QMN 0.00% 16.8¢ queensland mining corporation limited

"There will be no cap raising anytime soon, if at all.That's...

  1. 46,599 Posts.
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    "There will be no cap raising anytime soon, if at all.That's what i was told"

    Hmnn Phoenix that's what CDU told shareholders via an asx release two weeks before they sold 10m shares to M & G at $2

    Given the way the Banks made OZL fire sale their assets at the bottom of the GFC I would doubt Bank Funding would be available to QMN.

    CDU is a half billion market cap and they had to go to China and down the placement slash off-take road.

    I reckon your Exco hook up seems the most likely when they are cashed up after the CCP sakle to the X Men.

    Cheers Hoot
 
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