Yes this is correct.
This is a small percentage of what is necessary for the project to go ahead and production is still a while away.
The announcement states that these funds will be used to speed up detailed design work and get long-lead time plant equipment. So essentially identifying a quicker pathway to production.
The main takeaway from this announcement is that majors want a piece of the pie and I can't blame them.
It will be up to the Dr. to balance derisking and dilution to maximise shareholder return.
Yes this is correct.This is a small percentage of what is...
-
- There are more pages in this discussion • 338 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add QPM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
3.2¢ |
Change
-0.002(5.88%) |
Mkt cap ! $80.67M | |||
| Open | High | Low | Value | Volume |
| 3.3¢ | 3.4¢ | 3.1¢ | $108.7K | 3.364M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1467033 | 3.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.2¢ | 216896 | 2 |
View Market Depth
| Last trade - 16.10pm 05/08/2024 (20 minute delay) ? |
| QPM (ASX) Chart |