almost a bullseye, page-3

That doesnt look good for qpn......40bopd net and declining, soon it will do little more than cover admin....cash is about to run out this quarter i suspect...
current market cap at .08 is approx $4mil....I suspect capital raising would need to raise at least $1mil + loan repayment $.5mil....they would be doing well to get it away at .5c...would need 1:2 or 2:3 raising minimum.....Unless they sell bullseye, considering the current production i dont see they would get much, would be better to hold on and take the revenue.....

I was however impressed with how low they have kept the admin costs....

Any money previously invested in qpn is as good as gone , it now comes down to whether people think that now is a good idea to recapitalise the company and start again...risky