I thought it would be good to start a thread to compare what...

I thought it would be good to start a thread to compare what Cudeco has with what QMN has. Perhaps someone else can start a thread making comparisons with other companies in the Cloncurry area such as Exco Resources.

Cudeco at their Rocklands Copper Project has:

+ A headline mineral resource (JORC) of 31 million tonnes @ 1.24% Copper equivalent (that is, 384,400 tonnes of copper) using a 0.8% copper equivalent cut off.

+ Total resource of 245 million tonnes at 0.42% copper equivalent (1,029,000 tonnes of copper) using a 0.15% copper equivalent cut-off.

+ Cash of $51 million

+ Market cap of $445 million.

Queensland Mining Corporation has:

+ White Range - 2005 Bankable Feasibility study JORC 33.9 million tonnes @ 0.99% copper equivalent ( a 1% cut off updated JORC is pending). But based on what is known today this gives 335,ooo tonnes of copper equivalent (244,000 tonnes of copper, 23 million pounds of cobalt, 202,000 ounces of gold)

+ A mining licence on white range (that is currently being updated)

+ Cash of $2.5 million

+ Market cap of $32.3 million

+ Its own plant, drilling rigs trucks, and machinery

+ Many other company making tenements.

Do the maths and compare like with like.

Comments please.