Re " I did some digging last nite " - good work mate. you highlighted the reason for the 'too good to be true' deal. " "Moranbah sale will require a cash payment in relation to onerous contract provisions previously booked".
That said this is still a monumental deal which is a gamechanger. Gas supply secured at cheap price for TECH and concurrently good chance in reducing the cost of capital from QPM innovative initiatives to turn it around. Certainty is everything. Also sounds like good chance in proving up contingent resources.
Market will work it out in fullness of time with concomitant effect on SP.
QPM Price at posting:
13.8¢ Sentiment: Buy Disclosure: Held
