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4.1¢ queensland pacific metals limited

How will this be funded now?, page-5

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Shaq_01

5,451 Posts.

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29/11/22

11:50

Post #: 65045737
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Originally posted by Happytrades: ↑

To be fair I don't hold QPM but I do hold another similar company that has been saying it will get funding for years and that is yet to happen.

There story has been no dilution and they will just get an equity partner to stump up 600k for the rights to buy the takes of the project once the mine is built in 4 years. They need 1.8 billion in funding and supposedly have 1.2 billlion sorted, yet cannot to date raise that sum.

QPM have just had a DFS come out saying they will need 2.1 billion and already have offtake deals signed. So are you going to try and raise that amount on market, currently with the SP at 12 cents? That would be 17billion 500 thousand extra shares or 800% dilution?

Now before you think I'm trying to cause trouble, I can't see that money being raised, I think the con has been the false articles all promising this is all going to happen.

How do you think this will be funded? Considering a similar company that completed a DFS in 2018, a PEP in 2020 only needs an extra 600k and can't make it happen?

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is the other party SRL ?

maybe ask SG why he left SRL more than two years ago and SRL are still in the same spot while we basically passed them from almost zero in two years

QPM Price at posting: 11.8¢ Sentiment: Buy Disclosure: Held
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Last 4.1¢		Change 0.000(0.00%)		Mkt cap ! $82.51M

Open	High	Low	Value	Volume
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Buyers (Bids)

No.	Vol.	Price($)
1	20000	4.3¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
1	20000	0.043
3	27278	0.042
6	153254	0.041
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Price($)	Vol.	No.
0.035	30000	1
0.037	1000000	1
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