QPM 2.22% 4.4¢ queensland pacific metals limited

LT shareholder getting shafted is an understatement right now....

  1. 72 Posts.
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    frown.png LT shareholder getting shafted is an understatement right now. 24million?!

    We have:
    * 16.382 Cash remain from june quarter 2023
    * 30mil from the MGP
    * - 25.2mil environmental bond when petrol lease are transfer (when are they transferred anyway, I thought thats around 2024?).
    * 10.2mil R&D tax refund to come
    So 56.582mil cash - 25.2mil = 31.382mil

    Do we really need to raise that much? Felt sick just looking at that dilution.
 
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