QPN 27.3% 0.8¢ quest petroleum nl

acerage swap - a short story

  1. 664 Posts.
    Please SAE take some of this expensive acerage off qpn shareholders hands.

    Kettlemen is overflowing with black gold but QPN cannot drill it because qpn wasted $6 million on paying for the acerage lease rights last year and drilling expensive wells for minority stakes.

    Also if qpn dont give it to SAE for free they may have been able to sell it for cash...and that would not be equitable as the aim of the game is trying to dilute the current shareholders out by way of a large capital raising in the near future.

    On the upside qpn did picked up a few more minority stakes which will add little value to qpn and cost just enough money to keep qpn broke.

    THE END



 
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