QML qmines limited
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Shaw and Partners have released a new research paper covering QMines with a 69cps Price Target., page-3

  1. cambodian_gold
    299 Posts.
    lightbulb Created with Sketch. 36
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    08/09/21
    09:21
    Post #: 55910399
    I note the key phrase in the Shaw & Partners report is.....

    The key risk is that the exploration is unsuccessful and the resource at Mount Chalmers is unable to be materially increased.

    Also "High Risk"

    They really do need some true high grades with tonnage. until then yes it is one of those 90%+ of companies in the high risk category. Hoping for good grades hence helping towards employment in the area would be fantastic if they found something of value.
    QML Price at posting: 35.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 1  Great analysis
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