What amazes me is their JORC of 200,000 tonnes of copper.200,000...

What amazes me is their JORC of 200,000 tonnes of copper.

200,000 tonnes of copper x $8,000 per tonne = $1.6 billion.

Assume a valuation of 10% of in ground value = $160 million.

Assume a valuation of 15% of in ground value = $240 million.

The market cap of QMN = $52 million.

The above does not even take in to account QMN's substantial cobalt and gold deposit.

Further, a substantial upgrade of JORC (in both size and grade) is due any time now.

We are acutely undervalued ... with copper hitting a record high it is only a matter of time that the market cap will be corrected.

Good luck long term holders and welcome aboard new holders.