That's one of the most sensible posts here in the last day and a half...
Fact is 9/10 posters here since yesterday (with the notable exception of Glish) (sorry for your loss) have been negative on QPM for months and months... Probably most don't even have any real skin left in the game ... but keeping their 'hold' sentiment, true or not. To be acting like this is the final straw, when you've checked out long ago, is really fake!
IMO, we have $80m that can be drawn down but its for prepaid gas - we'll be beholding to Nobel for a long time to come. TPS plus gas sales were cash flow positive last quarter - I trust this to be factual. (Even if we weren't up by much). More wells are producing and more gas is flowing. (Oh, and I think electricity sales to TPS are being managed very well. Good money to be made when sales are $150 plus and imo price volatility is about to go way up, aided by seasonal variation).
What we don't have in the current QPME business plan/model is the WOW factor. We look to be getting by, but only just - so the upside has been limited. Hopefully, instos who know gas, will be piling in around 3.8 cents, and the money can be spent on something a little sexier for us. Something with more potential upside.
Share price went to 3.3 cents on move away from TECH, then back up to 5.5 on MGP. If the bone should be pointed at anyone for the retrace to 4.1 imo, concerning leaks, it is the source of the $18m or the attempt to get it, not the company. In my experience leaks come from the money men...
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