QPM 0.00% 3.3¢ queensland pacific metals limited

Ann: Trading Halt, page-46

  1. 1,067 Posts.
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    They need a real justification in doing this or the SP will bleed 10, 20 or 30%.

    Unless it is an out of the blue surprise, this makes no sense to raise a few million here or there if you have a fully funded production increase plan.

    Obviously, it is best to take it positively. But I think they are short of infrastructure and need to build up more. The 120 million was for the production/ well investment not for distributing or connecting the capacity
    Last edited by larrygerry: 13/05/24
 
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