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3.8¢ queensland pacific metals limited

Which recent ASX announcement changed the internal credit...

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LadyMoney

284 Posts.

17

27/09/23

12:55

Post #: 70051567
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Originally posted by stockhead123: ↑

Interesting that the SPP prospectus is still talking about internal credit approval in the December quarter.
Some one hasn't updated the Prospectus in line with the recent ASX announcement.

"7.2 Company specific risks
(a) TECH Project delays
The Company's plans to develop the TECH Project may be delayed or unsuccessful for many
reasons including unanticipated economic, financial, operational, engineering, technical,
environmental, contractual or regulatory events. The Company's current target is for the debt
financiers to obtain internal credit approval for the necessary finance in the December quarter of
2023, with final investment decision (FID) to follow. The Company's ability to achieve FID is
subject to a number of important deliverables prior to that date, including completion of a final
definitive feasibility study, concluding the debt financing package (which requires the completion
of external technical due diligence) and obtaining all necessary permits, regulatory approvals
and third-party consents necessary to commence construction and operation.

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Which recent ASX announcement changed the internal credit approval?

QPM Price at posting: 5.9¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 3.8¢		Change -0.003(7.32%)		Mkt cap ! $76.47M

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3.9¢	4.1¢	3.8¢	$376.0K	9.590M

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Price($)	Vol.	No.
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11	742058	0.035
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Price($)	Vol.	No.
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0.041	709395	4
0.042	1100000	3
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