QPM 8.82% 3.7¢ queensland pacific metals limited

Ann: Trading Halt, page-90

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  1. 25 Posts.
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    I've always had concerns SG is just worried about getting the whole thing up and running and at whatever cost. No concerns for shareholder value etc. He really had the opportunity to leave a lasting legacy if he could get QPM up and running and look after shareholders along the way. He would've been a star in Australia. But unless he can get finance at 70/30 debt to equity as a very minimum now, and a big drop in capex, then early shareholders wont be rewarded for what I think they should be and QPM wont be remembered by many.
 
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