I was pleased with the Qrtly and thought it was concise and answered some doubts on future cash raising,that now seems won't be required.They have a very sound plan in farm outs and JV's and now they must quickly cross the T's and dot the I's.
The Qrtly was also well presented in my opinion.I have had some experience in Toll milling and it offers low risk to QMN shareholders with early cash flow and we have so many opportunities/leases to make various deals on.
"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".
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karlene, page-11
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