"Even if the company was liquidated tomorrow, shareholders would get back more than their 1c investment"
That is correct IF you liquidate.
However, liquidation is not the plan. QBL just bought into a Exploration project, meaning that they have to spend a lot of money on exploration ... chances are, they have to spend more than what they currently have in their kitty. So as an investor, I may not be interested in the current cash as this will disappear quick.
Just my though - looking at buying a little stake if it falls to where it was before.
"Even if the company was liquidated tomorrow, shareholders would...
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