I would just like to say that MACQ are not needed to raise funds for a mine because CQT isnt going to mine anything. They will be taken over by GF well and truly before any infrastucture is developed.
I have a feeling MACQ was put on the radar to kick GF along. ie if GF dont want to capitalise on CQT then CQT will go it alone because they now have the backing. This then forces GF hand. Does anyone agree??
From what I understand CQT now has enough high profile investors to raise whatever money they need to mine (which they eventually wont), therefore they arent restricted with funds, and Im sure GF is aware of this. Just read JTs comments on the placement announcement. Im sure thats what he is thinking.
CQT Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
