Ann: QPM Energy Presentation, page-49

  1. 3,697 Posts.
    lightbulb Created with Sketch. 766
    Revenue is only one side of the equation and means very little without knowing the expenses.

    I would much rather Qpm announce they have further reduced expenses.

    QTR will be very telling, none of the management have walked yet. Plenty of upper management hired for a nickel project which has been side lined and yet they are being paid top dollar.

    What was the burn rate last QTR? $20 mil or $30 mil and what is the estimated profit this QTR $10 mil?

    I will be very surprised if Qpm is cash flow positive.
    Last edited by PieChart: 07/03/24
 
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