QMN 0.00% 16.8¢ queensland mining corporation limited

No cap raise this time around and if there is it will be in...

  1. 1,570 Posts.
    No cap raise this time around and if there is it will be in house with share holders involved.

    Last Qrtly

    Cash position as at 31 March 2011 was $2.101M.

    Joint Venture arrangements may yield and/or provide capital to the company

    The Company believes its strategy of pursuing joint venture partners and farm outs to fund planned drilling and ongoing exploration will assist to conserve cash and minimize future equity dilution to shareholders.

    That would make the above a lie.

    Okay i will play
    May 27th is my guess.
    25Mill At 9.5c
 
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Currently unlisted public company.

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