For all the shareholders in QMN this article will be of interest...

For all the shareholders in QMN this article will be of interest to you:

http://news.smh.com.au/breaking-news-business/oz-minerals-rejects-m-and-a-slur-20120118-1q65b.html

Most signficant piece in the article being a comment from OZ minerals CEO Terry Burgess made:

Mr Burgess said he was interested in assets that would produce 50,000 to 150,000 tonnes of copper a year and could be brought into production by 2015-16.

I would hazard a guess that Young Australia falls into this range with the JORC indicating 231,000 tonnes - a mine with a life of 4 years or there abouts.

This looks like a great opportunity for QMN to generate value for its shareholders - lets hope that we see some efforts to get this play going.