now is the time, QMN shareholders have more than 10% supporting the removal of QMNs MD, including some top holders and this is basically only HC holders.
I think that GBZ might be eyeing QMNs assets Beany, especially Morris Creek, they have the Japanese backing. EXS have plenty of cash. CDU could also be a contender for Morris Creek plus Blackfort. AOH has credit Swisse in their back pockets and could do with some upgrades to add to their own.
Any company could pick and keep what they want from QMN and sell off the rest. Im sure IVA would take Stuart and Young Australia, GBZ/CDU could buy Morris Creek, EXS maybe the gold assets, and sell White Range off, like tony sage did with Leichardt to the Chinese for a song.
If someone took QMN over you could almost re-coup your buy in and get what assets you want for free or for profit!!!!! Just as long as you pay me what I need!!!
But perhaps EXS will play it safe in these times and lay low and keep reaping in the $$$. good luck to EXS perfect timing and tons of resource and cash. Nice
EXS Price at posting:
60.5¢ Sentiment: Hold Disclosure: Not Held
