Another stumbling block for QMC is cashflow.QMC announced in the...

Another stumbling block for QMC is cashflow.QMC announced in the last Qrtly that they intend to do toll-milling with suitors,CopperChem,Ernest Henry and Ivanhoe with the view of early cashflow and the way i see it with these plants hungry for ore significant cashflow will happen quickly.

Also QMC has existing infrastucture at various sites,Mt Freda,Gilded Rose and Mt Norma.I know these plants would take only approx six to eight weeks at low setup cost to set up for treating the ore that is stock piled.So the cashflow problem will be taken care of.

Mt Norma is one site i feel will surprise.

Then we have White Range and the Sellwyn Group of leases that will be in production by years end.For anyone who has ever negotiated these sought of deals you will realize confidentiality is paramount.So know update,no matter how much we all want it on these JVs will be announced.

The announcements will come when the heads of agreements are signed,unless both parties agree to make the announcement as soon as the handshake has happened.So we sit and we wait.We are all getting frustrated and rightly so.