QPM 2.78% 3.5¢ queensland pacific metals limited

Ann: Investment and Offtake Agreement with LGES and POSCO, page-51

  1. 661 Posts.
    lightbulb Created with Sketch. 220
    just curious, why do we need the capital raise on top?
    If they have been negotiating with LG for some time on this, as stated in their presentations then why not have this funding before the last capital raise at 8c? Why do both? we have now been diluted a total of 400mil shares or something (without looking up the actual number) over the last two capital raises. Sure these are in escrow, but would have been much better had the 8c raise not occurred and LG funded the pre feasibilty study. Would have saved a shed load of dilution.
    Thoughts?
 
watchlist Created with Sketch. Add QPM (ASX) to my watchlist
(20min delay)
Last
3.5¢
Change
-0.001(2.78%)
Mkt cap ! $88.24M
Open High Low Value Volume
3.6¢ 3.6¢ 3.5¢ $31.15K 889.6K

Buyers (Bids)

No. Vol. Price($)
3 233482 3.5¢
 

Sellers (Offers)

Price($) Vol. No.
3.6¢ 439359 4
View Market Depth
Last trade - 16.10pm 23/07/2024 (20 minute delay) ?
QPM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.