Hang on Davo !
My response to you had very little to do with your assertion about a capital raising.
I think my comments were plain enough in that I was contesting your comment about how that phrase "cashflow positive" was to be attributed or what it applied to.
I made no comment about your other suggestion that you mention and now claim that I was commenting on - i.e. "I have posted basic facts...QPN are seriously short of cash and regardless of what you wish/pretend/dream they will need money very shortly...... "
I have not denied that the cash position of QPN is presently rather meagre. And I did not rise to that bait in your post.
How the need for funds is addressed will unfold over time. I would think that they want to first see what the results are from the testing of the Cib Haz layer in J #2. Good results there can immediately be turned into additional cashflow ...... perhaps doubling the net cashflow per month.
Then Acosta is waiting in the wings to be developed one way or the other.
Okay funds will probably be needed to bring Acosta into production and J #2's flow will not provide enough immediately.
But a way will be found. The basis is there in the Bullseye prospect for a very useful cashflow generator. There wuill most likely be an additonal well drilled after J #2 and Acosta are brought into production.
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