone with basic presentation/marketing/sales skills.

    (I have a large holding in this company and cant believe its in his hands. The new employees need to get up front today, or better yesterday. HR probably has a role in thsi company but not as MD - we as holders need to put HR in the right place.)




 
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