Some people getting nuanced by the nonces.............It says "PLANNED activity is fully funded" from the Corporate presentation from 30th April
The Q I have, is when did the board meet with newly in situ CEO and discuss any NEW Plans - especially those that need a Sh!t ton of new money - over above the current plans being executed - then sign off on a dilutive CR.
I hope like hell the $20mm is actually part of someone elses Plan! A BIG Energy Infrastructure play ($100mm plus) and QPM has some skin in THAT game, which will add value to the currently funded MGP/New drilling plan. That would be money raised/well spent.
Also, someone at ASIC needs to go down the rabbit hole on who had that info and did the shorting prior to CR announcement.
QPM Price at posting:
4.1¢ Sentiment: Hold Disclosure: Held
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