To be honest, I'm not expecting to see any significant changes in the SP till after the $2.5 Entitlement issue is all over and done with.
There will be a dilutionary effect due to the $2.5M CR, and thus why I believe the market has capped the SP around the 7 cents mark.
Anyways, I have been in QPN for the long haul, but we are creeping closer and closer to the commencement of drilling, and I am looking forward to seeing my patience with QPN to finally pay off.
As I have mentioned earlier in many of my previous posts on QPN, no one has raised concerns that we will not find anything, it's been all about having the funds to start the drilling, and finally we are close to our first objective.
QPN Price at posting:
0.7¢ Sentiment: LT Buy Disclosure: Held
