QMN 0.00% 16.8¢ queensland mining corporation limited

no stock why post, page-29

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    I expect there would be a serious blowout to the capex costs from the original.

    PLV capex cost on their PFS doubled and the recent placement prospectus to M & G for CDU has flagged a 50% capex increase from $200m to over $300m - The original matrix BFS would be way out of date by now.

    Exco sold the CCP project to Xstrata for $175m rather than try and raise north of $300m to go mining as they figured the dilution would be a worse result to shareholders than to simply sell the project ?
 
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Currently unlisted public company.

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