60/40 debt/equity going to be an enormous stretch if we don’t get our market cap to at least $800 million IMO. That’s >4x from current levels. I would think 75/25 is a more realistic split.
If we can get $500m from EFA, $250 from NAIF, $270m K-Sure, $200m from EDC, $200m from Aus Banks and then achieve a $150m reduction in the capex requirement from easing inflation, this would leave $530m from an equity raise. Ideally, we get more from NAIF, but not sure that’ll be the case. We indicated $250m in that quarterly that was then withdrawn.
Double our market cap through the equity raise is a reasonable expectation, but any more than that is unlikely to be achieved IMO.
There is a line of sight to getting it done, but we need to start ticking a few boxes to get the share price to move in the right direction and support the project. Unfortunately, we just have to wait until the Gov’t tick all of theirs!
- Forums
- ASX - By Stock
- QPM
- Associated News
Associated News, page-221
-
- There are more pages in this discussion • 3,270 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add QPM (ASX) to my watchlist
(20min delay)
|
|||||
Last
3.4¢ |
Change
-0.002(5.56%) |
Mkt cap ! $85.72M |
Open | High | Low | Value | Volume |
3.5¢ | 3.6¢ | 3.4¢ | $43.56K | 1.241M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 460516 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 62060 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 460516 | 0.034 |
4 | 603030 | 0.033 |
6 | 337657 | 0.032 |
5 | 656954 | 0.031 |
13 | 1227770 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 62060 | 2 |
0.036 | 161470 | 3 |
0.037 | 779467 | 5 |
0.038 | 1100000 | 8 |
0.039 | 1409404 | 4 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
QPM (ASX) Chart |