As I have stated numerous times, it would be a disservice to QXR to attempt a CR at anything in the 3's. They need to be careful. They have value to their portfolio now without doubt, so the least dilution for the most capital needs to be achieved to show their confidence in what they are seeking to prove.
They have recently stated that they have enough cash for the work they have lined up so far. I thought that might just be the end of that kind of chatter for at least a little while longer than two weeks.
A disappointing close at 3.9 cents but it just brings me back to my trigger happy trigger finger action if it get's stupidly low enough. A few more happy enough to fall for the games and I may get that chance.
They want your shares, surely we know this by now no.?
All the very best to those who are sticking around.
TOWB
Ann: QX Resources Expands its Pilbara Lithium Portfolio, page-9
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