1 DECEMBER 2021
SHAW AND PARTNERS
Resource Upgrade at Mt Chalmers – more to come in 2022
(REC: Buy, RISK: High, PT $0.74) (8pgs).
Qmines has announced a resource upgrade at the Mt Chalmers Copper Project in Queensland. The resource has increased 38% from 73kt (Cu-equiv) to 101kt. Importantly, the resource is now 78% measured and indicated whereas previously it was 100% inferred. The grade has slightly reduced from 1.87% CuEq to 1.7% CuEq with the cut-off grade reducing from 0.75% to 0.5%. We increase our price target from 72cps to 74cps.
6 OCTOBER 2021
SHAW AND PARTNERS
Exploration Success at Mount Chalmers – on track for resource upgrade in late CY21 (REC: Buy, RISK: High, PT $0.72) (12pgs).
QMines has released results from its drilling program at the Mount Chalmers copper project in Queensland. The company has encountered high grade mineralisation outside the existing Resource and looks on track to announce a resource upgrade before the end of CY21. We recently initiated coverage on QMines (QML:ASX) with a Buy recommendation and 69cps price target which we today increase to 72cps.
1 SEPTEMBER 2021
SHAW AND PARTNERS
Rejuvenating the Mount Chalmers Copper Project – Initiation of Coverage (REC: Buy, RISK: High, PT $0.69) (11pgs).
We initiate coverage on QMines (QML:ASX) with a Buy recommendation and 69cps Price Target. QMines IPO’d on the ASX on May 6th, raising $11.55m at $0.30ps to fund exploration at its flagship Mount Chalmers copper project in Queensland.
17 MAY 2021
ORIOR CAPITAL
Simon Francis, Head of Orior Capital Hong Kong, reports on QMines Ltd (ASX:QML) in research report titled “Red hot copper” dated 17 May 2021.
12 MAY 2021
SHAW AND PARTNERS
Andrew Hines, Head of Research at Shaw and Partners, reports on QMines Ltd (QML) – copper exploration at Mount Chalmers.
QMines IPO’d on the ASX on May 6th, raising $11.55m at $0.30ps to fund exploration at its flagship Mount Chalmers copper project in Queensland.
3 MAY 2021
RESEARCH AS A SERVICE (RaaS)
QMines Limited presenting at the Sydney Mining Club Leading Edge May 6. Soon to be listed copper & gold developer QMines’ Managing Director Daniel Lanskey will be presenting at the Sydney Mining Club Leading Edge event on May 6.
