QMN 0.00% 16.8¢ queensland mining corporation limited

Ann: Amended Appendix 3Y , page-7

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  1. 6,997 Posts.
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    cap raise will have to be on the cards anytime scanman, they had about $3.5M in march from memory, supposedly drilling now and they burn cash like there is no tomorrow, Tulla need their $3M paid back in Oct and if they dont drill pretty aggressively then they wont up their resource totals for BFS.

    So when it comes it might be substantial IMO. We will know the cash balance in a couple of weeks so anything could happen between now and then.
 
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