QML 0.00% 9.5¢ qmines limited

Ann: Bonanza Grade Gold Rock Chip Samples up to 256g/t Au, page-9

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  1. 42 Posts.
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    Nearly 2 years later... and my original 5 cent buy in price is approaching....I have now revised down to 3.5 cents... I don't think it will take another 2 years as the cash burn rate and more capital raisings and associated share dilution will expedite that process. Keeping in mind there is still an outstanding $1.5 million loan to be repaid late Jan 25 (repaid in cash or further share dilution at a lower share price??) which is secured by five rural properties and some equipment. (ref announcement 30 Jan 24) For existing shareholders I hope I'm wrong and there is a deal happening in the background that overrides my sentiment.
 
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