QPM 4.88% 3.9¢ queensland pacific metals limited

What about this on page 45:"QPM’s ongoing activities are...

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    What about this on page 45:
    "QPM’s ongoing activities are expected to require substantial further financing in the future, in addition to amounts raised under this offer. In particular, QPM will likely require future additional equity funding to achieve final investment decision (FID) in respect of the TECH Project and to increase production at the Moranbah Gas Project to a sufficient scale to supply gas to the TECH Project. Any additional equity financing will be dilutive to shareholders and may be undertaken at lower prices than the current market price. To the extent that debt funding can be obtained to satisfy some part of these future financing needs, the debt funding may involve restrictive covenants which limit QPM’s operations and business
    strategy.
    There can be no assurances that equity or debt funding will be available on terms favourable to QPM, or at all. If QPM is unable to obtain additional financing as needed, it may be required to reduce, delay or suspend its operations, and this could have a material adverse effect on QPM’s activities and could affect QPM’s ability to continue as a going concern.

    Another capital raise?
 
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3.9¢
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Last trade - 15.59pm 16/05/2024 (20 minute delay) ?
Last
3.8¢
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