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3.7¢ queensland pacific metals limited

News: QPM UPDATE 1-GM to take equity stake in Australian mining company, page-11

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BBQChicken.

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118

12/10/22

21:26

Post #: 64167662
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Originally posted by T.E.P.: ↑

For me, the key question is has this $69m USD investment from GM been done at the market cap level or the NPV level?

If the former, then that's a dilution of shares of ~47% (relative to a market cap of $235m).

If the latter, then that's a dilution of less than 10%.

I think the playbook QPM needs to enact from here is to move the market cap on this news (and the subsequent DFS), such that the remaining $300m of equity that needs to be raised can be done (and at low levels of dilution).

This $69m USD injection, plus $300m of new equity (eventually will need to be raised on market), plus debt of $700m, should get them to $1b in funds, which should hopefully cover the CAPEX bill (of which we don't exactly know what the total is yet, pending the DFS).

Overall, this is a great step forward, well done Stephen.

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Next time you leave, just do it like everyone else.... quietly. Nobody cares.

QPM Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 3.7¢		Change -0.001(2.63%)		Mkt cap ! $93.28M

Open	High	Low	Value	Volume
3.8¢	3.8¢	3.7¢	$1.852K	50.05K

Buyers (Bids)

No.	Vol.	Price($)
4	472377	3.7¢

Sellers (Offers)

Price($)	Vol.	No.
3.8¢	919227	6

View Market Depth

No.	Vol.	Price($)
4	472377	0.037
9	3387228	0.036
6	307856	0.035
4	295303	0.033
6	756407	0.032

Price($)	Vol.	No.
0.038	919227	6
0.039	1632577	8
0.040	713113	10
0.041	95467	2
0.042	571685	3

Last trade - 13.12pm 16/10/2024 (20 minute delay)

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