QMN
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0.00% 16.8¢ queensland mining corporation limited

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  1. h00ts
    46,685 Posts.
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    15/07/11
    13:45
    Post #: 8680856
    Penny ! QMN may well get a takeover but I think it will be Exco . CDU wont be interested IMO - Cudeco ceased being a major holder of QMN some time back now after the falling out between Mccrae and Renshaw.

    CDU now have the EPM beside QMN Morris creek its 3 times as large and it didnt cost them anything.

    CDU wont be interested in QMN's other leases but I expect EXCO will - seeing they are cashed up and will be looking for new targets after the CCP sale to the Xmen.

    Cheers Hoot

    The Map below shows the current CDU tenements.

    QMN Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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